What if the real lifestyle creep has nothing to do with your spending?
Mike and Kevin start with a debate about money but end up somewhere more interesting. Mike introduces the 30% Rule, something he started applying after a silent meditation retreat, and it stopped being about stuff pretty quickly.
They discuss:
• Why a high earning young professional skipping a ski trip with friends might actually be the wrong call
• How to tell whether a purchase is really for you or for everyone watching
• Why the dopamine hit of not spending can sometimes beat the high of buying something new
• How the 30% Rule applies to commitments, friendships, and businesses, not just your budget
• Why the person who says "I'm not busy" might be the most successful one in the room
• Which kind of lifestyle creep Mike and Kevin think causes the most damage
If you have ever described yourself as busy and secretly suspected that was the problem, this one is worth your time.
Connect with Kevin and Mike on X for more from The Inner Circle:
Kevin Dahlstrom: https://x.com/Camp4
Mike Brown: https://x.com/mbrown_co