3min chapter

Cheques and Balances cover image

Keeping Up With The Joneses | Money Month Day 10

Cheques and Balances

CHAPTER

How to Manage Lifestyle Crying

Lifestyle creep is when you spend a little bit more and then turn around and your $50,000 expenses are now $100,000 expenses. You projected out how long it will take you to pay a few mortgage. And then you look at the budget and go, well, I need all these things, but you need those things in the past. It's pretty much exactly as it sounds. We see it all over the show,. like we see as people get paid, they don't allocate anything more towards the mortgage as they get paid alittle bit more. The message ain't different here. You've just got to put that budget in place, get work out those fixed expenses

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