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 spendingRunning in place and The Diderot EffectHow to avoid (or manage) lifestyle inflationSome lifestyle creep is ok — but where is the line?What we plan to inflate in our future spending plansResources mentioned:Of Dollars and DataWe'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!