Quote from: Peanutswar on Today at 03:01:46 AM

Once the person earns money sometimes they change their lifestyle reason why they extend additional cost we called this as lifestyle inflation which is before they cant afford those things and now after they get money and a budget they make an excessive buying to those things they cant afford, sometimes casual spend and sometimes is for flexing in social media. Now they get ignore their savings because they know that there will be a salary will coming next cutoff. Be a financial literate and manage your money properly to avoid spending much and once unexpected emergency or occurrence happen you have a money.

That's how a person's lifestyle is when they have money and their previous standard of living which seemed simple changes completely because it is influenced by the additional income. When the income we get is stable and can be said to be large, it is not a problem as long as people can make adjustments to expenses and needs to support life. But if it is only to show off on social media because they have a better standard of living, then I think it is not a behavior that should be exemplified.

We need to be smart in managing our finances so that when unwanted things happen, we have a solution. Most people are wasteful in buying expensive things, but when they have financial problems, their lives become worse and they end up having to sell the luxury goods they previously bought.