According to MSNBC, a lady who missed her full-time work due to the epidemic started a “cash stuffing” company with her $1,200 stimulus check. The company is reportedly on target to make $1 million this year.
Taylor, 31, revealed to the news source that she had to depend exclusively on side jobs to make ends meet, including delivering medicines for clinics and meals for DoorDash.
Taylor checked into “cash stuffing,” a managing money technique while trying to handle roughly $60,000 in student loan debt and an additional $9,000 in credit card and medical debt.
Taylor claimed that she kept track of her finances by stuffing bills into envelopes and posting updates on TikTok. Just like her posts made headlines, Taylor’s life was ultimately changed.
Taylor was capable of paying off $23,000 in school loan debt as well as her debts for credit cards, medical bills, and other unsecured loans during her initial year of cash stuffing.
After gaining over 600,000 followers on TikTok, she transformed her money approach into a company called Baddies and Budgets where she provides financial education classes, budgeting tools, and other items.
The company earned roughly $850,000 last year, and MSNBC reports that it will reach $1 million in the year.
