Oh, HENRY!

Don't bite off more than you can chew...
(Public Domain)

As long as we’ve come up with stereotypical  Karens, we might as well add some HENRYs to the mix.

Whereas “Karen” is a caricature, HENRY is actually an acronym for “High Earners, Not Rich Yet.”  Although their annual salaries generally range from $250,000 to $500,000, this does not translate into substantial savings.

Considered to be “asset-poor,” HENRYs are often overwhelmed by locked-in debts and taxes.  Their keeping-up-with-the-Joneses lifestyle is by no means cheap.

So what’s a HENRY to do?  Can a simpler path be followed?  Perhaps not easily and perhaps not immediately, yet some movement toward economic and egoic downsizing might greatly help.

Resources

https://news.yahoo.com/news/finance/news/6-figure-salary-still-don-190220885.html