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The Real Reason You’re Still Broke (Even After Mak
Fund Rake
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3 months ago
#finance
#moneymindset
#wealthbuilding
#fundrake
#personalfinance
#Finance #MoneyMindset #WealthBuilding #FundRake #PersonalFinance
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00:00
Ever get a raise but feel just as broke?
00:02
It's a common trap, and it's not just about your spending habits.
00:06
It's called lifestyle inflation.
00:09
Here's how it works.
00:10
You start earning more so you subconsciously upgrade your life to match.
00:14
That daily fancy coffee, the bigger apartment, the newer car,
00:18
they all start feeling like necessities, not luxuries.
00:22
Suddenly, your expenses have risen to meet your new income,
00:25
and you're back at square one, living paycheck to paycheck, just on a grander scale.
00:30
The real key to building wealth isn't just earning more.
00:34
It's widening the gap between what you earn and what you spend.
00:37
By consciously keeping your major expenses the same even after a pay increase,
00:42
you can finally start saving, investing, and getting ahead.
00:46
Think you might be caught in this cycle?
00:48
Let me know in the comments.
00:49
And don't forget to like and subscribe for more tips on mastering your money.
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