There is a misconception that financial wellness services are not needed by high-earning employees, but that couldn’t be further from the truth.
It may come as a surprise to learn that one out of every four families making over $150,000 a year is living paycheck to paycheck, according to data from Investopedia. This means all income is going towards expenses, putting individuals in the dangerous position of having no funds available to save. Twenty-three percent of individuals with incomes of $150,000 or more have less than $1,000 in savings, according to a GoBankingRates survey.
