Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Fully Revised and Updated for 2018

In this episode, Nikita & Katherine Chatmon (3rd Decade Volunteer Mentor), discuss lifestyle creep. We all experience some amount of this as our income rises, but this episode covers: personal examples, how to recognize when it's happening, why it matters, prevention techniques, and ways to manage it.

Resources:

  • Avoiding Lifestyle Creep (Presentation by Kohler Credit Union)
  • NerdWallet – What Is Lifestyle Creep and How Can You Avoid It?
  • Book: Your Money or Your Life by Vicki Robin & Joe Dominguez
  • The Minimalists (blog, podcast, and Netflix documentary)
  • r/BuyItForLife