I Tried Cash Stuffing for a Month! Successful Budgeting and Saving Technique?
2024 ж. 16 Нау.
3 753 Рет қаралды
Hi people, in today’s video I show my journey with cash stuffing. I tried this budgeting and saving technique for a month and I will give you full insight into my finances. Hope you enjoy! X.
I've started cash budgeting too. There is a big community of cash budgeters on YT. I leave my bills in the bank and withdraw the rest out and split it into 4 weeks for the month. So groceries, fuel, spends etc. If I want something online I'll go out the cash in the bank,that way it gives me time to really think whether I want the item or not. I have a purse with the envelopes that I take out with me , that way I dont have to do it all when I get home .
It is a really handy tool to keep on top of your spending I have noticed! It’s a good idea to take the entire purse with envelopes to the store, but I find that I buy a lot of items at one store that are from different budgets so I would still net to balance the checks so to say when I get back home. I don’t mind though, I quite like doing it!
It was so enjoyable watching your progress in the first month! I wish you continued good luck on your journey as you change more habits and subsequently save more euros!!! ❤
Thank you so much! ♥️ I will definitely keep updating through shorts and will most likely make new videos when my circumstances change and after a year
Cool that this worked for you :) I think I am going to try some of it, too. Cash is still very common in Germany, so I guess this is not going to be an issue ...
Yes, I noticed that in Germany. Some places didn’t even offer card payment, almost got me in trouble once 😂! I ended up having enough change for my bubble tea so turned out fine. So interesting that just across the border the situation is totally opposite. I really recommend trying this out! I hope it will be as eye opening and as successful for you as it was for me, or more so! Let me know how it goes
Excellent job. KEEEEEEP GOING!! 🙂 It's a GAME changer.
Thank you so much 🥰 It really does feel like a game changer and I am really curious to see where I am and where this takes me a year from now! Did you try this method yourself?
I partially cash stuff some of my sinking funds, variable spending and personal spending. The rest is digital. But I budget and track every penny. It's second nature.
I hope it will become that for me as well! I have always struggled with spending, everything I get flies out of my hands so quickly. Here they say I have a hole in my hand 🥲
Budgeting is individual. You will find what works for you. And it's ok if something doesn't work and you need to change amounts. Budgeting is also fluid and may need to change month to month. 😊
Thank you for this, I am the type of person that gets frustrated when something doesn’t go perfectly the first try and this really helps refocus my mindset 🥰
@@hazelbluealroy1471 You're welcome. 🙂 A lot of people navigate budgeting in that way. It's hard to see people think they failed when they didn't. Myself included. Life changes daily and with those changes your budget may be affected. It's a continual learning process. Also what works for someone else may not work for you and that's ok. It doesn't mean you failed or you're not doing it right. It just means it doesn't work for you right now.
@@z_123 you’re absolutely right! And I should remind myself of that more often and change my mindset into this because I do think it would help me improve my life way better than always thinking I failed. Thank you for your comments!
You should do some investing too. Youre still really young. Time is your best friend.
You’re absolutely right and it is on the list, I just don’t have any investing money right now unfortunately.
i love alll your videos! i just started my own channel and you've pushed me to learn and post videos! thank you! 🤍
This is one of the best compliments I’ve ever gotten, I am so happy I could inspire you! Thank you so much ♥️
Enjoyed your video. It's great that you saved. Good luck for the next year!
Thank you so much!
Thank you for being so open and honest. I am struggling with the same issue and knowing that I am not alone helps so much
Recognizing and owning up to problems is the first step! There are loads of people that struggle with these things but it’s such a taboo! I am really glad I could help you in this way 🥰 You can overcome this! Good luck to you!
Cash savings one month is not long enough, give it 6 months my biggest tip is, 50% of pay into fixed expenses, 25% flexible expenses/ future expenses, 25 % pay yourself keep adding envelopes for everything, friends birthdays, holidays, etc I put 5$ or less every paycheck, it really adds up also pay it later options still affect your credit score. I tried the 100 envelopes was my first try in savings in cash. I was so tough but worth it, saved 1000$ in 6 months People do digital cash stuffing with prompt money but its not as effective as the holding cash. KEEP GOING GIRL !!!
