What to do about the lifestyle creep | Taboo money chats with Dyl Buckley
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Description
The saying goes that comparison is the thief of joy. But when it comes to your finances, comparison can also seriously derail your financial goals. It's true, most of us will experience the lifestyle creep to some degree throughout our lifetime... particularly in a time where comparison is rife on social media. Who can blame you if your first thought when receiving a pay rise is to treat yourself! This week, Mads and Soph chat with Dyl Buckley about each of their experiences "keeping up with the Jones'". We discuss how Dyl's money mentality has been shaped by his family experiences growing up, how he navigated fluctuating pay as a football player, some of his biggest money mistakes (and what he learnt!), and how to align your spending with things you truly value. But the conversation doesn't end here... we want your thoughts! Have you succumbed to the lifestyle creep? Was there a way to break the cycle?How does comparison influence the way you spend money?What are your core values that you will always spend money on? Send your thoughts to these questions, or anything else from our chat to [email protected] for our brand new newsletter. And don't forget to subscribe whilst you're at it! Landing in your inbox each Monday. Keep track of Sophie and Maddy between the episodes on Instagram, or on TikTok, and come and be part of the conversation on Facebook with our You’re In Good Company Discussion Group. This episode is brought to you by Up, the digital bank for our generation. Download and sign up to Up and use the code YIGC and they’ll deposit $10 into your bank accounts. That’s Up, easy money. T&Cs @ up.com.au/terms. ***** In the spirit of reconciliation, Equity Mates Media and the hosts of You’re In Good Company acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.  ***** You’re In Good Company is a product of Equity Mates Media.  This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives.  Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.  Equity Mates Media operates under Australian Financial Services Licence 540697. You’re In Good Company is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.
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