It's not exactly lifestyle creep. The things that are expensive have changed. "Luxury" is cheap - travel, electronics, and specialty goods have never been more accessible. Meanwhile, basic necessities like housing, education, and healthcare have outpaced salaries massively. That's why telling younger people to just live more frugally misses the point. The things actually eating most of their salaries are not things they can afford to cut back on.
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u/Strawman15 13h ago edited 11h ago
It's not exactly lifestyle creep. The things that are expensive have changed. "Luxury" is cheap - travel, electronics, and specialty goods have never been more accessible. Meanwhile, basic necessities like housing, education, and healthcare have outpaced salaries massively. That's why telling younger people to just live more frugally misses the point. The things actually eating most of their salaries are not things they can afford to cut back on.