142: You Just Got a Raise! Don't Let Lifestyle Creep Steal It
Rich Habits Podcast
Why Raises Disappear Into Lifestyle Creep
Robert defines lifestyle creep and explains why raises often don't increase net wealth due to gradual spending upgrades.
In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz shares their strategies to help you build wealth after receiving a raise in your job.
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An investment in NEOS ETFs involves risk, including possible loss of principal. The equity securities purchased by the Funds may involve large price swings and potential for loss. A Fund’s income may decline when yields fall. Fixed income securities will decline in value because of an increase in interest rates.
Hankwitz Group LLC has an existing business relationship with NEOS Investment Management LLC. The opinions expressed are those of the author, and the author owns several NEOS ETFs.
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