The Intrinsic Value Podcast - The Investor’s Podcast Network cover image

MI021: Developing and Simplifying Your Financial Plan with Peter Lazaroff (Personal Finance Podcast)

The Intrinsic Value Podcast - The Investor’s Podcast Network

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How to Avoid Lifestyle Crying

Lifestyle creep is the slow gradual increase in spending that typically is aligned with the raises we get throughout life or just some lifestyle experience. The first thing you should do is set up whatever your automatic savings are to save some portion of that. It's okay to increase your expenses a little bit if you've earned it, you've worked hard for it. But not more than your raise was.

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