"The Rise of Loud Budgeting: Understanding the TikTok Financial Trend"

1 min read
Source: CNBC
"The Rise of Loud Budgeting: Understanding the TikTok Financial Trend"
Photo: CNBC
TL;DR Summary

"Loud budgeting" is a new financial trend on TikTok that encourages consumers to be vocal about making money-conscious decisions, rather than succumbing to pressure to spend. Financial experts support this approach, as it empowers individuals to take control of their finances and reduce anxiety by openly discussing financial constraints. The trend aims to combat impulse purchases driven by social media influence and encourages individuals to prioritize spending on what truly matters to them. Tips for embracing loud budgeting include unsubscribing from retail emails, deleting payment details stored online, and implementing a 48-hour rule before making purchases.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

3 min

vs 4 min read

Condensed

85%

64896 words

Want the full story? Read the original article

Read on CNBC