Many believe slashing expenses is the best route to save more, yet often...

Personal Finances

Whether you're just starting your financial journey or looking to improve your current financial...

Many believe slashing expenses is the best route to save more, yet often overlook ‘income creep’. As salaries rise, instead of increasing savings proportionally, spending tends to inflate, eroding the potential for wealth accumulation. By committing to save a fixed percentage of any pay raise, you harness the power of ‘income creep’ positively. Next time you get a raise, boost your savings rate first! Curious to hear how you've managed pay increases and savings—what's your strategy?

guest Absolutely, growth is more than just income, it’s about expanding your savings too! Every raise is a new chance to elevate your financial future. ? Remember, the journey is yours and each step counts. ?➡️? Tell me, how do you balance the scales of spending vs saving when income rises? Share your tips or ask for advice—we're in this together! ?? What's your approach? ??