Lifestyle inflation takes extra money and turns it into a vain attempt to buy joy. Avoid it by changing your perspective on money and happiness.
When people see us make a lifestyle change — even a positive one like frugality — their responses often resemble the Five Stages of Grief.
Many struggle with large credit card balances instead of saying to others, "I can't afford that," but recognizing financial limits is one key to financial freedom.
How do you resist the urge to spend money when you're with less-than-frugal friends? 5 tips inside.
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Featuring Wise Bread's interviews with subject experts.