the.com/lifestyle creep

you got a raise, and somehow you're still brokejust fancier broke.

means the gradual habit of spending more as you earn more, so your savings rate never actually improves.

from personal finance writers in the 1990s-2000s named it, watching people trade up cars and apartments the moment their paychecks grew, erasing every raise before it landed.

the.com/
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