All right guys. Cash stuffing. It’s all over TikTok. And honestly, we do like it a little bit. But we get the concept of it. Yeah. Like we like the concept, we like the intentionality, but like we don’t want you to have to feel like you have to carry like all of this cash around with you all the time.

But we understand like the reason behind it. Yeah. And so what we wanna talk about today is taking the idea and the intention. Of cash shing, and then give you a different way to do the same thing and get the same control, but without the hassle of actually having to go get the cash. Okay. So why does it work, right?

Like why does cash Shing work? People they are gravitating towards it because it’s tangible cash that they are having in their hand, and then they’re stuffing it in an envelope. And they, then they can see the result of it, right? Yeah. And you, and I think that seeing like you, we say being visual, I think you, you can’t mess it up.

Really, you get the cash out and I do think like seeing the cash add up as you’re saving for something fun or whatever, like that’s fun and it helps you really feel like you’re doing it. Not, it’s not. ’cause part of the problem is like there’s this money in the bank accounts, but I never see it like.

So this actually puts it into physical practice for you. And I can see why that’s that is a benefit or something that draws people to it. Yeah, absolutely. And some people say that it can limit overspending, however, I don’t understand that because I think you can as easily grab from an envelope as you can transfer in a bank account.

So I’m not really understanding that part of it. But I do get the fact that you can see the envelope physically grow with cash. And also we will be honest. The cute little binders and oh, they’re adorable. Like we get that. And this is a really, we do this with our kids. It’s a fun way to teach the kids for sure.

To save up for some different things that they wanna do. But the thing is, we’ve learned y’all don’t wanna do it. So the idea of cash shoving is fun. Maybe when you’re, I think it’s a younger Sure. I think a younger thing. ’cause you maybe you have time and you have time to go to the ATM or you have time to.

Go to the bank and design little binders. And maybe we would’ve been able to do that when our kids were younger. Hey, it’s not happening today. I just told you I went, I only had five minutes to get gas. Yeah. And it didn’t happen. And I was like, wait, I didn’t budget for two gas stops.

We don’t have time. Yeah. Even, I would say since Covid, the amount of venues and places that you go to now that don’t accept cash even. Yeah. That’s really frustrating. It is very frustrating. Airports and all of that, so it’s like we’re having to transition into a different way, which is fine.

We like to think of it as an upgrade. Cash stuffing is what we wanna teach you. The upgrade is. Digital stuffing or whatever. So we want to teach you how to do the same thing with your bank account.

So you’re gonna think of your bank accounts like the binder or the envelopes or whatever, that you’re stuffing cash and you’re gonna stuff your money into the bank accounts. In the same with the same idea, and you can make them super cute. Yep. With the name that you give it. We found with our bank, they wouldn’t allow us to add emojis, but we we added an exclamation point.

So we thought that was really important. It’s something we needed it to be something and yeah, they didn’t let emojis, but yeah, we love to rename them. You can set up different, you can put ’em in different order. You can hide your account. So there’s a lot of stuff you can do on there that kind of.

Gives you some of the visual appeal. The other thing that happens is when, so you have what we want is instead of having a binder that says. Hawaii, you’re gonna have an account that says Hawaii. And then maybe it has parentheses says, I’m going surfing, or whatever you need to do. I, we don’t know.

We’re excited about whatever motivates you. But you’re gonna have bank accounts that mirror the same envelopes or the same binders that you would have for cash stuffing. And the exciting part is you’re going to be able to fund those, and you’re still gonna be able to see the number grow, which is similar to when you see the cash, like it gets fatter or whatever.

You see the cash there. When you look at, you open your bank app, which we all do, several times frequently. Yeah. Yeah. You’re like, Ooh, Hawaii is now at 700. And then the next payday, Ooh, Hawaii is now at 1000. And you’re just getting really excited. You can still have the visual like reward of seeing it grow. One of my accounts at my high old savings bank says Future house in Portugal. So like it’s very clear what that money is for. And then, as I am putting money in there, it’s growing. And if you heard me say my high yield. Savings account. Ooh. So this is, I think, the huge benefit that is not being talked about because yes, cash stuffing is great.

We get it, but you are not getting any interest on the money that you’re putting in those envelopes because it’s cash it’s not digital. If you. Take this concept of doing it digitally, this digital stuffing. We’re gonna, we’re gonna trademark that. I’m just kidding. But, and you put ’em in a high yield savings account or a money market, you are now getting three, four, 5% interest back on that money.

So not only are you funding it every month, now it’s making you money. Before you even get to that trip in a couple years. I think part of the cash stuffing too is for groceries and different things like spending and you can still have spending accounts with those things.

