You can save a lot of money with this age-old trick
The piggy bank should have had its day for many people by now. But an age-old money-saving trick is now circulating on social media. We explain to you what the so-called cash stuffing is all about.
Just hold your smartphone to the card reader in the supermarket or pay with your smartwatch when you buy a coffee. These scenarios are commonplace in many places today.
Although Mobile Payment in a Statista survey in 2022 with 17 percent only fourth place. But mobile payment is particularly popular with younger people.
It’s easy to lose track of the money in the account – similar to card payments, which, thanks to contactless payment, only have to be held briefly to the card reader almost everywhere these days.
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What is cash stuffing?
Influencers have developed into the problem solvers of our time. So it is no wonder that there are also many suggestions for this on social networks.
One of these tips is called cash stuffing. Influencers sort their monthly budget cash into various envelopes. This should make it easier to keep track of the cash reserves.
The envelope method is very reminiscent of savings methods that have probably become obsolete for many people. But instead of a money box or the good old money stocking, envelopes are used here.
Influencers earn money with savings tips
As so often in the world of social networks, you should keep your eyes open here. Because many influencers have made saving money their business model.
You can buy any accessories from them so that you can then deposit your money in beautifully designed budget planners or labeled zip bags.
Cash Stuffin: These alternatives can save you money
But of course you don’t have to invest in expensive accessories to keep your money together. The household book is also a classic alternative to cash stuffing. You can also keep a close eye on your expenses and plan in advance.
If you prefer to do the planning on the go, there are now a number of apps that offer this service. So you always have your virtual household book with you and can note every expense immediately.
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