Conquering Lifestyle Creep

Lifestyle creep can make you poor, keep you poor or steal your wealth. Learn how to control the creep and you will learn how to live a better life and put yourself on the path to financial freedom.

Know what Lifestyle Creep is

What is lifestyle creep? Lifestyle creep or lifestyle inflation is the phenomenon where the more money you earn, the more money you spend. As your income increases, your discretionary spending increases as well, leading to certain “luxury” items becoming needs rather than wants.

Life Style Creep is a cycle that keeps you from achieving your financial goals.

Do You Have Lifestyle Creep?

If you do, it could be holding you back from the life you want to live. If one or more of these signs applies to you, you may be experiencing lifestyle creep.

Learn How to Avoid (or Fix) Lifestyle Creep

Whether you are ahead of the game and simply trying to avoid lifestyle creep, or if you’ve already fallen victim and are trying to find your way off that slippery slope, these steps will help you on your journey.

Use these steps to identify and combat lifestyle creep.