GuidesSavings

How To Battle Lifestyle Inflation

Lifestyle inflation refers to increasing one’s spending when income goes up; this tends to continue each time someone gets a raise, making it perpetually difficult to get out of debt, save for retirement or meet other big-picture financial goals.

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GuidesSavings

Savings and Investment Myths: The Microtermist’s Mirage

The human mind tricks us into believing a number of savings and investment myths. One of its most dangerous tricks is with the thought that one is actually saving money when he or she consistently set cash aside for a few days, say 7 days. It is a very dangerous trick that can destroy anyone financially.

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