Discover the latest money-saving trend sweeping TikTok and how âloud budgetingâ can help you reach your financial goals. Plus, learn the most powerful phrase to set yourself apart in job interviews.
Remember that New Yearâs resolution you finally made to save some serious dough? Yeah, us too.
But everyone knows that many financial decisions must come with some sort of sacrifice, and itâs never something to smile about. Even worse, sticking to those financial resolutions can feel like a lonely battle. So whatâs the way forward? This year, a hot trend on TikTok called âloud budgetingâ is helping people do just that.
On the other side, whatâs it like to interview for the job of your dreams? You want to make the best impression possible and sway decisions your way, but what if we told you it could take ONE phrase to do that?
Enough with the teasers, in this edition of the SimplVest Newsletter, weâll cover how you can:
Save More with the latest trend on TikTok; âLoud Budgetingâ and,
Boost your chances of landing your dream job with this powerful phrase!
TikTokers are trying to save more money in 2024 with the help of the new âloud budgetingâ trend 
Introducing the latest trend taking TikTok by storm: âloud budgeting.â Basically, itâs all about being honest with yourself and others about your financial goals. Itâs a money-saving technique that empowers you to prioritise your financial goals by making conscious decisions about social opportunities. Instead of saying yes to every social event that could drain your wallet, âloud budgetingâ encourages you to be upfront and decline when it doesnât align with your financial objectives.
By openly communicating your reasons for declining social invitations, you create a mindset shift that empowers you to prioritise your savings confidently. This technique not only helps you stay committed to your financial goals, but it also allows you to inspire others to do the same.
For example, imagine your friend invites you to an expensive concert, but you decline, explaining that youâre focused on saving for a down payment on a house. Your honesty about your financial goals may inspire your friend to reevaluate their spending habits and goals. Loud budgeting is about normalising conversations around personal finance and creating a supportive community focused on financial well-being.
But that raises the question; how do you do all this without compromising your social life?
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Finding the Right Balance: Prioritizing Your Loud Budgeting While Maintaining a Fulfilling Social Life 
Saving money is important, but it shouldnât come at the expense of your social life. âLoud budgetingâ reminds us to balance and enjoy life while working towards our financial goals.
Maintaining relationships and participating in social activities can be challenging when focusing on saving money. But remember, relationships and experiences are valuable too. Itâs all about finding a middle ground that allows you to prioritise savings while enjoying lifeâs moments.
To achieve this balance, consider using tools like savings accounts with categorised âbucketsâ for different goals. This way, you can allocate funds towards specific objectives while having money available for social events or memorable experiences. Additionally, budgeting apps can help you make informed decisions and determine the best ways to allocate your resources.
For example, Goodbudget is an excellent budgeting app for beginners, while You Need a Budget (YNAB) offers more advanced options. Piggyvest, Carbon, Expensify and PocketGuard are also viable options. These apps provide insights into your spending habits and help you make conscious choices to align your financial decisions with your goals while maintaining a fulfilling social life.
Remember, loud budgeting is not about deprivation or sacrificing enjoymentâitâs about making intentional choices that align with your financial aspirations.
The Number 1 Job Interview Phrase that Sets You Apart 
Looking to land your dream job? We all know that nailing a job interview takes more than just a killer resume. In addition to a well-tailored resume, itâs crucial to master the art of articulating why youâre the best person for the role. The phrase âOne thing that excites me about this role isâŠâ is an incredibly powerful tool in job interviews.
Why is it so powerful?
- Using this phrase showcases your confidence and enthusiasm. you show the interviewer that youâre not just desperate for any job. Youâre genuinely interested in their company and the specific role youâre applying for.
- By expressing what excites you about the role, you convey your passion, curiosity, and capability to the interviewer. This shift in power dynamics can help you gain leverage and stand out from other candidates.
For instance, letâs say youâre interviewing for a marketing position. You could say, âOne thing that excites me about this role is the opportunity to develop creative campaigns that connect with audiences on an emotional level. Itâs a chance to combine my analytical skills with my passion for storytelling, and I believe I can significantly impact the companyâs brand.â
Or if youâre interviewing for a business development position, you might say, âOne thing that excites me about this role is the opportunity to forge strategic partnerships and drive business growth. Iâve been following the companyâs recent expansion plans, and I truly believe in its vision for transforming the industry.â
- By expressing what genuinely excites you about the position, you demonstrate that youâve done your homework and understand the job requirements. This phrase shows that you understand the positionâs requirements and have thought about how your skills and goals align with them.
Remember, itâs not just about what you say, but also how you say it. Practice using this phrase with confidence and ensure your body language reflects your enthusiasm. You can even do a mock interview with a friend to see how it all works, or just practice in a recording!
In A Nutshell,
Letâs face it, budgeting isnât always the coolest thing to do. But âloud budgetingâ adds a dash of sass and accountability. As for that interview phrase, think of it as your secret weapon â one thatâll leave hiring managers starry-eyed (and begging you to join their team)!
We hope these tips help you on your journey to financial success and career advancement. Good luck!
