High Earners: Struggling Behind the Scenes

The Reality of Financial Stress Among High Earners

People making big bucks aren't as comfortable as they seem. A recent study shows that many six-figure earners are just getting by. They feel stressed about money and use tricks to make ends meet.

Common Financial Tricks

• 64% use rewards points for essentials
• 50% use "buy now pay later" for small purchases

Avoiding Spending

Nearly half skip social events to dodge splitting the bill. Others pretend their payment apps aren't working to avoid paying. Some even delay medical care because of the cost.

Biggest Expenses

• Groceries
• Housing
• Medical bills

Efforts to Make More Money

To make more money, they try side jobs, sell personal items, or skip meals. Some even rent out their homes or consider debt consolidation.

The Impact of Financial Stress

The study shows that many top earners feel exhausted. They worry about money even though they make a lot.

Economic Implications

This financial stress explains why more wealthy shoppers are seen at discount stores. It also shows that affordability is a big concern for many. If high earners start spending less, it could hurt the economy. The top 20% of earners have been driving growth, so their spending matters a lot.