Cash Stuffing: What It Is & How It Works

Cash Stuffing: What It Is & How It Works

Cash stuffing is a budget strategy that requires you to put cash into separate envelopes that each represent a specific spending category. Once an envelope is empty, you cannot spend any more money in that particular category until the end of the period you’re budgeting for. This strategy is also known as the envelope method, and it can help curb overspending since you can easily see when you don’t have any money left for an expense. Key Things …