Comment & Analysis
High earners are feeling the pain of wealth creep—and it’s leading to a new tradeoff in their spending
Some of investing’s top voices have always warned against lifestyle creep. You have Warren Buffett still driving a beat-up car and living in his modest Nebraska home; Sheraton Hotels and Purdue Farms heiress Mitzi Perdue flying economy and wearing hand-me-downs; actress Keke Palmer keeping her rent below $1,500, and…
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