Lifestyle inflation can be a serious threat to financial growth. Earning $50K might lead to a Toyota, $100K a Mercedes, and $200K a Porsche—all while net worth stays unchanged. As income grows, expenses shouldn't follow.
Lifestyle inflation can be a serious threat to financial growth. Earning $50K might lead to a Toyota, $100K a Mercedes, and $200K a Porsche—all while net worth stays unchanged. As income grows, expenses shouldn't follow.
Instead, invest the extra funds. #FinancialWisdom #SmartLiving
that's true man there are never ending needs
True that. Balancing needs vs. wants is key—small choices add up. A bit of budgeting can redirect extra cash into savings that really pay off over time