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LIFESTYLE INFLATION: MORE MONEY, MORE PROBLEMS

By paystubs at 19 Days Ago • 0 collector • 12 pageviews

The grass is always greener on the other side, and this applies to our finances as well. We are constantly bombarded with images of luxurious lifestyles that seem to be just out of reach. We see celebrities and other wealthy people enjoying extravagant vacations, expensive cars, and lavish homes, and we can’t help but want the same thing.


But what we don’t often see are the problems that come with lifestyle inflation. When our income goes up, our spending goes up as well, and before long we’re in just as much debt as we were before. In fact, sometimes lifestyle inflation can be even worse than regular debt because it’s harder to get out of.


So how can you avoid the dangers of lifestyle inflation? And if you’re already in trouble, what can you do to get out? Read on to learn more.


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