Money Feels

31: The Attack of Lifestyle Inflation

Bridget Casey and Alyssa Davies Season 3 Episode 31

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:

We've now launched our Patreon! Subscribe for bonus episodes and extra content from your hosts. Thank you for listening to today's episode! Join us next week for a new one. Until then, follow us on Instagram @mixedupmoney, @bridgiecasey and @moneyfeelspodcast, and we’ll see you next time! 

People on this episode