Lifestyle creep often comes from the urge to show success through material things. Many contractors, after earning more, feel pressured to upgrade their lifestyle. This often leads to buying new trucks, bigger homes, or taking lavish trips as a way to demonstrate their financial progress.

In this episode, Brad talked about:

• Definition of lifestyle creep and its impact on personal success for contractors
• Comparison of lifestyle creep to scope creep in business
• Psychological factors driving lifestyle increases among contractors
• Importance of financial discipline and delaying purchases
• Strategies to combat lifestyle creep.

Link to Resources:

Grab Brad's tell-all book: The Contractor Profit Blueprint

https://thecontractorprofitblueprint.com

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