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Top 5 TikTok Saving Hacks You Need to Know for 2023

With “how to save money in 2023” increasing in searches by 300% globally over the past month, this suggests that people are hoping to replenish their bank accounts and save as much money as they can this year as one of their new year resolutions.

With this in mind, the experts at can reveal the top five money-saving hacks on TikTok to help you save in 2023*.

Five life-changing money-saving hacks for 2023, according to TikTok

1. The ‘Cash Stuffing’ Method – 10.1m views
TikTok – @stephtalksmoney

With over 230 million views for the term #cashstuffing, simply purchase a cash wallet and label all the sleeves with your budgeting categories. This can range from bills, goals and holidays to luxuries you may want such as clothes and shoes. When you get paid or receive any type of money, split this between each category. It’s a simple and fun hack, making you feel ahead of the game and organised!


2. The Savings ‘Ladder’ – 3.5m views
TikTok – @jandralee

Instead of saving a certain amount and putting it away each month, @jandralee adds a twist: choose a reward for yourself, and multiply the price of it by 2, 3 or 4 (depending on how much you want to save). For example, if you want to purchase Apple Airpods (€160), multiply that amount by three, giving you €480, this way, you purchase the Airpods and have an impressive €320 saved. Climb the savings ladder by starting small and build it up over time!

3. The 100 Envelope Challenge – 2.7m views
TikTok – @amoochlife

The ‘100 Envelope Challenge’ can save you €5,050 in just 100 days, or can be stretched out over the entire year to maximise savings. Firstly, you’ll need 100 envelopes, each marked 1 to 100. Place all envelopes into a box, and each day – pick one out  and put money inside, based on the number written on it. For example, if the envelope is marked with 10, you place €10 in it. Stick with the challenge for the full 100 days and easily save up an impressive €5050!

4. The Penny Challenge – 98.8K views
TikTok – @Moneymum

This easy and simple challenge can save you just over €650 a year! All you need to do is save 1p per day, adding 1p for each day. So your first day will be 1p, second day will be 2p, third day 3p and so on. Easy!

5. The 50, 30 and 20 budget rule – 81.5K views
TikTok – @kaseyhgammons

A great and simple way to get your budget in order! All you need to do is split your budget into three distinct categories. 50% – this is for your needs such as rent/mortgage, bills and food. Next is the 30% category – this is for your ‘wants’ such as eating out, hobbies, entertainment and travel. Finally the 20% category is for your savings and investments. 

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