Why are so many people making over $100,000 a year living paycheck to paycheck?

This is a demographic called HENRY, High Earner, Not Rich Yet.

Part of the problem has to do with the new amount of options they have available to them. It lifts them into a new category of spending and the lifestyle options increase.

Once we add FOMO and CYTO to this equation along with poor discipline, we get a recipe for what we see now. People making lots of money with living paycheck to paycheck.

So how can HENRY's avoid falling into this? Turns out the lessons are quite universal. Let's talk about the 5 most common mistakes they make and what to do about it.