Why lifestyle creep can cause HIFIs to spend ‘every cent they make,’ according to a financial planner
Sherwood News reported millennials and Gen Zers were especially big spenders. The age groups were responsible for a 22% gain in luxury spending in 2022, a Bain & Co. report published in January 2023 found. They spend money on luxury fashion, travel, and restaurants — either taking inspiration from their favorite celebrities or responding to … Leer más