“Lifestyle creep is the single greatest threat to your wealth”
– @twindadmoney

Lifestyle Creep is when your expenses rise every time (and to the extent) that your income rises.

When you let your expenses increase because you got a raise you’re not really getting ahead, you’re not closer to financial independence or financial freedom. Instead, you continue to live paycheck-to-paycheck, albeit with a much nicer car/house.

When you get a pay raise, bonus, or income increase, you should use that extra money to invest in assets that will help you buy back your time.

Wealth of understanding tells us when you get more money, make more investments.