Trying to be better with your money in 2024? You might want to overshare how your finances are doing with your friends and family according to a new trend!
It’s called “loud budgeting” and has originated from Gen Z and TikTok as it’s essentially being very open about your financial situation so that you stick to your planned budgets.
You can see in the video below how it actually works, but essentially you should start telling people why you can’t do things financially instead of trying to hide the fact that you are broke. This also helps you value the healthy management of money, which in the long run will benefit you no matter when you start to do it.
It’s pretty much the opposite of “quiet luxury” which went viral last year as instead of quietly spending money on fancy things for your home that nobody will see, you instead are telling everyone you are saving towards a goal!
(nypost)
