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Kiplinger
Kiplinger
Business
Eric Roberge, Certified Financial Planner (CFP) and Investment Adviser

How to Keep Lifestyle Creep From Hurting Your Wealth

A man laughs and smiles as he throws money in the air.

If you’re like most people, you tend to spend more as you earn more. That’s lifestyle creep, and it’s one of the biggest factors that can stop you from growing your wealth.

When you can’t create a buffer between your income and your spending, you’ll find yourself trapped in a paycheck-to-paycheck cycle, dependent on earning more money to maintain your lifestyle… while having little to no available cash to save or invest.

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