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Reply to "What salary increase is "insane" to say no to?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here. We’ve already agreed to change nothing with current budget. We definitely fear the lifestyle creep. We won’t. And I’m sure there is a dread of corporate layoff etc that will cause us to want to save more than we are now even. All the pros and cons in this thread we’ve been over at length. Just as easy as he can sell himself into staying we can sell ourselves to taking the new job. And because of that I think it feels like the leap is worth it. It’s not a strong enough fear or concern in his (our) gut not to take it. [/quote] Lifestyle creep isn’t bc people are being careless, life is legit being expensive, with basic childcare during summer and everyday staples. Clueless boomers on this forum still talking as if it’s 2001. /roll eyes[/quote] No, for many people lifestyle creep is because they "want more and more and more". We bought our 3rd house. Paid $500K, were approved for $1.2M and we put 250K down and could have paid cash for the house. But we didn't spend more because $500K got us a 4 bed, 3.5 bath, 7 yo house in a good school district and we didn't see the need for "more luxury" We didn't start spending a ton extra and allow lifestyle creep until we were well set for college and retirement (and worth over $10M+). Because we knew how important it was to live within our means and build wealth. We already had a good life and could guarantee an amazing future if we didn't piss away our $$$ on things we don't need. But I know people whose allow their teens to spend close to $1K/month on Starbucks and the likes and and then complain that funding college is a struggle. If they had only saved that $12K/year, they would be set and kid could attend Harvard if they got admitte [/quote]
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