Updated Jan 12, 2021 | 12:35 IST Earnings are not necessarily uniform over all the years of one's life. Here's how to manage money well so that your surplus cash flow is saved to bolster a more comfortable retirement. Manage your money well | Photo Credit: Representative Image Key Highlights Lifestyle creep is a condition that happens when a gain in income makes one justify the increase in spending on non-essential items. When the standard of living has improved, one feels luxury goods are a vital necessity and reason flies out of perspective. The sad part of this phenomenon is that many a time when income decreases due to illness, unemployment or retirement, people run out of savings as they continue to live above their means.