The world changes all the time, our lives change and so does our vocabulary. Over the last decade, a good amount of terms have been born and have become a part of our culture and everyday life. There is a new concept that I have heard of recently and has been an eye-opener to me. I wanted to share this with you in today’s post.   LIFESTYLE INFLATION   What does lifestyle inflation refer to?     The best example of lifestyle inflation is when someone gets a pay rise and buys a new car that, therefore, increases his monthly car expenses, to the point where that individual never gets…