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New 'Loud Budgeting' Trend on TikTok takes on Personal Finance and I like it
Manage episode 449782189 series 3320629
Contenu fourni par A.B. Ridgeway, CPWA®️, MBA, A.B. Ridgeway, and MBA. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par A.B. Ridgeway, CPWA®️, MBA, A.B. Ridgeway, and MBA ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.
In this episode, host A.B. Ridgeway discusses the latest financial trend of 2024: "Loud Budgeting." Inspired by TikTok, this movement emphasizes openly setting financial boundaries and staying accountable to one's goals. A.B. explores the positives and potential pitfalls of this trend, emphasizing a Christian perspective on managing money wisely for the glory of God.
Key Takeaways
- Loud Budgeting is a Statement Rather than being subtle, "loud budgeting" encourages people to openly share their financial boundaries, empowering a culture where it's acceptable to prioritize financial health over excess spending.
- Being Cost-Conscious vs. Stingy Loud budgeting isn't about hoarding or being stingy; it’s about making informed decisions and addressing small financial leaks that can drain resources over time.
- The Importance of Goals and Priorities Setting financial goals and understanding the purpose of money—as a tool for God's glory—helps individuals stay committed to budgeting and avoid frivolous expenditures.
Memorable Quotes
- "We don't own anything; we are only using it for God's glory."
- "It's not about being stingy; it's about being cost-conscious."
- "The best thing you can do for the kingdom is to get out of debt so you can be a cheerful giver."
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*Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.
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