💰 How to save money by 'loud budgeting'
💰 How to save money by 'loud budgeting'
Loud budgeting is the new money saving trend of 2024. Will you try it?
Is 2024 the year for "loud budgeting"?
The latest money trend on social media is all about “loudly” declaring your intentions to not spend money.
“Sorry, can’t go out to dinner. I’ve got $7 a day to live on,” proclaimed TikTok comedian, Lukas Battle, who is credited for bringing the concept to the forefront.
He says loud budgeting is all about resisting by the societal pressures to spend. “It’s not “I don’t have enough,” he explains, “It’s I don’t want to spend.”
While some loud budgeters are turning down dinners to save for shoes, others are sharing their monthly budgets, incomes included, online.
Personal finance experts are praising loud budgeting calling it empowering. By openly discussing your financial boundaries, you can reduce stress and connect with others facing similar challenges.
Are you looking to become a loud budgeter?
One savings guru suggests unsubscribing from promo emails, turning off push notifications, and unfollowing brands on socials. Also creating hurdles to impulsive spending, like deleting stored payment details online.
Another expert advises waiting 48 hours to make a purchase, even if it’s on sale.
So what do you think? Will you give loud budgeting a try, or would you rather keep your finances to yourself?
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