The Property Couch TPC Gold | Is Lifestyle Creep Holding You Back?
Jun 10, 2025
Bryce and Ben delve into the stealthy phenomenon of lifestyle creep, highlighting how promotions can lead to sneaky spending. They emphasize the importance of financial mindfulness, urging listeners to prioritize values over luxurious choices. The discussion encourages awareness of how rising expenses can stifle financial goals, promoting meaningful life experiences instead. It's a wake-up call for anyone who's ever wondered where their extra cash went after a pay raise!
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Avoid Lifestyle Creep
- Avoid lifestyle creep by not increasing your expenses just because your income rises.
- Keep a conscious awareness of your "cup size," or the gap between income and expenses, to trap more surplus.
Conscious Spending on Experiences
- Ben Kingsley chooses cheaper tickets or seating for less important concerts to save money.
- He spends more on experiences that truly matter to him, showing conscious spending on what adds value.
Choosing Practical Over Luxury
- Jerry Harvey flies economy despite being wealthy because he doesn't see value in more expensive seats.
- He prioritizes saving money over luxury, showing a practical mindset toward expenses.
