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Suze Orman Shares Why People Making $100k End Up With Less Money — 'The More Money You Make, The More Money You Spend' [Yahoo! Finance]
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A study conducted by SecureSave revealed that 35% of employees with annual earnings of $100,000 or more are living paycheck to paycheck. Additionally, the research uncovered that 64% of individuals in this income bracket experience financial stress severe enough to affect their productivity at work. Don't Miss: The average American couple has saved this much money for retirement — How do you compare Reddit user reveals his retirement account's “hourly wage” — here's how much your money really makes per hour Orman, co-founder of SecureSave, commented on these findings, describing them as "absolutely fascinating," in an interview with GoBankingRates. In the interview, she said the primary reason many high earners find themselves in this situation is due to increased spending habits. "The more money you make, the more money you spend," she notes. This lifestyle inflation is particularly prominent among those who feel pressure to uphold a status that matches their income. Orm
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