2min chapter

Life Kit: Money cover image

Financial habits to leave behind in 2025

Life Kit: Money

CHAPTER

Mindful Spending and the Risks of Lifestyle Creep

This chapter explores the significance of intentional spending choices to improve quality of life while resisting consumerism. It introduces the ideas of lifestyle creep and the hedonic treadmill, highlighting how increased income can lead to unnecessary spending and how happiness levels can stabilize despite changes in circumstances.

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