1 min readAug 2, 2020
Yes! You've also avoided what's called "lifestyle inflation." This is basically when people start earning more and not only consequently buy more expensive things, but they actually end up saving the same amount of money they used to on their previous salary. For ex: someone makes from 40k, saves 15% of their income (~6,000), then jumps 80k, and STILL saves 6k a year. Invest and make sure you adjust your savings based on your salary/inflation!