Jasmine Taylor is no stranger to tackling tough budgets. In early 2021, she faced a mountain of debt: $60,000 from student loans and $9,000 from medical bills and credit cards. Determined to turn things around, she discovered “cash stuffing,” a budgeting technique where you split your expenses into different cash categories.
Embracing this method, Taylor paid off $23,000 in student loans and cleared her other debts in just a year. Her journey, shared on TikTok, quickly gained traction, leading her to start her own business, Baddies and Budgets, where she sells budgeting supplies and offers financial tips.
For anyone looking to reduce their food spending, Taylor suggests three key strategies:
- Embrace Coupons and Rewards
Taylor advises using apps that offer rewards or cash back on your purchases, like Fetch, Ibotta, Rakuten, and Shopkick. “Those small cash-back rewards really add up,” she notes.
Gone are the days of clipping physical coupons. Taylor recommends taking advantage of digital coupons and rewards programs offered by most stores.
[Click here to see the full list of grocery-saving tips from a budgeting expert.]