I will keep going for sure! I’m obsessed 😂 and I will work towards that 10.000€ goal 💪🏼 And I am sure you will do really well with your savings journey as well! I hope to one day be able to do the 50/25/25, but right now with my income it just is not possible. Cost of living crisis is killing. But, I just got a job offer that’s going to seriously increase my income so we’re on the up and up ♥️ The thing about pay later features in my country is that they actually negatively affect your ‘credit score’ or my country’s equivalent, so I really gotta steer clear of that! Thank you for your comment! 🥰
Wonderful video. New subscriber because I want to see your progress. I have been at this for a year now and I can tell you it gets easier. There is a lot of satisfaction seeing money left at the end of the month. Or having an unexpected expense come up and you have the money saved to cover it.
Thank you so much! I think it takes away a lot of stress as well when you have money to spare and don’t have to worry about unexpected bills. I am very curious to see my progress as well 😆
New subscriber here. I'm looking forward to following your journey.
Hi! Thank you for subscribing 🥰 hope you’ll enjoy!
Hi I would suggest keep going with it 😊 it really does work ❤ I'm in the UK and there's alot of us cash budgeting on you tube ❤
Hi! 🥰 I will definitely keep going with this O’m so curious to see where I will be a year from now!
Congratulations!
Thank you 🤗
New subscriber here! Cheering you on! I am in the same boat, right there with you!
We can do this together 💪🏼
@@hazelbluealroy1471 I look forward to doing this together with you.
also read Dave Ramsey. Best wishes! It is something we all learned after leaving our folks. I have two bank accounts. One for saving and the other for spending. That way I don't see a whole bunch of money and think i can go shopping, when it really is allocated for bills like car insurance and house insurance.
That’s a really smart way to do it as well! I will look into Dave Ramsey
Just saw your channel great video ❤🎉 new subie
Thank you so much 🥰♥️
Hi ya Hazel new subscriber here I am a cash budgeter myself I suggest you put all your change in a money box or jar and put your change in a slush fund in the bank thats what i do it soons buiĺds up after a while good luck with your budget x
I have taken to putting all the change pieces smaller than a €1,- into a jar and am very curious to see how much it will be by the end of the year! Have you been able to save a lot by budgeting? Thanks for the support 🥰
@@hazelbluealroy1471 Hi again Hazel its a slow progress but yes Ive saved a wee bit of money in the bank only been cash stuffing for 2 years myself but i love it and like you im on a low income with my 2 part time cleaning jobs but doing this I can keep track of my money and my spending especially with 4 grandchildren to spoil 🙂 but I manage and I have a separate account for my change in an isa saving account and thats building up aswell you keep up the good work and keep on saving and Ill look forward to seeing ur next cash stuffing x
@@Susan-xx7tw2qq5v I am so glad to hear this is working so well for you and you have money to spare to spoil the grandkids! Thank you for your support 🥰
There are also apps where you can do this, I think the envelope method is for me not practical, and perhaps a bit non-secure. You keep track by adding your expensives in the app. P.s. I'm Dutch, but live in Germany. I know your accent.
My bank actually offers something similar but it is too easy for me to just grab the money off of my savings account and thus saving isn’t happening. I noticed that this way the money is hidden from me more effectively and I don’t use it. Die Nederlanders zitten ook overal he 😂 ik hoor dat het wonen in Duitsland wel lekker goedkoop is in vergelijking met hier, vindt jij dat ook?
You might want to try the 100 envelope savings challenge. I tried this and found saving very fun and easy. My desire to complete each envelope really encourage me to save more. I thought each dollar I wanted to spend took away from completing an envelope. 100 envelope might be daunting for the first challenge time. you can break it into 25 50 75 100. Funny😅 I just got to the 100 envelope part of the video👍
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Yes, but you’re absolutely right! I am way more careful spending money because I want to finish the challenge and all my other challenges!
Hey Heeeyyyyy! New Subbie Here, tuning in! 🤗
Heeeyy!! Welcome 🥰 thaks for the support ♥️
Are you dutch? I’m dutch married to an american. We live in the netherlands, ever since cashstuffing I do feel more relaxed and worry less about the finance.
I am Dutch! What made you choose to stay in the Netherlands over America? Cash stuffing is echt een uitkomst, he? Ik ben echt blij dat ik het geprobeerd heb!
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You can leavesome money in your account so you can pay your bills on line it's less work. I recently started leaving my light bill in the account not envelope. Less trips to the bank for me.
Yes, that is way easier!
@@hazelbluealroy1471 This is the only budhet that has worked for me. I've tried many bidhets thought out the years but, this one is life changing.
Do you live in the UK
I do not unfortunately, I live in the Netherlands