So let’s talk about lifestyle deflation? It is basically the idea that people want to decrease the amount of money they spend every month compared to their income.
Tracking your expenses can also show you how much your lifestyle is inflating. Perhaps you feel like you’re spending a lot of money but
your lifestyle is
actually deflating.
Lifestyle deflation can boost your finances and your life. You don’t need to be a minimalist or sell all your belongings and go live out of
a backpack.