Financial Education #43: Pay Rise Trap

Words
64
Reading
1 min
Listen
Play
5y


The pay rise trap. When we start earning more money, we have the opportunity to spend more money.

However, this leaves us in a position where we aren't necessarily growing our wealth as our expenses are going up. Our riches are increasing, our lifestyle is increasing, yet our wealth is not increasing.

Some food for thought.


▶️ 3Speak