How to avoid keeping up with the Joneses
Well, it looks like the song was right: mo money, mo problems… From big mortgages, to expensive schools, to fancy cars - the more you earn, the more there is to spend it on. You might not have to clip coupons, but you do have to keep up with the payments. It’s what is commonly referred to as lifestyle creep - and it’s a trap people can easily fall into when they start earning more money.