IT CAN be easy to find your spending getting out of on control when it comes to the festive season.
But one mum has shared how she budgets for Christmas by putting cash aside for it each week of the year as part of a clever “stuffing” hack.
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In a video shared to TikTok, the thrifty woman – called Sacha Renee – explained how she divides up the money that is left from her partner’s income after the bills have been paid online.
The clip sees her “stuff” notes into pouches representing a variety of spending categories.
These can be used for everything, from toiletries to eating out, as well as Christmas and birthdays.
It is hoped that by increasing the number of pouches each year, the family can build up funds to use when it is needed.
Christmas will get its usual $50 – and while I know that may not be important to some people, it is important to us
Sacha Renee
For example, while Sacha adds $10 – approximately £7.20 – a week to their ‘toiletries’ pouch, it may be that she doesn’t need to use the accumulating money for a while.
This trick helps her save for important annual events like the holiday season.
She said: “Christmas will get its usual $50 – and while I know that may not be important to some people, it is important to us.”
The savvy mum demonstrated the easy hack using a ‘budgeting binder’ – with each pouch labelled with its respective category – but can also perform the method using ordinary envelopes.
This is so freaking helpful…randomly came across your page and SO glad I did
TikTok user
Her video, which has been watched more than 114,000 times, was popular with social media viewers who left over 7,400 ‘likes’.
One person wrote: “We started doing this and the amount of stress that is lifted is amazing.”
Another commented: “This is so freaking helpful…randomly came across your page and SO glad I did.”
A third shared: “I love watching this so much I’m going to start doing it too.”
And a fourth added: “You’ve motivated me to do this. Wish me luck!”
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In other real life news, we told about a thrifty couple who spent £4,000 transforming their son’s old school bus into a holiday home.
We also revealed how a 25-year-old woman s already worth £250,000 after slashing her bills by half.
And a woman saved £129k in just 17 months after getting into debt.