Hi All,
I (18M) recently got a $2/hr raise at my sales job I’ve been at for 3 months now. I’ve noticed myself already getting the urge to buy new things (video games, getting a boxing gym membership) as a result of the raise.
Currently I’m spending about 25% of my income, saving 20%, and investing what’s left (401k, Roth IRA, brokerage account). I do have a starter credit card but never surpass 30% utilization and always pay on time. I still live at home which allows me to save so much.
At what point does buying things go beyond “treating myself”, and becomes lifestyle inflation? Right now I’d like to think I’m doing ok but I know it’s a slippery slope. It doesn’t help my impulse control leaves a lot to be desired. Any and ad all advice is appreciated. Thanks!
Submitted November 14, 2021 at 12:33PM by Initial-Knee2236 https://ift.tt/3om4wtK
