Standard Deviations with Dr. Daniel Crosby cover image

Nick Maggiulli - Personal Finance Myth-Busting: The Truth Behind Common Money Misconceptions

Standard Deviations with Dr. Daniel Crosby

00:00

How Much Life Style Crawl Can You Afford?

Life style creep is the tendency for consumption to rise right alongside our earnings. If you get a raise and then live better, but then retire at the same time, it's called 'life style creep' John Sutter: We'd both concede that a little bit of life style creep is inevitable and perhaps even desirable. He says people should enjoy working hard for a rasency they can't have before retirement. The book Life Style Creep was published by Simon & Schuster last year.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app