Senior Corporate Counsel

Becoming a six-figure earner is often touted as a critical financial milestone, but if you don’t know how to manage your money well, earning more won’t solve much. Rather than spending your full paycheck all the time and putting yourself at serious financial risk if faced with a job loss or unexpected expenses, there are things you can do to take advantage of your high income and set yourself up for long-term success. Advertisement: High Yield Savings Offers Powered by Money.com - Yahoo may earn commission from the links above. Read Next: 7 Signs You’re Quietly Getting Rich, According to Frugal Living Expert Austin Williams Learn More: Here's the Minimum Salary Required To Be Considered Upper Class in 2025 In particular, here are three milestones that indicate you’re managing your money well on a $100,000-plus income, according to a recent video from Humphrey Yang, a former financial advisor and current entrepreneur. Also see eight books Warren Buffett recommends to help you manage money better. Lifestyle inflation often explains why high-income earners still often live paycheck to paycheck

The shifting economy that we have witnessed lately, and the insurance that goes with it, is no longer just a defensive measure, it’s becoming a growth signal. The types of coverage gaining the most traction reflect broader macro forces: cyber threats, climate volatility, digital lifestyles, and the evolving structure of modern businesses.This article will double as a practical insurance guide for investors, startups, and innovation-driven companies looking to understand where risk and opportunity are converging.From cyber liability to pet insurance, the fastest-growing segments aren’t just reacting to change, they’re shaping it. Here’s a closer look at the insurance categories attracting the most customers and why they matter more than ever.1. Cyber InsuranceWith cyberattacks on the rise, especially ransomware targeting small and mid-sized businesses, cyber liability insurance is one of the fastest-growing segments. According to multiple industry reports, demand has grown by double digits year over year, businesses are recognizing that a data breach can do more damage than a natural disaster, both reputationally and financially. As technology continues to advance and cyber threats become more sophisticated, the need for cyber insurance coverage will only continue to increase in importance.2

“The current interest rate makes us think it would be better to use our money to pay cash for the investment property.” (Photo subjects are models.) - Getty Images/iStockphoto My husband and I are empty nesters in our mid-40s. Our kids are grown and self-sufficient. We are self-employed and make $115,000 per year combined. We have $40,000 in credit-card debt, two financed vehicles with $100,000 in debt combined, and owe $220,000 on our home at a 3% interest rate. We don’t have any savings or retirement funds. We are expecting a $300,000 (all profit, post-tax) lump sum in the near future