Impact of lifestyle inflation

[Augusta]

As our income increases, expenses tend to creep up too before you know it, you're living paycheck to paycheck even with a bigger salary. do you find yourself upgrading your lifestyle as income grows, or are you more about saving the extra cash? how do you keep lifestyle inflation in check?

 

[Kross]

People that just inflate their lifestyles unnecessarily end up not having savings or investments because of too much expenses.

 

[Nomad]

Lifestyle inflation will create financial problems in your life. To cope with it, you need to increase your income and reduce your expenses

 

[Starmix]

You have to balance your lifestyle and your financial means to avoid financial disparity in these trying times. Living in a wasteful life because of a lifestyle you maintain drives you to love broke.