#081 What is a HENRY And 5 Common Mistakes They Make

Why are so many people making over $100,000 a year living paycheck to paycheck?

This is a demographic called HENRY, High Earner, Not Rich Yet.

Part of the problem has to do with the new amount of options they have available to them. It lifts them into a new category of spending and the lifestyle options increase.

Once we add FOMO and CYTO to this equation along with poor discipline, we get a recipe for what we see now. People making lots of money with living paycheck to paycheck.

So how can HENRY's avoid falling into this? Turns out the lessons are quite universal. Let's talk about the 5 most common mistakes they make and what to do about it.

Please Give A Review

If you like the show, it'd be awesome if you could take 10 seconds and leave a review on Apple Podcasts (click here to leave a review)

Connect With Stephen

Visit our website at www.lifebuilder.co

Connect with me on LinkedIN

Get the show and additional episodes on YouTube

About the Podcast

If working a 9-5 for 60 years so you can retire with a little money and die a few years later is what you want to do, then this is not the podcast for you.

Stephen is an executive coach that works with executives and entrepreneurs to build the life that they want, personally and professionally.

This podcast is about contrarian investment strategies around time, energy and money to build the 4 types of wealth and utilize lifestyle design to create the life we want. The interviews are with hi-earning individuals on how they make money so you can copy us and grow wealth too!

Reaching that first $100k milestone is crucial and then the game changes.

Learn how the wealthy view time, energy and money so you can apply these proven strategies to your life.