HENRYs — high earners, not rich yet — are a wide-ranging group often making over $100,000.
Business Insider spoke to six HENRYs across the country about how they're saving amid high inflation.
There's a wide variety of experiences and views among self-described HENRYs about their financial situations and goals.
AdvertisementTo keep savings high, he fixes many monthly expenses — he schedules four haircuts a year, and he goes to the grocery store once a month.
"Even the ones that are older and closer to retirement with $1-2 million in retirement savings, they're feeling the pinch as well, so it kind of made me feel better that I'm not alone," Eric said.
Persons:
HENRYs, —, Miles Goodloe, HENRY, he's, Goodloe, what's, He's, Robert Oszust Jr, Oszust, we're, Greg, Greg —, he's oversaving, they're, Sherry, She's, she's, Boresta, he'll, I'm, that's, Eric, who's
Organizations:
Business, Service, HENRYs, Social Security
Locations:
There's, Connecticut, Washington ,, Ohio