[Diana in Wisconsin]

Surprised to see an article like this. I've gone to CASH for as much of my budget as I can. Done with Mother Government having ANY idea what I'm up to. ;)

[cgbg]

I guess Excel spreadsheets for budgeting are too complicated for these folks to handle...

Lol.

[Tell It Right]

In our card-swipe society, I usually encourage multiple checking accounts for various spending. To keep it simple, use 2 checking accounts: one for paying bills and advancing goals (i.e. paying down debts or investing for retirement) and one for random spending.

When the random spending checking account is out of money, the random spending stops. Have the bills checking account automatically deposit a set amount weekly to the random spending account. In your budget, this looks like a weekly "bill" that you do the math in your budget for. Thus, every time you spend randomly you don't have to stop and recalculate your budget (frees you to spend as wanted), but at the same time limits your spending to stay in budget (when the random spending account is empty that's it until the next weekly transfer).

[Bob434]

Why buy anything? Ca.ifornians are allowed to steal under $1000 (every day? I dunno) so budget using the $1000 mark as the limit per day. (Can’t imagine spending $1000 on food everyday lol, but wow could I eat well if I did lol)

[blueunicorn6]

Send me $10,000, and I will teach you how Con Operators work.

[Fido969]

Banks hate this.

[plain talk]

Sad to see people doing desperate things like this. However with inflation so bad people should enact whatever budget system works for them.

[goodnesswins]

Sooo...let’s teach the government THIS!.../S

[Vermont Lt]

My parents did this in the 1950’s. My MIL law did it until she died.

So…this is “depression budgeting 101.”

[Badboo]

Goodbudget.com is a digital way to do it. As long as you have the diligence to enter each instance of spending that you want to track it is effective.

[Responsibility2nd]

Popularized through TikTok videos, cash stuffing has brought back the old-fashioned envelope system of budgeting: You divide up your cash into different envelopes, each dedicated to a category of spending or saving. “It’s a tried and true method,” says Gonzalez, who also founded The First Gen Mentor, a money course where she promotes financial literacy.

 

What a pantload. Dave Ramsey has been preaching this concept for decades.

[discostu]

My grandmother was very fond of the envelope method. Kind of a pain when she died, trying to find all the envelopes. But it definitely worked for her.

[sauropod]

You’re singing my tune.