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What are high earners not rich yet (Henrys)?
What Are High Earners, Not Rich Yet (HENRYs)? What Are High Earners, Not Rich Yet (HENRYs)? A HENRY is a "high earner, not rich yet" consumer who earns between $100,000 and $250,000 a year. Learn what a HENRY means for retailers and financial firms.How can a Henry (high earner not rich yet) make ends meet?
HENRYs (high earners, not rich yet) may not be struggling to make ends meet, but that doesn’t mean they’re financially thriving either. Ways for HENRYs to secure their finances include refreshing their budget, paying down debt, investing beyond retirement and working with a financial advisor. What Is a HENRY (High Earner, Not Rich Yet)?Why is Henry a good investment?
If they can establish a strong relationship with a HENRY, they stand to benefit from the wealth the HENRY accumulates in the future. Because there are many more HENRYs in the world than there are ultra-rich or high net worth individuals (HNWIs), the HENRY demographic is ideal for companies selling expensive goods and services.