A new internet term called ‘doom spending’ is catching on, but it may work in direct opposition to the earlier trend of TikTok’s loud budgeting. Last year, ‘quiet quitting’ was all the rage on social media as workers decided to stop trying and focus on their actual lives. Now, in the last few months, two new terms have sprung up that seem to be countering each other on apps like TikTok and Instagram. Table of ContentsWhat is loud budgeting?A term initially coined by TikToker Lukas Battle, ‘loud budgeting’ is a concept quickly catching on with Gen Z internet users. “Loud budgeting has the same …