The term Golden Handcuffs is often used to describe a financial incentive that keeps an employee from leaving a company. The employee is locked into such a sweet high paying position that they simply can’t afford to leave. However, this term can be applied to your position in life as well. Escalating Expenses When most people get high paying jobs and start earning a lot of money, the first thing that they will do is increase their standard of living to match their new wage. The new flat screen television, the recent model car, the larger house, and the expensive hobbies all start rolling … [Read more...]