Lifestyle inflation, also known as lifestyle creep, is a phenomenon where spending rises in tandem with increasing income. While a moderate degree of lifestyle creep can be seen as a natural (and even motivating!) aspect of personal progress, excessive spending…
A lot of people know the importance of saving for retirement. However, the main question they have in mind is how much the “magic number” is and how long will my money last? Everyone who wants to eventually retire needs…
Do you ever feel like everything in modern life is designed to take your money? Sky-high grocery bills, subscription services, simple trips to the doctor, the planned obsolescence of your smartphone. Heck, even getting to your job – they place…
When it comes to saving money, we’ve told you about how different generations of Americans are saving and building wealth. We’ve also told you about the average amount of debt each generation of Americans has. But how are different generations…
This piece of savings advice is specifically for compulsive buyers though the rule could apply even to the most budget-conscious readers. But it is especially worthwhile for those who spend too much money. Glenn James, host of one of Australia’s top…
Summer is around the corner, which means it’s prime time for backyard cookouts, family vacations, and leisurely activities of all varieties. It also means Mother’s Day and Father’s Day – joyous celebrations that allow us to express heartfelt gratitude to…
It’s impossible to go through life without spending money, but spending money on necessities isn’t a problem for most people. Overspending, however, kills most people’s chances at a bright financial…
Going from the top to the bottom is an easy fall. Former Olympic Gold medal winner Ryan Lochte knows this journey all too well. After winning his first gold medal…
The Commerce Department revealed last week that consumer spending rose 0.5% last month after surging in March due to the fact that more Americans are venturing back out into the…