Some 42% of $200,000 Earners Avoid Checking Their Bank Accounts Due To Stress — And Half Say They'd Need Double Their Income To Feel Secure - video Dailymotion

Benzinga

New Harris Poll data shows many six-figure earners no longer feel financially secure, with a majority saying their income now resembles survival mode. High earners report essential costs—not luxury spending—are draining their budgets, pushing many toward credit cards, buy-now-pay-later, and side hustles. Over half say the American Dream feels unattainable.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Six-figure households say high incomes no longer guarantee financial comfort,

00:06according to new research from the Harris Poll.

00:08Survey shows 40% of earners making at least $100,000

00:11have avoided checking their bank balance to reduce stress

00:14and that shares climbed to 42% among those earning $200,000 or more.

00:18Harris reports that 64% of six-figure earners

00:21view their income as survival mode, not a sign of wealth,

00:24while 52% say the American dream feels out of reach.

00:26High earners say their money is being drained by groceries,

00:30essential household costs, housing, medical expenses,

00:33emergencies, and transportation rather than luxury spending.

00:36Many high earners are relying on credit cards, buy now, pay later,

00:40side hustles, and personal cutbacks to cover basic expenses

00:43because one income no longer feels sufficient.

00:46For all things money, visit Benzinga.com.

Some 42% of $200,000 Earners Avoid Checking Their Bank Accounts Due To Stress — And Half Say They'd Need Double Their Income To Feel Secure

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