Managing lifestyle inflation

Perhaps this topic could have been tied into the subject of managing your personal finances, but I thought of taking this out for some much needed emphasis.

Think back to when you were just a mere student. What made you happy and content?

Hmmm maybe it’s unwise to frame this within an existential and philosophical structure. I guess the best way would be to focus on a certain material aspects for illustration.

Let’s take food for example. Say, when I was 17 years old, having restaurant food for dinner would be considered luxurious and perhaps only warranted on special occasions. An all you could eat Japanese buffet that costs S$38++ per pax (say Hanabi, I recall that to be super popular at that time) would be a once in a year affair for birthdays, if we got lucky. Fast forward to 27 years old, a …