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Tag: lifestyle inflation

August 2021 Updates: Lifestyle Inflation

August 2021 Updates: Lifestyle Inflation

I’m out of control. I need to stop. Lifestyle inflation has come for me. I knew this month’s update was not going to look good but reviewing my budget really hit me in the face just how much I’ve overspent in August. Earlier this month, I decided to join my friend on a last minute road trip which was a huge money drain. But I must say it was well worth it as this is a friend who is going…

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Is Lifestyle Inflation Getting to Me?

Is Lifestyle Inflation Getting to Me?

I just had an epiphany. Here’s how it began: After I finished rounding up my May budget and spending, I proceeded to update my Debt Progress page and realized that I only made a measly 1% change in my debt progress from the previous month. Upon taking a closer look, I realized I’ve only lowered my student loans by $7,500 since the start of 2019! I already had to change my goal from fully paying off all my student loans…

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