How to Start Cash stuffing?

Cash stuffing involves dividing your take-home income among various expense categories and placing them into separate envelopes designated for each category of spending.

“Budgeting is not just for people who do not have enough money. it is for everyone who wants to ensure that their money is enough.” Rosette Mugidde Wamambe

By knowing where your money is going, it allows you to spend within your budget and live within your means. If you are mindlessly spending on various things throughout the week and month, how would you know if you are saving and not overspending?

Cash stuffing allows you to build the habit of estimating your spending for each category (shopping, food, eating out, beauty, gas, decor, etc.) Of course, each week/month is not the same and your spending may change. By having a planned budget amount, you can see how much you spend within each category and change your budget amounts accordingly.

Recommended tools:

Essential Sinking Funds Binder

This binder is created to give you the basic categories for those looking to start cash budgeting. The categories included in this binder is grocery, eating out, personal spending, bills, household, car, debt, emergency fund, personal savings, self-care, social events, miscellaneous.

Holiday Savings Challenge Binder

This binder is created to help you plan ahead for the holidays and slowly save your designated amount throughout the year.