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The Independent UK
The Independent UK
National
Kimberly Palmer

Kimberly Palmer: What to consider before budgeting with the cash-stuffing method

Copyright 2018 The Associated Press. All rights reserved.

When Giovanna “Gigi” Gonzalez wanted to cut back on her food spending, the finance expert and money coach applied what is known as the “cash-stuffing” method of budgeting. She put the cash she allotted to food for the week into an envelope and limited her spending to that amount.

“I could see when I had just 20 bucks left for the week, so it was really helpful,” she says.

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