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6-figure earning millennials developed better savings habits during the pandemic, but many still feel broke

Henry millennial

Summary List Placement

It’s a tempting world out there for Henrys

Short for “high earner, not rich yet,” Henrys are typically millennials in their early 30s earning over $100,000 and living in urban areas. The tend to live above their means and struggle to balance saving with spending, which leaves them feeling like they’re living paycheck to paycheck.

During lockdown, many were forced into better financial habits, saving as much as $3,000 a month in some cases. But that meant a new challenge as the economy reopened: resisting their old lifestyle.

So far, two financial advisors who work details ⇒

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