DON'T do this when your income goes up
Why did the balloon refuse a promotion?
Because it was worried about lifestyle inflation!
Terrible intro, I know. I’m sorry. But lifestyle inflation is a real problem that many people face.
It happens when income grows, but expenses grow even faster—think a bigger house, luxury car, or private school tuition.
But what happens when income drops? People stuck in this cycle often face hard choices, like selling their home or downsizing their lifestyle.
Here’s how to avoid it:
✔️ Give yourself a cushion.
✔️ Delay big purchases by a year or two, even as your income grows.
A little patience today can protect your future and keep you from being caught off guard. Don’t let lifestyle inflation hold you back from financial freedom.
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