Is Lifestyle Creep Limiting Your Wealth?

CPA, Accounting, Accountant, Jackson TN

Imagine you have just gotten a raise at work. You’re probably thinking about how you can afford that big purchase you’ve been wanting, or how you can finally go on that nice vacation.That trend has a name: lifestyle inflation. And though it’s not always a bad thing, it’s important to know what it is and…

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Orderly Savings

Depending upon your circumstances and everyone’s is different, the order that you prioritize for investing may vary. However, in general most people should prioritize investing for the short-term and then the long-term. Short-term investing, which I prefer to call savings, is most commonly for an emergency fund. An emergency fund is basically a small accumulation…

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