state Florida: Latest News

All news where state Florida is mentioned

Texas woman pays off $70K in debt in just two years by 'cash stuffing' - fox29.com - Usa - state Florida - state Texas - county Taylor
fox29.com
45%
674
Texas woman pays off $70K in debt in just two years by 'cash stuffing'
Jasmine Taylor of Texas joined "Fox and Friends" to discuss how she paid off $70K in debt in just two years using a "cash-stuffing" method. (Fox News / Fox News) The challenge of paying off thousands of dollars of debt can be daunting for many Americans. One Texas woman paid off $70,000 in debt in just two years by using a unique method of saving and spending. Jasmine Taylor of Amarillo became debt-free by "cash stuffing." The term refers to the placing of cash into labeled envelopes and ditching credit and debit cards.FLORIDA COUPLE PAID OFF $190K IN STUDENT LOAN DEBT IN 27 MONTHS: ‘GET A BUDGET’Taylor joined "Fox & Friends" on Wednesday morning to discuss how she accomplished her goal — and why cash stuffing worked for her. "I was honestly willing to try anything to start digging myself out of the hole," she said. After doing a YouTube search on various ways to get out of debt, Taylor settled on cash stuffing — using cash only, and separating it into specific categories based on need. Taylor has various envelopes for critical items such as groceries, shopping and gas, she also said.FLORIDA-BASED MOM PAYS OFF $40K IN STUDENT LOAN DEBT AFTER LIVING ‘PAYCHECK TO PAYCHECK'Cash envelopes for special saving needs like Christmas presents, birthday presents and car maintenance expenses are also important to have, she said."When they come up, you typically have to dig into your savings … So you save in the short term for those big expenses," she added.In the "cash-stuffing" concept, people put cash into specially earmarked envelopes — which helps them with budgeting and planning.
DMCA