Loud Budgeting, AI Craze, and When Saving Money Costs Money

20 Clever Hacks To Save Money at Restaurants                                                                                                                                                                                                                                                                                                                                                                                                                 January 10, 2024 | [Read Online]( Good morning. It's Wednesday Jan. 10, and we're covering loud budgeting, when saving money can cost you money, the 11 best real estate books, and much more. First time reading? [Sign up here](. Stock Market Update Market Performance: January 10, 2024. The S&P 500 trimmed an earlier decline Tuesday, boosted by tech shares, but still ended the day with modest losses. The broad market index closed lower by 0.15% to end at 4,756.50. At its lows of the day, the benchmark had dropped 0.7%. The Dow Jones Industrial Average lost 157.85 points, or 0.42%, to close at 37,525.16 after being down by roughly 310 points at the session lows. The Nasdaq Composite recovered from a nearly 0.9% slide and eked out a gain of 0.09%, settling at 14,857.71. [Nvidia traded 1.7% higher, reaching a fresh all-time high.]( Amazon was also up more than 1.5% along with Alphabet . Shares of Juniper Networks also popped almost 22% on Tuesday after a report in The Wall Street Journal said Hewlett Packard Enterprise could announce a deal to acquire the networking hardware company for about $13 billion as soon as this week. Financial Maverick Insights When Saving Money Can Cost You Money Reducing financial waste is a top goal for many people, especially as the cost of living escalates. According to a PwC report, consumers drastically adjusted their spending behaviors in 2023, with 53% saying they were holding back on nonessential spending and 15% indicating that they stopped nonessential spending completely. Additionally, a 2023 Experian study found that 66% said they're actively looking for ways to trim expenses from their monthly budget. Buying or Keeping a Clunker: It can be tempting to purchase the cheapest old possible or keep the one you have that is falling apart. It's often not a financially prudent idea, though, Jason Cherubini, an executive-in-residence at Loyola University Maryland's Department of Finance, said in an email. Overbuying in Bulk: Purchasing items you need and will use in bulk can be financially beneficial, but be careful to check the cost per weight. For example, at Costco you might buy a 24-pack of chicken breasts for $139.99, which is $12.73 per pound, but a six-pack of similar chicken breasts at Safeway costs $23.96, which is $5.99 per pound. [Clearly there's a desire to pare down, but can the process of saving money also cost consumers money?]( In some circumstances, yes. Read on to find out how. The Internet Has Spoken: "Loud Budgeting" Is Now In And "Quiet Luxury" Is Officially Out It's 2024, and according to TikTok, quiet luxury is out and something called "loud budgeting" is now officially in. It all started with TikToker Lukas Battle's (@lukasbattle) video highlighting his 2024 ins and outs. In the video, which has been viewed over a million times, Lukas proclaims, "Out: quiet luxury. In: loud budgeting. Sorry, can't go out to dinner. I've got $7 a day to live on." And people in the comments had such a strong response to his pithy prediction that Lukas made a second video (also viewed over a million times so far) digging deep into the concept of loud budgeting. In the follow-up video, Lukas explains, "[Loud budgeting is a new concept I'm introducing for 2024.]( It's the opposite of quiet luxury. But if you know any rich people, you know that they hate spending money so it's almost more chic, more stylish, more of a flex." Real Estate News Denver realtors predict limited inventory, rising prices in 2024 Denver area realtors anticipate interest rates will continue to drive the housing market in 2024. But after a year when high rates stymied sales, they hope interest rates start dropping. “I… How to profit from inflation with multinational real estate investments The 11 best real estate books that can help investors grow their wealth in 2024 The best real estate investing books share strategies for success and practical advice for how to manage your properties on a day-to-day basis. Personal Finance Tips 4 questions to help build your 2024 marketing budget It’s arguably marketing’s oldest question: How much of your revenue should you reinvest in marketing? How To Cut Your Food Budget Without Sacrificing Taste It’s no surprise that the thing I spend the most money on, most consistently, is the one thing I feel quickest to defend. Dave Ramsey: 20 Clever Hacks To Save Money at Restaurants Dine out like a pro. Alternative Investing Elon Musk’s X platform to introduce peer-to-peer payments The social media platform further revealed intentions to use AI to improve its users' experience. Jim Cramer switches stances, now says Bitcoin is topping out Financial commentator Jim Cramer’s evolving views on Bitcoin raise questions amid ETF approval, impacting investor decisions. Why the AI Investing Craze Is Nothing Like the Late-90s Dot-Com Bubble The mascot of Pets, the internet stock that came to define the excesses of the late-1990s dot-com bubble. Do you think the AI investing craze is nothing like the late-90s dot-com bubble? [Yes]( [No]( Reach Over 100,000 Financial Mavericks Advertise with Financial Maverick to get your brand in front of the Financial Gurus in the world. The Mavericks are high-income and highly knowledge people who are always looking for an interesting product or tool. [Get In Touch]( Share Financial Maverick Calling all Financial Mavericks! To help out a family and friend in need by sharing this newsletter. Tell you what if you ever wanted to be a Hero, Financial Guru, or a Nice Person this is your time! 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