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Just because someone makes a lot of money doesn’t mean they are smarter with it. GaudiLab / Shutterstock.com
You might assume someone earning $100,000 a year could never be living paycheck to paycheck. But it can happen to anyone. In fact, by one measure, some 40% of Americans who make that much do. That doesn’t mean they’re close to starving, of course — just that they are as reliant as anybody else on regular cash flow to pay the bills. Following are some common but not necessarily obvious ways…
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