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What is Lifestyle Creep?

What is lifestyle creep and how can you avoid this very common and tempting pitfall? πŸ™…β€β™‚οΈ

A lifestyle creep is when someone gets a salary raise, and instead of intentionally saving that money, they start buying more expensive clothes or eating out more.

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Β Living a Rich Life: The No-Regrets Guide to Building and Spending Wealth, by James Lenhoff

Latest Episode of The Rich Life Podcast

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