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Heres whyhigh earners are struggling with debt.
Soaring Insurance Costs
Home and auto insurance rates are rising sharply, hitting high-income earners particularly hard.
Higher earners with more expensive properties or multiple vehicles will naturally feel the brunt of these increases.
Mortgage Pressure
Owning a home has become more expensive than ever.
Despite strong stock market gains in recent years, the future of the market remains uncertain.
Whats Next?
Even high-income earners arent immune to financial issues.
Rising costs, coupled with economic uncertainty, are testing the limits of many peoples financial stability.
If this trend continues, even those earning six figures may struggle to stay ahead.
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