Maximizing My Cash: Saving For Goals And Splurges!

Come along with me as I stuff all of my July envelopes, from my variable cash envelope to my different savings goals.

CHAPTERS
00:00 Intro
01:48 Stuffing My Cash Envelopes
03:10 Stuffing My 100 Envelope Challenge
06:55 Stuffing My Cash Sinking Funds
11:36 How I Determine Where To Save My Money (Cash vs. Savings Accounts)
13:20: Conclusion

ABOUT ME

Kumiko Love empowers women everywhere to regain control of their financial lives. An Accredited Financial Counselor with over nine years of experience in the finance industry, she founded The Budget Mom, a community of millions of women on a path to financial fulfillment.

She's also the creator of the wildly popular Live Rich Planner® and Budget by Paycheck® Workbook. Love has been featured on Good Morning America, the Today show, CNN, CBS, ABC and in USA Today, US News, World Report, Huffington Post, Money Magazine, Parents Magazine, the Washington Post, and Real Simple. She lives in Spokane Valley, Washington.

YOU CAN FIND ME AT:

GET STARTED

[pollydolly]

I will never get tired of watching you stuff envelopes and track your spending! This system works! Trust it!

[julieb]

Who doesn’t love the bank of laundry?😊 I found two $5 bills once it was as if I hit the lottery 😂😂

[ClayneBanks]

I will never get tired of watching your stuffs.
It works for me !!!

[rosamondhazell]

I was so happy to see you and miss your YouTube videos. Your clarity is so welcomed. I started stuffing envelopes since I saw your first video Oct 2020. For this year I have already stuffed my Christmas envelope and has put it in a high yield savings account. Thank you for opening my eyes to this type of savings, actual cash gives me power over my funds. ❤️

[elleholisticliving]

MY OCD tendencies would want to turn all the bills the same way! LOL!! Thanks to you, I am now using the stuffing method, and I love it!

[judifowler]

It's so wonderful having you back making videos! I missed you so much. You are so inspiring. ❤

[Boringcountrylife]

Love the Budget Bird! Thanks for sharing your fun.

[irishgirl]

Getting a friend to do the envelope method. Told her how I am saving for a trip by doing this.

[libbysworld]

Budget Birdies! Love it. Btw, I have MISSED these so much!

[naseebah]

I love this, you are such an inspiration, I want to start my own budgeting channel, however I might feel embarrassed and stressed out because I will be doing too much with going to school, and a part time job ❤

[michellemorales]

Homesteading and now stuffing with the Budget Bird. Haha 😂

[AshantiCaltini]

Hi. I don't know if you will see this Miko... Will you make a video ( maybe a short) about using IULs? Thank you

[bubenspitzle]

I thought I was seeing things wrong when I saw the euros in your wallet 😅 and I wanted to ask if you sell your 100 envelope sheet separately as a printable? I made some myself, but I'm not so happy with my sheet. Greetings from Germany 👋🏻

[kikiob]

I don’t think you’ve done a paycheck budget setup in years. Can you please do a video showing how to setup a budget?

[ebonecolbert]

I just bought the trackers/envelopes. What type of paper should I use to create the envelopes?

[BudgetWithBey]

Can someone let me know if it’s true that she’s coming out with another budget book in October?

[tarahodge]

Do you have the cover page and tracker for your savings goals binder on your site? I've looked but can't find it.

[sonjabuckley]

How do you track the extra money you put in your 100 envelope challenge left over from your food fund? Do you track it as a food expense and then a deposit to your 100 challenge?

[mrsbs]

YAY!! I love cash stuffing. I find it interesting you faced your bills backward in the cash tray. Is that your preference??🤷‍♀ On a personal note I can't have $50 bills (they're bad luck) 🥺& ALL of my money has to face the same way. 😜 I know some people don't care about their cash facing the same way 🤣, but I'm glad to see your video pop up in my notifications!! 😁

[BB-tnyp]

I have been doing month end balancing for several years now. However, my schedule is such that I don’t have time to balance on the last day of month. Is it acceptable to balance (zero out) on the last SUNDAY of each month (although it will be different date each month) instead of last day of month? Will this make difference? FYI my income is last Thursday of every month. Or do I need to wait until first Sunday of next month to balance & zero out?