Households earning $300K-$500K live paycheck to paycheck more than those making $50K-$100K. How you can avoid this trap

A survey from Goldman Sachs found that 41% of households earning $300,000 to $500,000 live paycheck to paycheck, compared to 36% of those earning $50,000 to $100,000. Households earning $200,000 to $300,000 reported the lowest financial strain, with only 16% living paycheck to paycheck. This phenomenon is attributed to 'lifestyle creep', where spending increases alongside income.