Budget Strategy

15 days ago
31

Have a listen to what is trending on Tiktok. The cash envelope system or the envelope method, also known as cash stuffing, is a introductory budgeting method that helps you manage your expenses by putting hard limits on your spending. Each month, envelopes designated for different expense categories contain the allocated funds. Cash stuffing can potentially keep you from accumulating credit card debt, but it does mean having a lot of cash available. The cash envelope system is just one of several budgeting strategies to help you control your spending.

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Recent article by CNBC:
https://www.cnbc.com/select/cash-stuf...

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