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There are 7 words chosen from the video, read their definitions and then watch it on YouTube.
Why "loud budgeting" is becoming a trend on social media
1. Linger (transcription: /ˈlɪŋɡər/) Definition: To remain or stay longer than usual or expected, especially in a place.
2. Mounting (transcription: /ˈmaʊntɪŋ/) Definition: Increasing in amount, extent, or intensity over time.
3. Antidote (transcription: /ˈæntɪˌdoʊt/) Definition: A substance that counteracts or neutralizes the effects of a poison or toxin.
4. Frugal (transcription: /ˈfruːɡəl/) Definition: Practicing economy or avoiding waste in a way that suggests thriftiness or simplicity.
5. Perceive (transcription: /pərˈsiːv/) Definition: To become aware of, know, or identify by means of the senses or mind; to recognize, discern, or understand.
6. Impractical (transcription: /ɪmˈpræktɪkəl/) Definition: Not sensible or realistic; not suitable for a particular purpose or situation.
7. Transition (transcription: /trænˈzɪʃən/) Definition: The process or a period of changing from one state or condition to another.
After watching the video, read its summary for better understanding:
Loud budgeting is a trend on social media, especially on Tik Tok, where people are proud to announce that they are on a budget.
It is seen as the opposite of quiet luxury, which is aspiring to a celebrity lifestyle.
Some people criticize loud budgeting as being rude, but others see it as being upfront about wanting to be frugal.
Young people are increasingly turning to Tik Tok and other social media platforms for financial advice, rather than traditional sources like family members or certified financial planners.
Other budgeting trends include Frugal February, which is the idea of buckling down on spending at the beginning of the year, and the 100 envelope challenge, which is a way to save money over time.
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