I realized that we're completely guilty of lifestyle inflation. Slowly but surely our standard of living crept up to meet our income. We still saved money and paid down debt but we spent more money than when Y was a private in the army and I was a student waitressing part-time. We used to second guess every purchase and rarely went out to eat.
Before the last couple months, we went to the store when we needed something and just randomly picked up everything we
It is so easy to experience lifestyle inflation. When you're in school and not making much money, you always look forward to the time when you can buy what you want. Our friends subsequently made more money and we would do things together that cost more money. I don't doubt that we will go back to where we were before we had to madly save for this house.
Have you experienced lifesyle inflation? Where do you notice it the most?