‘High Earner, Not Rich Yet’: How To Tell If You’re A ‘Henry,’ Based On Your Salary, Savings, And Lifestyle

Are you a millennial who earns six figures and still feels broke? Then you might be a “Henry,” short for “high earner, not rich yet.” While there are certain markers to identify Henrys, such as earning over $100,000, they’re ultimately defined by how they live their life: They have a comfortable lifestyle above their means and struggle to balance it with saving for the future. It’s a combination of habits that puts them on a slow path to building wealth and leaves them feeling financially strapped. Click to continue reading…

 

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