Faced with inflation at +4.8% in April 2022, the explosion in fuel and food prices, purchasing power has become a major concern of the French. Mother of two, Angélique Daly is back to the good old way of money envelopes. Its principle: pay everything in cash “because you don’t spend like on a bank card or in a relationship. Every time we have a banknote in our hands instinctively, we will think before we spend it ”.
And it works! Moreover, thanks to his advice on social networks, his community has over 27,000 subscribers on his YouTube channel and 210,000 on Tik Tok. So Rouennaise created the company l’Univers d’Ange Line and after a report on the Capital program on M 6, the counters panicked.
“Despite the good salary, we didn’t put the money aside”
During the confinements it all started. So in Ile-de-France, Angélique left Île-de-France with her husband and children to live in Rouen: “I need to switch regions, a quieter life for my children”. Former director at Éric Kayser in Paris, who manages bakeries, at the age of 36, he had to pay attention to his budget, while waiting to retrain: “Despite the good salary, we didn’t save money. I didn’t understand why. So, I developed my method. For me, it worked so well that I wanted to share it on social media. This was not done in France, as talking and showing money was still forbidden. And, it was such a craze that after 18 months, I was able to open my company, the Universe of Ange Line ”.
In front of him, it is mainly women, pensioners or students who consult him, the very expensive life, the very low wages and the very high rents, the inflated prices of fuel and food or “everything just because to spenders. There are all the scenarios. From people who have overdrawed a few hundred euros and can’t afford to live, to those with good salaries, but want to save money without succeeding and sometimes having problems with their banks. This is the main topic in a home. That causes misunderstandings and separation, “the businessman explained.
For Angélique, there is no miracle, “just apply in a way that shouldn’t be frustrating and also not private. We all have a budget and we need to fit into it and do it. So yes, we all have subscriptions for the Internet, streaming or boxes, but we need to consider them. The first point I will make is that your bank is not there to help you. There are a few more clients referring me today. So, first, you need to make your budget. You need to go through the account statements. Make a list of mandatory expenses, point out those that can be renegotiated or even deleted. There, I can tell you that they are many. I now apply this work once a year. It is effective and it saves me a few hundred euros a year ”.
Always an envelope for emergency expenses
Manage your budget … and spend accordingly. Once the available sum in cold hard cash has been withdrawn, Angélique makes envelopes, according to categories: food, fuel, recreation and entertainment for children, expenses for animals as needed and “always a envelope for expenses and emergency savings.I estimate needs and if I don’t spend everything in one envelope, the balance may slip into another or become savings.This is a technique that, if it is reviewed daily- days in an account book, allows you to spend differently without depriving yourself, to go ahead and save money ”.
One way, a discipline that he ended up making money by doing his company. Its founder, who is a perfectionist, loves beautiful envelopes. So he made a plasticized range (packages of ten zip envelopes for 30 euros for example) with binders and notebook templates: “These are made-to-order products that I make by hand. I now ship some to France, but also to Europe, Africa and as far as Canada. After the Capital, it exploded. I made in a week the number of six months. Moreover, I continue to ensure my broadcasts and respond to requests and questions. I get a lot of feedback from people who are no longer in the red or so are weekends or vacations. Personally, this method allowed me to budget three months for groceries and initial rent. You just have to find a balance, ”Angélique Daly advises.