New Money New Problems Podcast STILL Living Paycheck to Paycheck on $250,000+
In this episode, Brenton Harrison reflects on a past podcast episode from 2022 that discussed the challenge of living paycheck to paycheck even with a high income. Revisiting the topic, he shares additional insights he's gained over the past three years.
This episode covers reasons why high-income earners may still struggle financially, strategies to establish a financial foundation, and personal experiences and lessons learned.
Key actionable steps include stopping retirement contributions temporarily, halting extra debt payments, evaluating subscription services, and reducing lifestyle expenses. He also emphasizes the importance of staying marketable, prioritizing small financial goals, and avoiding comparisons with others to maintain financial health.
00:45 Revisiting a 2022 Episode
02:19 High Income, Paycheck to Paycheck
05:04 Understanding Financial Struggles
09:45 Immediate Steps to Build Savings
16:27 Additional Insights from 2025
16:54 Personal Experiences and Advice
21:58 Staying Marketable and Setting Goals
24:11 Looking Ahead