Earning ₹1.2 lakh a month, but just ₹5-8K remains: 28-year-old asks if lifestyle inflation is to blame

Despite receiving a significant salary increase, a Reddit user continues to struggle with financial stress. Seeking advice, they were encouraged by fellow users to effectively manage lifestyle inflation and escalating expenses. Suggestions included meticulously tracking spending habits and distinguishing between necessities and luxuries. Observing expenses over a few months can reveal financial leaks, while postponing major lifestyle changes after salary hikes can also help curb overspending.
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