How to Avoid Lifestyle Inflation as Your Income Grows
It’s tempting to indulge in new luxuries when you get a big promotion, but while these expenses can feel like a well-deserved reward for your hard work, unchecked spending can quickly lead to lifestyle inflation— where your expenses grow at the same rate as your income, leaving little room for savings or financial security. So, here’s how to keep lifestyle inflation in check while still enjoying the benefits of a higher income.
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