Source: Six-figure earners ‘living illusion of affluence’… Working side hustles, skipping meals…
In fact, those making $200,000 or more have resorted to financial tactics that are often associated with less wealthy consumers. For example, 64% said they’ve used rewards points to pay for essentials, 50% have used “buy now, pay later” plans for purchases under $100, and 46% rely on credit cards to make ends meet.
The Harris Poll report also revealed how those top earners are avoiding expenses. 49% skipped a social event so they wouldn’t have to split a check, 48% have pretended an app like Venmo or Zelle wasn’t working to dodge a payment, and 45% held off on medical care because of the cost.
“The illusion of wealth is exhausting! Many top earners say people assume they can afford it all, yet behind the image of success are quiet sacrifices: skipped purchases, delayed plans, and a fragile sense of security,” the report said.
