How to avoid 'lifestyle creep'

Published: July 14, 2022, 4:10 a.m.

Making more money tends to lead to spending more money. It's a phenomenon known as "lifestyle creep." Paco de Leon, author of Finance for the People, shares advice on keeping your long-term financial goals in check and fending off the subconscious urge to automatically increase spending when your income increases.

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