The Rich Immigrant
When you hear the word immigrant, the word rich doesn’t always come to mind. Immigrants can attain financial independence; we can lead full lives in our new homes while maintaining our identities.Each Wednesday, join Dee Olateru, a 3-time immigrant, and your everyday aspiring rich immigrant, as she shares tips, and stories to help immigrants do just that. The Rich immigrant podcast was created to be what the next immigrant needs to thrive and what we need as a community of 1st and 2nd generation immigrants.If you’re a first or 2nd generation immigrant, or just want great but relatable money and life conversations, this is the podcast for you! For more inspiration, follow the @therichimmigrant on Instagram or at www.therichimmigrant.com
The Rich Immigrant
90: The Ease of Lifestyle Inflation And How To Avoid It
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Dee Olateru
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Season 8
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Episode 90
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In this episode, I use a recent hilarious real life experience to analogize how lifestyle creep can happen. In this episode I talk about
- How I recently adjusted to a new level of convenience without knowing it
- What lifestyle creep/inflation is
- How I avoided lifestyle creep early on in my career but also honestly shared how I have allowed for some conveniences since then
- I share about the different extremes we can turn to as our incomes increase
- Four ways to keep lifestyle creep/inflation in check
- I wrap up the episode with a reminder to compare monthly expenses to what they used to be before the end of the year. Are there intentional lifestyle improvements or have things crept up on you? Let me know what you find
They say lifestyle inflation is a silent killer of budgets. Don't let lifestyle inflation have you sabotaging yourself!
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