### 4 Clever Financial Tips to Enhance Your Finances
Handling finances can seem daunting. One minute you’re eager to save, and the next, your paycheck disappears.
The web is brimming with financial guidance, some beneficial—but not all sources are credible. The crucial part is to be discerning about where you seek advice.
Earlier, **Mashable** presented a compilation of **[smart finance influencers on TikTok](https://mashable.com/article/savvy-finance-influencers-to-follow-tiktok)** who genuinely care for their followers’ best interests. However, given the abundance of financial tips online, we aimed to showcase four of the most actionable money strategies we’ve encountered.
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### 1. Discuss Major Costs
One important financial takeaway from **Vivian Tu** (also known as [@YourRichBFF](https://www.tiktok.com/embed/6934678515409276165)) is to **discuss significant expenditures**—be it medical bills, vehicles, or property.
Tu points out that negotiating for a reduced price on a substantial purchase has far more effect than merely reducing smaller expenses like coffee.
*”It’s quite common to say, ‘I purchased my home for $50,000 less than the listing price,'”* Tu remarked to **Yahoo**. *”Do you realize how many lattes you’d need to skip to save that $50,000? Just engage in that awkward conversation and negotiate.”*
Her insights on bargaining for medical expenses have struck a chord with many, as one of her TikTok clips amassed over **2 million views**.
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### 2. Prioritize an Emergency Fund
Life can be unpredictable, and creating a financial safeguard is essential. **Tori Dunlap** of [@herfirst100k](https://www.tiktok.com/@herfirst100k?lang=en) advises **setting aside at least three months’ worth of living costs** in a high-interest savings account before prioritizing debt repayment.
Why is this important? An emergency fund can help avert deeper debt when unplanned expenses occur. Additionally, having funds set aside brings peace of mind.
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### 3. Maintain an Impulse Purchase List
**Michela Allocca**, who manages the TikTok page [@BreakYourBudget](https://www.tiktok.com/@breakyourbudget), recommends keeping a **record of impulse buys** you’re tempted to make. Instead of purchasing instantly, jot it down and reconsider it later.
This straightforward practice aids in assessing whether you *genuinely* desire or require an item—thus avoiding unnecessary expenditures.
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### 4. Embrace “Loud Budgeting”
Declining social invitations or unnecessary purchases can be uncomfortable, but **Lukas Battle** introduced the idea of **”loud budgeting”**—openly expressing that you’re passing on a purchase due to its price.
*”It’s not about, ‘I don’t have enough.’ It’s about, ‘I don’t want to spend,'”* Battle articulated in a popular TikTok.
This shift in perspective promotes honest discussions about money and aids in normalizing financial boundaries.
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### The Key Takeaway
At the heart of these strategies is **awareness regarding finances**. Managing money can certainly be challenging, but small, deliberate adjustments—like negotiating, saving, and budgeting—can lead to significant improvements.