If you spend much time on TikTok or other social media platforms browsing ideas to manage your money, you’ve probably seen the cash stuffing budgeting method trending in popular posts.

The envelope budgeting system is designed to make it easier to track cash spending each month. Learn how it works.

At the same time, envelopes, or recently withdrawn cash, can be lost or stolen. Starting the process can be time-consuming. “The envelope system can help new budgeters and impulsive spenders ...