(HENRY) High Earners, Not Rich Yet

"High Earners, Not Rich Yet" (HENRY) is a term used to describe a group of individuals who have high levels of income but have not yet reached the level of wealth or financial stability that would classify them as "rich". HENRYs typically have high salaries, but also have significant expenses, such as student loans, housing costs, and other debts, that prevent them from accumulating significant wealth. Despite their high earning power, HENRYs often struggle to save and invest enough to reach their financial goals, and may feel like they are living paycheck to paycheck. To achieve financial stability, HENRYs may need to focus on reducing their expenses, increasing their savings, and developing a sound investment strategy.