High Earners Feeling Pinch, Adopting Frugal Habits

High-earning Americans, despite making six figures, are grappling with financial strain, according to a Harris Poll survey. Sixty-four percent feel their income is merely enough to survive, not a sign of wealth. Theyre resorting to tactics like using rewards points for essentials and buy now, pay later plans, with nearly half relying on credit cards. Alarmingly, forty-five percent have delayed medical care due to cost. This suggests a widespread economic anxiety, even among the affluent, indicating potential broader economic challenges.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.