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Be mindful of lifestyle inflation to avoid overspending from "summary" of Broke Millennial by Erin Lowry
When you finally start making more money, it can feel like you hit the jackpot. Suddenly, you have extra cash to throw around, and it's tempting to upgrade your lifestyle. You might decide it's time to move into a swankier apartment, buy a brand-new car, or start dining out at fancy restaurants more often. After all, you're making more money now, so why not enjoy it? This is where lifestyle inflation comes in. It's when you increase your spending as your income goes up. If you're not careful, lifestyle inflation can quick...
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