Spending More After Getting That Big Pay Increase? How to Avoid Lifestyle Creep

Spending More After Getting That Big Pay Increase? How to Avoid Lifestyle Creep
Shannon Lee Simmons, founder of the New School of Finance, is shown in this handout photo. The Canadian Press/HO-Cindy Blazevic
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Choosing to shop at a specialty farmers market over a discount grocery chain or taking a cab instead of public transit are some of the subtle ways your spending can climb as your income goes up.

Over time, these seemingly small choices can lead to something called lifestyle creep—when you tend to spend more as your income increases.