Lifestyle

Henrys — millennials who earn 6 figures but still feel broke — were forced into better money habits during lockdown, but they’re facing a new challenge as businesses reopen: resisting their old lifestyle

The term “Henry” – short for “high earner, not rich yet” – is typically used for millennials in their 30s who earn over $US100,000, but who still feel broke. When lockdown stripped Henrys of some of their favourite splurges, like travelling and entertainment, they finally started to save, two financial […]
Henrys — millennials who earn 6 figures but still feel broke — were forced into better money habits during lockdown, but they’re facing a new challenge as businesses reopen: resisting their old lifestyle
Lifestyle

Here’s why so many millennials making 6-figure salaries still feel broke

How is it that some millennials making six figures still feel broke? This cohort, who are known as “Henrys,” typically earn over $US100,000, are largely millennials, and struggle to balance their saving and spending habits. Henrys fall victim to lifestyle creep, preferring a comfortable, often expensive lifestyle that leaves them […]
Here’s why so many millennials making 6-figure salaries still feel broke
Lifestyle

Meet the ‘Henrys’: The millennials making 6-figure salaries who have ‘pleasure funds’ and enough money to travel — but still say they feel broke

“Henrys” are a group of people, mostly millennials, who earn between $US100,000 and $US250,000 but feel broke, Melkorka Licea reported for the New York Post. Short for “high earner not rich yet,” the term Henry was coined by Shawn Tully at Fortune magazine nearly 20 years ago. Millennial Henrys have […]
Meet the ‘Henrys’: The millennials making 6-figure salaries who have ‘pleasure funds’ and enough money to travel — but still say they feel broke