Day 253
Week 37 Day 1: Lifestyle Inflation: The Silent Wealth Killer
Every raise, bonus, and promotion comes with a temptation: upgrade your lifestyle. New car. Bigger house. Nicer restaurants. This is lifestyle inflation, and it is the primary reason high earners reti...
Every raise, bonus, and promotion comes with a temptation: upgrade your lifestyle. New car. Bigger house. Nicer restaurants. This is lifestyle inflation, and it is the primary reason high earners retire poor. Your expenses grow to match your income, leaving your savings rate unchanged at zero.
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