We want you to have your gas and groceries account. We want you to have personal money. We want you to have restaurants and probably a account for kits. Those are, the basic. Separate checking accounts. So just like you have a separate binder or pouch or envelope or whatever they call ’em you can have separate accounts for those and you can put, you can stuff the money in those accounts.

And then you still, it’s like Vanessa was saying, it’s still gonna be able to hold you accountable. You’re gonna see the number that’s in there. That’s what you can spend, and you can still do it for spending money too. Which is important because I think. When you’re saying, when we’re going to volleyball this weekend and we’re gonna try to pay cash and ha, probably the one you go to is gonna say, we only take digital.

And so whereas we would’ve been for the cash thing, it’s just not, it’s not convenient. So what are you gonna do with your big old envelope of cash when they say, we all scan your QR code? Unfortunately, that’s just a reality. You’re gonna have to go to the ATM, deposit it in there, and then you can use your debit card.

It’s just an extra step that I don’t have time for. And you probably don’t either. And so what we, the long and short of it is what we would’ve told you is for this volleyball tournament. We’re just very focused, you guys. Someday we won’t be in volleyball and you won’t have to hear about it.

This is our mom volleyball era. Okay? So just bear with us. But you’re gonna have an account that has money set aside. For all things volleyball, and then you can transfer it whenever a weekend’s coming up or a purchase is coming up, and you’ll have that available and you’ll know exactly where it came from.

You’ll know exactly how you’re affording it. And you had stuffed it away digitally just like you would’ve with cash. Yeah. But now it’s more convenient. So to be very clear, we are talking about two different types of stuffing here. We’re talking about savings, stuffing, and stuffing for your. Checking accounts, which is your everyday things like Shana was talking about, your gas groceries, your personal pocket money, and your kids.

So like Shana was talking about for this volleyball tournament, you may have a savings account that says volleyball, that you’ve been putting money in all year. Because, if you have a child in travel sports, you’re probably gonna be spending around $10,000 per travel sport per kid. Just saying, just gonna throw that out there.

But as you need that money, so if you said, okay, I’m saying that this weekend is gonna cost a cost us a thousand dollars. I am gonna transfer $8,000 from that volleyball high yield savings account into my spending account. And that is what we have to spend this weekend on this trip.

Okay. Yeah. And one more advantage I think of when I think about this is cash stuffing. We obviously said a lot of people don’t wanna have to go to the a tm. You don’t wanna have to go with your little register and say, I need 20, 20, 10 tens, whatever. You don’t like going to the bank and then coming home and having to put it in the envelopes and.

That’s like when I first started as a mom, I scrapbook and now I’m like, let me get that digital service girl to get my scrapbook right. So now I’m like, I don’t have time for that. And you might be feeling the same way I. The digital way of doing this takes away a lot of time. ’cause not only do we not have to go to the bank, we can set all of this up automatically.

So you have your budget that says, Hey, I need 500 bucks to spend every month on in my spending account. Or I’m putting $300 for volleyball in the savings bucket every, and you can make that go automatically. Into those accounts, you don’t actually have to do anything. So not only do you not have to go to the ATM or bank, you don’t even have to push a button.

Like it’s just gonna happen automatically for you. Yeah. Okay. So how are we doing all this? We’re using your bank app and we’re using the transfer screen. We’re setting all of this up automatically, just like. When you make a budget and if you’re doing the cash stuffing system, you would set an amount of money that you need to pull out in cash and then, put it into the different envelopes.

We’re taking that digital, so we’re saying, okay, I need this amount of money to be transferred into these places. You’re going to do that using your bank app and using the transfer screen. The upgrade is the automatic reoccurring transfers, so that way it’s done for you and you don’t have to think about it anymore.

Yeah. Especially when you already know hey. I know every single week I’m transferring $300 to groceries, 300 to gas or whatever. If you already know that number, then just set it up automatically. And so we are, we’re all about being bougie on a budget and we love this concept because it’s like how I didn’t love CrossFit ’cause a lot of people got hurt, but I love the idea that.

That people wanted. We’re being more fit anyway. Like the overall goal is great. So we love it for the fact that you’re being intentional. People are trying to stick to a budget, they’re trying to make their money be responsible with their money. We just know we’re in a different, we’re in a bougie era.

Okay? So if we’re in a bougie era, we might be just not wanting to use cash, not wanting, have to go through all of those junk, through all those hoops. And this is the upgrade. This is the level up. To the exact same structure, the exact same concept, the exact same accountability and intentionality.

It’s just the next level, right? Absolutely. So our budget system, if you guys have seen our simplified budget system, if you’ve heard about it, if you haven’t, go to budget besties.com/budget and check it out. But it keeps the same idea of cash stuffing. Without needing the actual physical cash.

Yeah. We would love for you to give it a try. If you have any questions, hello@budgetessays.com, we’d love to help you and we will talk to you next time.