Lifestyle Creep - Are You Making This HUGE Financial Mistake? | Money Mistakes to Avoid

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Lifestyle Creep - Are You Making This HUGE Financial Mistake? | Money Mistakes to Avoid

I would argue that one of if not the biggest financial issue the majority of people will face in their lifetime is something that is rarely ever talked about in traditional financial media. And no, the issue is not debt, it is not the stock market crashing, it is not even something like getting laid off from your job. Those issues all can be very difficult to deal with, but I would argue that there is another issue that may be even more damaging to our financial futures. I’m talking about the phenomenon known as lifestyle creep. Today I’m going to be talking about what lifestyle creep is, why it occurs, what issues it can lead to if not properly managed, and how to properly manage it in our lives.

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