A short YouTube video by Ndubuisi 'Andy' Egwim explaining that pay rises often lead to "lifestyle creep," where increased income is matched by higher spending. The core advice is to keep your lifestyle constant after a pay rise and invest the extra income to build future wealth. The clip ends with a promotion for the book "The Moneywise Doctor."
Every time you get a new job and a pay rise, your lifestyle seems to catch up with it. That's not wisdom, that's lifestyle creep. You need to create a gap between your new rise in income and your current lifestyle or you'll never be able to save or invest for your future. Just stay at the same lifestyle while you invest the extra money.
The Moneywise doctor Book is now available. Click on the link below to order your copy now and start your journey to financial freedom.
