Many six-figure households earning more than $160,000 annually are “on thin ice,” while the income bracket below them are actually more “comfortable” thanks to their financial position.
The wealthy who are at financial risk are “high earners whose lack of budgeting and profligate spending has them overleveraged and exposed,” the report explained. “While they appear to be doing well from the outside, they are only a step away from re... [4821 chars]