Lifestyle Inflation and Debt
You just got promoted from 200,000 naira to 350,000 naira. Naturally, you think, “Time to upgrade my phone, start weekend brunches, maybe even grab a new car.” Three months later,…
You just got promoted from 200,000 naira to 350,000 naira. Naturally, you think, “Time to upgrade my phone, start weekend brunches, maybe even grab a new car.” Three months later,…
Why earning more doesn’t always mean saving more You just got promoted from 150,000 naira to 450,000 naira a month. Feeling like a boss, you upgrade your phone, start brunching…
You just got promoted. Your salary jumped from 250,000 naira to 400,000 naira. Naturally, you think: “Time for a new iPhone, a better car, and weekend vibes at Sky Restaurant.”…
Your raise doesn’t mean instant freedom You got promoted from 300,000 naira to 500,000 naira a month. Excited, you’re thinking iPhone 16, designer sneakers, and weekend vibes at Sky Restaurant….
What the heck is lifestyle inflation, anyway? You get a raise. You upgrade your phone. You start eating out more. Next thing you know, your spending has caught up to…
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