31: The Attack of Lifestyle Inflation

Is your lifestyle too expensive? We're your hosts, Alyssa and Bridget. Welcome to the podcast, where we talk through our money trauma and create a better understanding of building a healthy relationship with finance.

In today's episode, we discuss the following:

• What is lifestyle inflation, and have we been impacted by this?
• How does lifestyle inflation happen?
• Study finding what industries impact people's inflated spending
• Running in place and The Diderot Effect
• How to avoid (or manage) lifestyle inflation
• Some lifestyle creep is ok — but where is the line?
• What we plan to inflate in our future spending plans

Resources mentioned:

• Of Dollars and Data

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