Fifteen years ago, April Little never imagined that making $300,000 a year wouldn’t feel like the financial freedom she always dreamed of. At 38, living in Rochester, New York, April once thought that a high salary would mean no more financial worries, a cozy home, and the perfect life. But now, she finds herself realizing that even with a high income, financial stress is still very real. “I don’t want to sound ungrateful,” April admits, “but when I reached what I thought was the top, I realized there are so many expenses. I still don’t even own a home.”
April is part of a group often referred to as “HENRYs,” or "High Earners, Not Rich Yet." These are people who make a lot of money but don’t feel wealthy because the cost of living—especially for things like housing, education, and child care—keeps rising.
The Expensive Reality of Earning Big
April’s executive-coaching business brings in multiple six figures, but she’s still carrying $90,000 in college and grad school debt...
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