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Benzinga
Benzinga
Business
Marc Guberti

Ramit Sethi Lays Out the Most Common Money Traps—And How To Dodge Them Before It's Too Late

Ramit Sethi Seth
Ramsey Says Broke People Give The Most Money Advice

A high salary doesn't guarantee that you'll escape a life of living paycheck to paycheck. Approximately one-third of Americans making $250,000 per year are one missed paycheck away from falling behind on expenses. 

The higher cost of living has made it difficult for most people to stay afloat, but the impact on high earners is astonishing. However, the cost of living isn't entirely to blame, especially for most Americans who earn more than $250,000 per year.

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