A TikToker paid off $17,000 in credit card debt by cash stuffing — here are 4 more ways to make your money go further

Cut monthly costs where you can

If you start using the cash-stuffing method, it might cause you to physically see where the sore points that are hurting your budget might be, and in turn, give you upfront insight on where to trim some of your monthly expenses. Even essential expenses, like insurance.

If you haven’t shopped for a better rate on your car insurance in more than six months, you’re probably overpaying.

BestMoney makes comparing multiple insurance companies easier than ever. Just answer some quick questions and you'll be able to choose from multiple providers to find the best option for you.

As with food and gas prices, home insurance premiums are on the rise. The average yearly price of a home insurance policy as of June 2024 is $1,678, according to the latest data from Forbes.

If you want to get the best deal possible on coverage for your home, you’ll need to compare prices from multiple home insurance companies. OfficialHomeInsurance makes it easy to find the best rate available.

Just answer a few quick questions and their online platform will show you available home insurance rates near you.

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Make every cent count

There are some things you just can’t — or shouldn't — buy with cash. Your paycheck needs to be deposited somewhere — and when you have to whip out your debit or credit card, you can still make it a savings opportunity.

With SoFi’s high-yield checking account, you can get 0.50% APY on your checking balances — that’s 7x the national checking rate.

By opting for their competitive checking account rate, with no balance minimum, you can enjoy improved savings while still keeping your money accessible if you need it before retirement.

Plus, when you set up direct deposit, you can earn a cash bonus of up to $300.

But what about investing? Acorns is an investing service and savings tool rolled into one.

When you make a purchase on your credit or debit card, Acorns automatically rounds up the price to the nearest dollar and places the excess into a smart investment portfolio.

Your spare change may not seem like much, but look at this math: $2.50 worth of daily round-ups add up to $900 per year — and that’s before your savings earn money in the market.

Sign up today and collect a $20 bonus just for getting started. Where your savings go from there is up to you.

Consolidate your debt

Another popular cash-stuffing Tiktoker, @monets_money, shared where her stuffed cash went in May, with $75 going toward eating out and $3,195 going toward savings and investments. Notably, none of her monthly spending went toward debt repayment, which is something many people need to account for when keeping their costs under control.

Depending on how much interest you pay on your credit cards, a debt consolidation loan could save you thousands of dollars.

Try Credible, a free online service that shows you the best lending options to pay off your credit card debt fast — and save a ton in interest.

Credible lets you compare lenders to find interest rates with just a few clicks. You can borrow up to $100,000 (with no collateral) with repayment schedules ranging from 24 to 84 months.

Checking rates on Credible won't hurt your credit score, it’s totally free, and it can save you some serious cash in the long run.