Have you ever felt the creeping sensation of lifestyle inflation? Despite an increase in income over the years, you find your savings stagnant, and your financial goals remain elusive. This phenomenon, known as Lifestyle Creep, quietly infiltrates your spending habits as your income grows.
To combat this insidious trend, it’s crucial to regularly reassess your budget and spending habits. Take a closer look at where your expenses have increased, what still holds relevance, and what may no longer align with your financial goals. By staying vigilant and mindful of your financial potential, you can prevent lifestyle creep from eroding your financial stability.
We’re excited to introduce our latest feature: Budgeted Expense Change Over Time.
This powerful tool provides a historical graph of your budgeted expenses, allowing you to visualize how your spending behaviour has evolved over time. Take control of your finances and explore the patterns of your budgeted expenses with ease.
Stay tuned for more tips of how to get the most out of your Moorr Account.
