Posts by ZinaKumok

poor from lifestyle inflation

Why Lifestyle Inflation Can Keep You Poor – And How You Can Resist It

It’s easy to find yourself thinking, “I’ll be so much happier when I get a raise.” Then, you get a raise and feel like your financial situation has drastically changed. You can afford to save a little more per month or maybe even make that much-sought-after upgrade to your home.

But after a few months, you get used to the new salary, and the cycle begins again of waiting for that next pay increase to feel like you have enough money to live comfortably.

Many of us get the same feeling when we buy a house. What was once a gleaming home that filled you with pride is now a constant reminder of everything you want to fix.

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