Central Bank commented on the new trend on TikTok

No time to read?
Get a summary

The tendency to “noisy budgeting” allows you to show others by example how to deal with certain financial problems, how to avoid mistakes and what methods are acceptable in a particular situation. This opinion was expressed by Olga Milova, head of the financial literacy department of the Main Directorate of the Central Federal District of the Central Bank, in an interview with socialbites.ca.

He commented on the new trend on TikTok as follows: American users of the social network began to encourage each other in creating a budget and share their steps with subscribers and friends.

“Boasting” of his successes in this direction, talking about his personal planning strategy, ways to save and increase income, the person himself has the incentive to continue not to deviate from the intended path in order to accurately achieve his goal. Milova pointed out that someone who promises their friends or subscribers to start creating a budget will force them to follow through on their promise.

According to him, it’s like when playing sports – for some it is easier to practice in a group so as not to run away, but for others, having willpower, they do not miss a single workout.

About the new trend reported Bloomberg agency.

Will Russians follow the example of American tiktokers? material “Newspapers.Ru”.

Russians before explainedHow to learn financial planning.

No time to read?
Get a summary
Previous Article

Say goodbye to bulky pillowcases: The detail in your placement that will make you forget about sewing and cutting

Next Article

“Biden should see this as an opportunity.” British weekly magazine on the issue of migrants in the US presidential election