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31: The Attack of Lifestyle Inflation

Money Feels

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The Importance of Lifestyle Inflation

I think people just need to be more deliberate about what they inflate in their lifestyle. If you're not saving and investing 10% of your income or 20% whatever your financial goals are as your income increases, you're actually worse off. You don't have to immediately spend more on every single thing. But I think you can pick like a few areas of your life that are really important to you or you really enjoy and just be like I'm going to inflate these areas of my life  and then maintain where I am otherwise and then save the difference of that.

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