The Wealth Paradox: Why Some High-Income Earners Have Low Net Worth

By Aaron Cirksena High earnings provide the potential for high net worth, but they don’t guarantee it. Hence the existence of HENRYs, the embodiment of the wealth paradox. HENRY stands for “High Earners, Not Rich Yet.” Essentially, a HENRY is someone who is earning a high amount of discretionary income but is not managing it [...] The post The Wealth Paradox: Why Some High-Income Earners Have Low Net Worth appeared first on ETF Trends .