A Harris Poll survey reveals that 1 in 3 Americans making over $100,000 struggle financially, with 64% viewing six figures as survival mode, not wealth. Many high earners put necessities ahead of luxuries like vacations and wellness, resorting to credit card debt and fibbing on payment apps like Venmo to keep up appearances.

Despite inflation easing, 47% of Americans find it harder to afford groceries than a year ago. Food prices surged 18.2% in 2025, contributing to a 14.2% food insecurity rate. Housing costs have skyrocketed, with urban homeowners needing $118,300 annually to afford a typical home — an 87.5% increase from pre-pandemic levels.

With rising energy bills and insurance costs, households are feeling the squeeze. Child-rearing costs $29,419 annually, surpassing rent in some areas. Health care premiums are set to rise 6-7% in 2026. To combat financial strain, consider cutting expenses, refinancing debt, seeking higher pay, or exploring alternative income sources.

As Americans grapple with affordability challenges, political figures like Zohran Mamdani are capitalizing on the issue. President Trump calls affordability a Democratic “scam,” but the GOP is anxious about midterm elections. Rising utility costs, child care expenses, and stagnant wages are prompting families to tighten their belts and seek financial alternatives.

Read more at Yahoo Finance.: Half of wealthy Americans have lied about a Venmo glitch to avoid paying the bill. Why 6 figures is no longer enough