Mastering Loud Budgeting in 2024: A 'Get-it-Done' Guide to Maximizing Your Financial Goals

What is loud budgeting? 

Loud budgeting is being unapologetically forthcoming about your financial goals for the year. This TikTok trend is exactly what it sounds like. 

Loud budgeting very much means openly exclaiming “I’m on a budget- so don’t ask me for S**t!”. 

A Great Example of Loud Budgeting

We’ve all got that friend or co-worker. The one that always want to go out to eat, has no (seemingly) real conviction on how much they spend. And no real guilt about asking you to spend with them. Well loud budgeting is finally your way out of the money pit. You get that invite and loud budgeting gives you permission to say; 

“Hey, as nice as this $100 tab is about to be, I have groceries at the house and a cheap bottle of wine to go with it so I’ll pass.”

Who Started Loud Budgeting?

Does it matter? Nope– in reality it (like many financial trends these days) has been around for quite some time. It is called saying no and being honest. 

But due to the powerful effects of influencer marketing and social media expectations–saying no came with some consequences. FOMO would set in and it would usually set off this bandwagon effect of buy now pay later, where the credit card charges would rack up with no solid budgeting plan in place to pay them off. 

Here's How You Can Maximize The ‘Loud Budgeting Trend’

I’m still cringing from the idea of my generation justifying ridiculous purchases using ‘girl math’ so I’m all too happy to lend a hand to support this ‘loud budgeting’ craze. Hopefully it sticks around. 

Step one: Build That Budget

If you’re truly lost in this subject then ‘Budgeting for Beginner’s’ is a great starting point. 

But on a high level, budgeting is like building a financial plan for your money. When was the last time you went somewhere new with no Apple Maps? Don't lie– NEVER!

So think of your budget as your map. It tells you where you’re at and helps you get where you’re going.

Need some help getting started? Then download our Free 2024 Budget Binder. It has everything to get you started. 

Step two: Tell Someone or Everyone

Social media can be terrible for a ton of reasons but it's great for mass accountability. You likely found out about 'Loud budgeting' off of TikTok anyways so you may as well start there.

What I mean by telling someone is it's way easier to quit something if no one knew you were doing it anyways, right? My friends and I started doing this recently and I love the added push it gives me.

This year we sat down and did our new year's resolutions together. It was a fun time but now next time I see them we all feel a bit more accountable for delivering a progress report on how we’re doing on our goals. 

Step three: Be unapologetic

You can't halfass goals, progress and self discipline. You either do it or you’re wasting your time. But it's harder to hold your ground against outside influences.

Especially if we’re talking about family and friends.So the final step is to go in unapologetic. Set your boundaries, set your goals and double down. You will quickly see who's in your corner and who isn't. 

I can very clearly remember how some of my closest friends and family started to change as success started to come my way. They poked ”fun” at me for working two jobs to get through college. As uneducated people themselves the excuses that they made for themselves were thrown at me left and right.

“Why don't you take some time off”, “you work too much”. 

Then when the degree got here and the money came with it they looked at me like it was sheer luck. Same with my aggressive debt payoff. I rented a room from a relative up until I was 24 (two years post graduation) so I could pay down my student loan debt.

This same mindset was also a big part of me saving $10,000 on tuition. I cannot tell you how many times I heard– “you're still doing that”, “Why don't you go buy that new car”...

Those same people for all I know are right where I left them–broke and bitter. 

The Bottom Line on Loud Budgeting

I am here for it all the way. Whatever happened to get this many people hyped up for taking responsibility for their financial goals–you have my seal of approval. For more on building a budget or just general financial insight. Poke around the website. We’ve been where you are and consistency + self discipline wins every time.