BEAMSTART Logo

HomeNews

These former six-figure earners got trapped in jobs because of luxury ‘lifestyle creep’—they sacrificed it all and went in search of financial freedom

Fortune LogoFortune22h ago

These former six-figure earners got trapped in jobs because of luxury ‘lifestyle creep’—they sacrificed it all and went in search of financial freedom - Fortune

Quick Summary:

In an inflationary environment it's only going to get easier to fall foul of lifestyle creep.

These six-figure earners share what it was like to give it all up in search of greater financial freedom.

In a tight housing market, relatively higher interest rate environment and tariff-induced inflation increases on the horizon, even those on the upper end of the income scale are being backed into a corner by their outgoings.


More Pictures

These former six-figure earners got trapped in jobs because of luxury ‘lifestyle creep’—they sacrificed it all and went in search of financial freedom - Fortune (Picture 1)

or

Article Details

Author / Journalist: Eleanor Pringle

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-26 @ 09:00:00 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 1293 words

Reading Time: 8 minutes read

Sentences: 4 lines

Sentence Length: 324 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28214689

View Article Analysis

About Fortune

Fortune Logo

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 26 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "These former six-figure earners got trapped in jobs because of luxury ‘lifestyle creep’—they sacrificed it all and went in search of financial freedom" has 1293 words across 4 sentences, which will take approximately 6 - 11 minutes for the average person to read.

Which news outlet covered this story?

The story "These former six-figure earners got trapped in jobs because of luxury ‘lifestyle creep’—they sacrificed it all and went in search of financial freedom" was covered 22 hours ago by Fortune, a news publisher based in United States.

How trustworthy is 'Fortune' news outlet?

Fortune is a fully independent (privately-owned) news outlet established in 1929 that covers mostly economy and business news.

The outlet is headquartered in United States and publishes an average of 26 news stories per day.

It's most recent story was published 10 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #28214689
  • URL: https://chronographically.beamstart.com/news/these-former-six-figure-earners-17456584377970

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2025 BEAMSTART. All Rights Reserved.