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The first tool for keeping lifestyle inflation under control is your budget. If you look at a new expense and see that you literally can't afford it and it's going to make your financial situation shaky, just say no and forget about it. Lifestyle inflation becomes a problem if you end up going into debt or stretching your finances too thin.
Next, think about what's called the opportunity cost. While you may be able to afford that expense it could come at the expense of some of your other goals. Even though it's hard to think long term, consider how that new lifestyle expense will affect your retirement goals or any other of your important goals.
You also need to consider the long-term effects that new expense might lead to. Be aware of how a lifestyle inflation expense will affect your overall budget and what will happen down the road. One good strategy is to focus on percentage. This is where you spend a certain percentage of your income on luxuries, savings, housing and so on. If you do this and your income increases the value of each of your spending and saving categories stays the same. But you get to have a better lifestyle and save more.
It's not necessarily overspending
Lifestyle inflation doesn't necessarily mean living beyond your means. It isn't inherently bad or evil to spend money. Money, in general, is just a tool for financial freedom. There's nothing wrong with spending it and living a better lifestyle than you did when you' were in college. But never spend to the point where money is in control of you rather than you in control of it.