Lifestyle Creep: The Subtle Ways Our Spending Eats Away at Our Progress

04/08/2025 40 min Temporada 2 Episodio 59
Lifestyle Creep: The Subtle Ways Our Spending Eats Away at Our Progress

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Episode Synopsis

In this episode, Nikita & Katherine Chatmon (3rd Decade Volunteer Mentor), discuss lifestyle creep. We all experience some amount of this as our income rises, but this episode covers: personal examples, how to recognize when it's happening, why it matters, prevention techniques, and ways to manage it. Resources:Avoiding Lifestyle Creep (Presentation by Kohler Credit Union)NerdWallet – What Is Lifestyle Creep and How Can You Avoid It?Book: Your Money or Your Life by Vicki Robin & Joe Dominguez The Minimalists (blog, podcast, and Netflix documentary)r/BuyItForLife