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Benzinga
Benzinga
Business
Caroline Lubinsky

Some 42% of $200,000 Earners Avoid Checking Their Bank Accounts Due To Stress — And Half Say They'd Need Double Their Income To Feel Secure

Online,Bank,Ecommerce,Money.,Savings,Account,Balance

Anyone who has ever stared at a card reader and silently begged for an approval knows that knot-in-the-stomach feeling. That reaction is usually blamed on tight budgets, but new research shows even households earning $200,000 a year are dodging their banking apps because the numbers on the screen feel stressful, not soothing.

According to new research from The Harris Poll, 40% of six-figure earners say they have avoided checking their account balance to reduce stress, and that share jumps to 42% among those earning $200,000 or more. Nearly half of people in this group also say they struggle with financial anxiety, and a majority feel guilty complaining about money at all because they know they earn more than most.

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