16min chapter

Life Kit cover image

How to avoid 'lifestyle creep'

Life Kit

CHAPTER

Navigating Lifestyle Creep

This chapter examines the phenomenon of lifestyle creep, highlighting how gradual increases in spending can occur following income boosts. It offers practical strategies for mindful spending, such as creating a 'buy list' to manage impulses and avoid the pitfalls of immediate gratification. The discussion emphasizes the need for individuals to reflect on their true financial needs and emotional well-being in relation to consumer habits.

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