High Kcome but Zero Savings? Decoding Lifestyle Creep
Similarly Bhaavya Roy, a lawyer, admits of her increment being directly proportional to her spending. She says, "After every increment, my lifestyle changes. From a modest 2 BHK, I have shifted to a larger space. As one chooses to live a luxurious life, practicality takes a backseat. With growing purchasing LD power, the habit of spending results in complacency. I realise that I need to control my spending habits but it is easier said than done. Increased income blurs the line between needs and wants.
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