Introducing a new TikTok trend: Loud Budgeting. In a world of excessive consumerism, loud budgeting is making saving money trendy. TikTok creator Lukas Battle started the trend in late 2023 by declaring “quiet luxury” out for 2024 and “loud budgeting” in. He defined loud budgeting as “the opposite of quiet luxury” and claimed that it’s “more chic, more stylish, more of a flex” since “rich people hate spending money.”
Loud budgeting means openly using your budget as a reason to spend less in order to build actual wealth. So, how can this trend benefit you and your mental health? Financial therapists say that loud budgeting has a huge impact on our relationship with money and can help ease financial anxiety. By setting boundaries around spending and being open about them, loud budgeting supports your financial standing.
This kind of intentional spending allows you to prioritize your goals and align your spending with your income. By vocalizing your spending limitations, you can fine-tune your budget and hold yourself accountable. On top of that, it can help normalize the fact that we all have different wants, needs, and financial situations—pushing back against the taboo that money is not something to talk about.
Loud budgeting also helps your mental health by empowering you to make financial decisions based on your best interest, rather than trying to keep up with others. This way, you have more control over your own finances, which can reduce stress and remove financial anxiety. Through open conversations about money and receiving social support, the unnecessary stigma and secrecy around finances are removed, providing relief from financial stress and anxiety.
So how can you put loud budgeting into practice? Be specific and vulnerable in your explanations, offer up alternative plans that fit your budget, and stick to your truth no matter how many times you have to say it. With practice, you can confidently set your financial boundaries and prioritize your own financial well-being.
