In the age of digital dollars, there’s value to budgeting with cash
Emma Nelson | Star Tribune (TNS)
Emily Franks and her husband were making enough money to get by but were still living paycheck to paycheck and struggling with debt.
After learning their church was hosting a financial literacy class, they decided to take action. Through several weeks, they learned to craft a budget and make it stick, using cash-filled envelopes as a budgeting system to plan and control expenses.
Fast-forward seven years, and Franks has built a career around “cash stuffing” as founder of the Aesthetic Dollar, a Twin Cities-based online store selling minimalist budgeting tools including envelopes, wallets and planners. Franks also posts regular YouTube videos — initially an accountability tool for her own budgeting efforts — with business updates, budgeting tips and calming overhead shots of her organizing piles of cash.
Similar videos have flooded the internet as cash stuffing — a familiar idea repackaged for the social media age — has gained traction with a new generation, even as digital currency has become the norm.