Woman Turns Budgeting Technique into £630,000 a Year Business
Jasmine Taylor, a 31-year-old woman from Texas, found herself drowning in debt with £54,000 due to university fees and medical bills. Determined to turn her financial situation around, she delved into extreme budgeting using the cash stuffing method.
Cash stuffing involves organizing different folders with labels such as “bills,” “rent,” and “groceries,” and filling them with the allocated cash for each expense. This visual representation helped Jasmine stay on track and avoid overspending.
Documenting her cash-stuffing journey on TikTok, Jasmine’s videos went viral, leading her to start her own business called Baddies and Budgets. She began selling budget binders with personalized designs and labeled pockets for different expenses.
Her innovative approach to budgeting caught the attention of many, with her spending challenges selling out in minutes. Jasmine’s business now brings in an impressive £630,000 a year, with a growing demand for her products.
Despite her success, Jasmine continues to budget carefully and advises aspiring entrepreneurs to bet on themselves. Her story serves as an inspiration for anyone looking to take control of their finances and turn their passion into a profitable business.