Meet the HENRYs: The millennials making 6-figure salaries who have 'pleasure funds' and enough money to travel — but still say they feel broke

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What is a HENRY? The acronym is used for millennials who earn between $100,000 and $250,000 but feel broke because of their luxury lifestyle and debt.

HENRYs are a group of people, mostly millennials, who earn between $100,000 and $250,000 but feel broke, reported Melkorka Licea for The New York Post. Short for High Earner Not Rich Yet, the term HENRY was originally coined by Shawn Tully for Fortune Magazine nearly 20 years ago. Millennial HENRYs have a penchant for a lavish lifestyle, but when combined with student-loan debt and living costs, there's not much money left over for wealth building.

HENRYs are a group of people, mostly millennials, who earn between $100,000 and $250,000 but feel broke, reported Melkorka Licea for The New York Post. Short for High Earner Not Rich Yet, the term HENRY was originally coined by Shawn Tully for Fortune Magazine nearly 20 years ago. Millennial HENRYs have a penchant for a lavish lifestyle, but when combined with student-loan debt and living costs, there's not much money left over for wealth building.

 

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cc: itsathing

I would have another name for them I think.

😢

Nah. I’m good.

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