Written by: Therese (she/her)
1 min read | Published: December 10, 2024
Managing finances in college can be challenging, but adopting a budgeting strategy can make a significant difference. One such approach is loud budgeting which involves openly discussing and prioritizing financial goals. This method not only helps with managing money but also reduces financial stress and anxiety.
Loud budgeting is the practice of being transparent about your financial situation and goals. It involves openly communicating with friends and family about why you might choose not to spend money on certain activities, even if you have the funds available. This transparency helps set boundaries and avoid the guilt or fear of missing out (FOMO) when you decline social invitations.
Some of the benefits of loud budgeting:
How to practice loud budgeting:
Loud budgeting is a powerful tool for college students to manage their finances effectively. By being open about your financial goals and decisions, you can build a supportive network, reduce stress and stay focused on achieving your financial aspirations. Start practicing loud budgeting today and take control of your financial future!
https://www.collegeraptor.com/paying-for-college/articles/questions-answers/loud-budgeting/
https://www.moneylion.com/learn/loud-budgeting/
https://www.forbes.com/advisor/education/student-resources/how-to-budget-in-college/
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