💸 Lifestyle Creep: Does Earning More Really Mean Saving More?

[klassicdoll]

It’s funny how when our income increases, our expenses somehow grow with it too. At first, we think, “I’ll finally be able to save more,” but then we start upgrading — better food, nicer clothes, a new phone, or more nights out. Before we know it, our spending habits have caught up with our salary.

I feel like it’s something a lot of us fall into without realizing it. Do you think earning more really helps people save more? Or does it just make us spend more without noticing?

 

[eLdavis]

Earning more doesn't always mean saving more. In most cases, it actually means spending more as well. The more we earn, the more our expenses increases.

 

[Springtime]

Earning more certainly does not mean that you save more. You tend to spend more unless you really have good self-discipline.

 

[Starmix]

It's illogical to say that when you spend more, you save more. When you spend more, you're pushing yourself to the edge of losing money. Reverse it this way, Stop spending more, and adapt yourself to saving more. It's crucial when you realize that you don't have savingd. There's no guaranteed job and likewise no guaranteed business.