What You Need to Know about Avoiding Lifestyle Creep On the surface, you look successful. You’ve been climbing up the career ladder with one higher paying position after the next. You earn raises and bonuses. Yet, your savings are low and your life goals still lie far out of reach. You may be experiencing lifestyle creep. That’s when your expenses keep increasing along with your income. That could mean financing a flashy new car or moving into a bigger house each time you get more money. It could also involve less conspicuous purchases, like dining out and buying expensive phones. The consequences can be serious for your finances and overall wellbeing. For example, you may not have enough money to retire or you may be stuck in a job you dislike. Learn how to say goodbye to lifestyle creep. Try these suggestions for bringing your spending under control and changing your relationship with money. Tips for Managing Y...