Money Feels

31: The Attack of Lifestyle Inflation

June 29, 2023 Bridget Casey and Alyssa Davies Season 3 Episode 31
Money Feels
31: The Attack of Lifestyle Inflation
Show Notes

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:

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