Build A Wealthy Spirit
What would you accomplish if you felt empowered to take more risks and pursue work you love? Many of us live life on autopilot, checking boxes while constantly on the lookout for the next best job, only to realize we still feel dissatisfied and lack purpose. Each week, Sammie and Michelle explore tools their community can use to unlock their full potential. Since it’s hard to build a meaningful life without a secure financial foundation, they break down the most actionable ideas from the financial independence community to help people move from a season of scarcity to abundance.Money without purpose isn’t satisfying in itself, so they take things to the next level by sharing ways to identify your values so that you can feel empowered to pursue the dreams that are most meaningful to you. Join us as we rethink the status quo and Build A Wealthy Spirit!
Build A Wealthy Spirit
#11: Lifestyle Inflation
In this episode, Sammie and Michelle discuss the concept of lifestyle inflation. They take a look at different ways they have inflated their lifestyle over the years and show how lifestyle inflation can create golden handcuffs. Avoiding lifestyle inflation is the key to building wealth and gaining financial independence.
Show Notes
- The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas J. Stanley, William D. Danko
- The Next Millionaire Next Door: Enduring Strategies for Building Wealth by Thomas J. Stanley, Sarah Stanley Fallaw
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