Money
No FOMO here.
When you hang out with your friends, you likely expect to spend some money.
Its why socializing and budgeting rarely go hand in hand.
When youretrying to save money, it can be tough to figure out how to strike a balance.
Its about I dont want to spend.
Its essentially a mindset shift that helps you stand up to friends and say no to social pressures.
Heres what to know about the loud budgeting trend, and how to give it a try.
According to Rittershaus, the extra dose of honesty is what helps you stick to your boundaries.
But to truly loud budget you often have to get a little cheeky, just like @lukasbattle.
Instead of being wishy-washy, youre supposed to get sassy and tell it like it is.
The hardcore honesty will also make your friends less likely topressure you into spendingbeyond your means or goals.
If you usually say, Sorry, I cant afford that or Oh…
I dont know… the loud-budgeting version of you will say, Absolutely not.
I need to set aside $4,000 by November to pay for a new car.
Details and a little drama are tougher to argue with than simply saying no.
Who Should Try Loud Budgeting?
Its one of the best ways tosave money quicklysince youll be boldly protecting your paycheck.
Source:
Ashley Rittershaus, CFP professional, founder ofCurious Crow Financial Planning
