Lifestyle Inflation Infection

Lifestyle Inflation Infection

Beware of lifestyle inflation. Lifestyle inflation is where your income increases, and instead of saving the money you use it to have a more expensive, larger lifestyle.

The author of the link above speaks about an addiction. This is an addiction Wall Street wants, an addiction that we all need to break! Things may not be so good down the road but we tend to fail to think ahead and save for a rainy day.

We are indeed, or at least most of us, infected by Lifestyle inflation.

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