Updated Jan 12, 2021 | 12:35 IST
Earnings are not necessarily uniform over all the years of one s life. Here s how to manage money well so that your surplus cash flow is saved to bolster a more comfortable retirement. Manage your money well | Photo Credit: Representative Image
Key Highlights
Lifestyle creep is a condition that happens when a gain in income makes one justify the increase in spending on non-essential items.
When the standard of living has improved, one feels luxury goods are a vital necessity and reason flies out of perspective.
The sad part of this phenomenon is that many a time when income decreases due to illness, unemployment or retirement, people run out of savings as they continue to live above their means.
party establishment, if you want to phrase that it way and the tea party freshmen. can both sides work together to come to a final deal? joining us now are tea party patriots co-founder jenny beth martin and republican congressman duncan. how do you respond to thaddeus mccotter s call that the tea party grow up ? he is implying that the tea party is part of the republican party. we never said that we were. we promised in october and november of last year we are going to hold both sides accountable to hold their feet to the fire. that is what we are doing. $14 trillion in debt is too much. time to stop overspending. shannon: congressman, for those who are taking a hard line and sticking to the pledge that they made and what they ran and were elected on, is it complicating the job to try to find a compromise in washington? do you think there is room for the view points? there is room for all viewpoints michigan whole thing with this is stay on offense. keep hooking and jabbing, ke
wake up. shannon: strong words from presidential candidate thaddeus mccotter about the party establishment, if you want to phrase that it way and the tea party freshmen. can both sides work together to come to a final deal? joining us now are tea party patriots co-founder jenny beth martin and republican congressman duncan. how do you respond to thaddeus mccotter s call that the tea party grow up ? he is implying that the tea party is part of the republican party. we never said that we were. we promised in october and november of last year we are going to hold both sides accountable to hold their feet to the fire. that is what we are doing. $14 trillion in debt is too much. time to stop overspending. shannon: congressman, for those who are taking a hard line and sticking to the pledge that they made and what they ran and were elected on, is it complicating the job to try to find a compromise in washington? do you think there is room for the view points? there is room for all