Are you a cash stuffer or a doom spender? The new lingo helping people save money
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Move over ‘thrifty’ and ‘flashy’. A fresh wave of buzzwords are shifting people’s financial habits – meet five of them
By Laura Whateley
Cash stuffing
Every Thursday night Jen Bowen, 39, a business analyst from Swindon, puts a Post-it on the fridge telling her husband how much to withdraw from the ATM or, if she needs a specific denomination note, the post office on his way to the gym. Friday is cash-stuffing day, where she opens her binders and meticulously divides up her weekly budget, made up of notes and coins, into labelled wallets.
Bowen is part of a growing community of people who are turning their backs on cards, Apple Pay and online shopping to spend only with physical money that has been allocated or ‘stuffed’ into individual envelopes or plastic folders. The inconvenience of paying with cash is the point.
‘It is too easy to use contactless on your card and have absolutely no idea what you’re spending,’ she says. ‘We used to pop to the shop every day and think, ‘Oh it’s ...
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