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Lifestyle Creep: The Subtle Ways Our Spending Eats Away at Our Progress
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
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By 3rd DecadeIn 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