← Lifestyle creep
What podcasts say about Lifestyle creep
Every statement, with the speaker, the exact quote and the moment it was said.
What experts have said about Lifestyle creep
2 statements · 2 negative
Higher income can lead people to inflate commitments and liabilities excessively.
“The trap that you can fall into when there's more money than there might always be is kind of inflating your commitments or your liabilities.”
Open the episode · How your financial plan changes as life changes with Matt IngramListen at 8:39
Lifestyle inflation can exceed income growth.
“When someone gets a 5% raise but increases their spending 6%, you know that that is very common on our show.”
Open the episode · Why Everyone Is Drowning In Debt (and how to get out) - Caleb Hammer - #1123Listen at 28:02
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.