Many people end up spending the extra money when they get a raise at work. Lifestyle inflation is SO hard to combat, especially when it feels like everyone around you has everything these days (spoiler: they don’t, social media just makes it feel that way). . Next time you ask for a raise though, commit to maintaining your current lifestyle and using that money to start building your retirement investment accounts. Play around with an investment calculator, you’ll be shocked by what a difference this can make! . Note, these examples used a 10% rate of return. . #financialeducation #canadianfinance #financialeducator #financetiktok #money #money #financialeducationcanada #personalfinance #financialeducator