Community & Current Events
Loud budgeting is the Internet's answer to quiet luxury
Photography, Nick Morrison, Unsplash.com
Community & Current Events
Loud budgeting is the Internet's answer to quiet luxury
Loud budgeting is the trend that can help you reach your financial goals.
You're probably familiar with the term quiet luxury, a lifestyle characterized by understated elegance. Popularized in 2023, its appeal lies in the perception of exclusivity and discerning taste, foregoing overt displays of wealth in favour of niche and subtle ways to signal your status.
While the aesthetic itself is fun and exudes a minimalist charm, most of us don't come from generational wealth and don't have the means to cosplay as heirs (Anna Delvey-core, if we may). Thus, the growing frustration with this staged lack of transparency has led the Internet to come up with an answer: loud budgeting.
The exact opposite of quiet luxury, loud budgeting is a money-saving technique. It involves declining social opportunities if they have the potential to put a strain on your finances, such as going out for dinner with a friend, and not shying away from using the truth as a valid reason.
@lukasbattle Replying to @operelly ♬ original sound - Lukas Battle
"Loud budgeting is about the everyday person," says TikTok user Lukas Battle. The idea is to empower people to feel more comfortable speaking up and prioritizing their financial goals. The trend also echoes the average person's growing concern about rising prices and de-stigmatizes the economic struggles we're all facing.
So, next time someone invites you to that expensive restaurant for a catch-up dinner, don't be afraid to decline and offer a less expensive alternative. Your future self will thank you!
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