Tips for HENRYs (High Earner Not Rich Yet) to Build More Wealth
Coined by Fortune Magazine, the term HENRY stands for “high earner not rich yet” and it typically refers to individuals and families who earn between $250,000 and $500,0000 but haven’t been able to amass any real worth yet. It may be difficult to understand how someone making this much money could feel like they’re not rich, but with high costs of living, the reality is that high-income earners often feel that they’re far from rich. Research on the subject shows that 25% of families making $150,000 or more are living paycheck-to-paycheck. When you think about a cost of living that seems […]