What The Elle - 🔊 Let’s Get Loud (Budgeting)

Plus, 12 ways to talk about money with everyone in your life, and a late-Feb financial wellness reset.
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MONEY TALK

A Little Bit Louder Now

“Loud budgeting” is the viral money trend that encourages people to be upfront and shame-free about their financial boundaries. And while it’s veiled in LOL, it gets people to talk about money in a really freeing, give-no-f*cks way that embraces living life on your own terms. Hey-hey-a-hey. (Hey-hey-a-hey.)

From a financial planning POV (like Ellevest Financial Planner Sofia Figueroa’s), that’s exactly why budgets exist: They enable us to spend how we want to, not restrict us from it. If “loud budgeting” is the path to building a powerful financial habit — to being honest about what financial tradeoffs you’re willing to make (and which ones you’re not) — by all means, grab your friends and get loud.

Talking about money doesn’t just set us all up for success. Having honest money conversations can help enrich our relationships, too. It can bring us closer together by identifying shared values and by allowing us to be more mindful of accommodating each other and our financial situations — and of the influences we may have on them.

But … how do you start? Try these prompts to break the ice with just about everyone in your personal life.

 
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✨ Life happens, plan for it

Life is unpredictable. Divorces happen. Tax season sneaks up on you. Dinner parties and weddings and birthdays all add up to plenty. Last year, you may have rolled with the punches. But this year you’re planning for everything life has to offer. The good and the bad.

The key to feeling ready for all of it? Á la carte financial planning sessions to help you take care of yourself by taking care of your money.

 

SMALL WINS LOOK GOOD ON YOU

This one’s a reminder that it’s not too late to pick up some (low-lift) money habits to practice weekly, monthly, and all year long.

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⭐ Starring your financial goals

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