Lifestyle inflation is a trap too many people fall into.
You make more money, so now you need a cooler-looking car and a bigger house, only to end up with a bigger mortgage and car payment. I'd rather own my house & car outright, than look cool with something that technically isn't mine. The freedom of living without a debt chain around your neck is worth infinitely more.
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Lifestyle inflation is a trap too many people fall into.
You make more money, so now you need a cooler-looking car and a bigger house, only to end up with a bigger mortgage and car payment.
I'd rather own my house & car outright, than look cool with something that technically isn't mine.
The freedom of living without a debt chain around your neck is worth infinitely more.