We all know that Inflation is the biggest enemy of our money but more than that the problem in today's world is lifestyle inflation like getting a new gadget, a big home or anything latest. People buy all these on EMI's and then spend all their life paying that EMI. 

![image.png](https://images.hive.blog/DQmbkxZsgk3J9KbPtUQSh8gDSjGTh5XuKx2NPccR5UCGE53/image.png)
PC: Pixabay.com

Since there are so many advancements in technology, we want to get hold of every new thing in the market. And thus when a person chooses to buy those every now and then are actually increasing his/her lifestyle inflation to a greater extent.

For example, Someone would buy a house worth Rs. 25 Lakhs but will opt for Rs 50 lakhs because of lifestyle changes as well as in future he might opt for an even bigger one. This is all about Lifestyle expenses which can shoot if you don't keep a tab on it.

There are a few ways to beat lifestyle inflation. Like investing to get more returns or investing more now so that even if the returns are not in the expected lines, you can easily get the future value. If you want more money in the future you have to invest more. But again for investing more you have to either earn more or reduce expenses. The better option to control lifestyle inflation is to reduce expenses and not run after every new gadget in the market. To control lifestyle inflation best thing is to increase your investment first when your salary increases and then whatever amount is left off, you can buy gadgets you are looking for.

If we take care of generic investment to plan our future money whereas along with that we should keep in mind lifestyle inflation which can badly affect the future value of your goal, then I guess we will be in safe hands.


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