I just remember, like, wondering how I was going
to make it through the next month.
Like had a degree, no job, student loan debt
hanging over my head, credit card debt hanging
over my head. And January 1st came and I
was like, I will never be in this position
again. And that's when I started researching ways
to budget and I found cash budgeting.
I started budgeting at the beginning of the year
and started throwing it on social media to keep
myself accountable.
I started the business after my tiktoks went
viral. I was like, okay, well, people are actually
interested in this because finances come off
really boring to me and for some reason people
were engaging. Our internet will be
receiving $20.
My name is Jasmine Taylor. I'm 31 from
Amarillo, Texas, and my business brought in over
$800,000 last year.
You implement cash stuffing with it by
budgeting the money literally and physically
with the cash. So that means you start to budget
with whatever your paycheck number is and
you give every dollar a place down to zero.
The first product we sold was just a simple
budget binder so you could buy a binder, pick
your cover, add your name, and then choose six
categories. And then we moved on to adding in
different savings challenges. This one's
pretty cute with the piggies and the wallets,
and I also like fries before guys, we are out
of stock a lot and out of stock on our website
doesn't mean that we're out of stock in our
warehouse.
We stock enough items that we can pack and ship
out that same week.
People are literally waiting on the site at
midnight on Saturday night like waiting for
the restock. Last week, our $1,500 savings
challenge sold out in like six minutes.
I honestly didn't have any expectations.
I just went into it hoping that I would make
my money back. But I had no idea.
Even to this day, sometimes I wake up and
I'm like, What is happening? I believe that
my mindset changed in December of 2020.
I had just got through Christmas and my sister
died probably four years previous, so I've been
full time taking care of my niece that works with
me now. I was working at the freestanding
emergency room and then I lost that job actually
over the holidays.
When you finally get access to money, at least
in my circumstance, everything I wanted, I
wanted to buy it. I have bipolar disorder.
So at the beginning of my journey, I understood
that a lot of my impulse spending was tied to
that.
I started tracking my expenses and being really
diligent about budgeting and cash stuffing.
I was not only able to change my finances, but I
was able to change my mindset and my
relationship with money.
I have a bill checking account.
Right? So in that checking account, there's
already next month's bills.
So when you see me cash stuffing on camera,
that's for the next month.
So the first day of the month, I go and deposit
everything I've cashed up into the bill account.
And as the month goes on, everything is direct
deposited. The first time I had been able to
save $1,000, like I'd never been able to hold
on to $1,000.
It really empowered me more than anything else
was. Okay, well, you did that. What else can we
do?
It went crazy viral.
And I was like, well, I'll be back tomorrow
with another one.
I knew the stimulus check was coming and I
literally just went for it.
And so I went and bought me a cricut and I bought
the supplies for the cricut, the mats and
stuff like that. And I put the rest into
inventory, into purchasing my Shopify
plan for the next couple of months, some shipping
supplies and that's it.
It was pretty much gone.
So in February of 2022, I realized we needed
help. We were working like 18, 19 hour days
trying to get custom orders out, and we were
burnt out. And it got to the point where I
couldn't hardly restock the site because we
couldn't keep up with the orders.
Right now I have three contracted employees and
they do crafting, so they help me make
envelopes. They help make savings challenges
as well as one of the ladies comes here and she
helps me pack orders because we're now packing
700 - 800 orders a week and it is pretty tedious.
For example, our customers can pick the
cover that they want and then they customize the
envelopes inside to fit their needs.
So different people choose different titles.
You can pick the color, the font on the
envelopes. Monday through Friday I pretty
much come in admin, catch up on anything
that's happening that's crazy that I need to fix.
We go to the back pack orders, unbox inventory
and we do that until 8 or 9 and then I come up
here and if I'm going to do lives or whatever, I
do those if I need to film YouTube content,
I'll do that. Saturdays and Sundays we all come
in and we heavily pack orders.
A lot of the income that I was making.
I was very diligent about throwing it towards
debt. I invest some in my future and the form of
a 401K, pay my bills with it, give myself
spending money and put some towards savings
challenges. So the same stuff that I teach my
audience I still use in my daily life.
We don't have an issue bringing in customers.
Our issue is honestly that we can't fulfill
more orders.
We are shooting for $1 million at the end of
2023 and we are going to get it.
I'm believing that we're going to get there.
I've never had a problem betting on myself.
You've got to be willing to bet on yourself.
If you don't how can you expect anybody else to?