We're high earners with student debt and kids. Here's how we continue to build wealth.

• The author shares strategies for HENRYs to maximize earnings and build wealth. • Budgeting, automation, and regular investing help manage high incomes and rising costs. • Maintaining lifestyle, avoiding upgrades, and seeking passive income support long-term goals.

From a sheer numbers standpoint, our family would qualify as high-earners. My husband earns a healthy salary and bonuses from his corporate job, while I bring in extra cash from my freelance business.

We're considered HENRYs — high earners, not rich yet. We're also millennials, with student loans, high interest rates, kids, and the rising cost of living to contend with. Here's how we make our money work for us.

We live on a budget

One of the earliest pieces of financial advice I ever received was to live on a budget, re