It’s surprising how many people earning more than most Americans still feel like they’re barely getting by.
According to a Bloomberg report, even those making over $175,000 a year – which puts them in the top 10% of U.S. earners – often don’t see themselves as “rich.” A quarter of those surveyed said they felt “very poor,” “poor,” or “just getting by” despite being in a financial position many would envy.
More than half of those surveyed expressed concerns about their financial future, with 25% doubting they would ever surpass their parents’ financial standing.
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So, what’s behind this disconnect? Why do people who seem to have it all still feel like they’re falling behind? One major factor is that while their incomes are high, so are their expenses.
Things like housing costs, education and basic living expenses have skyrocketed, leaving many feeling financially stressed. According to the latest Consumer…
