Making 6 Figures But Still Not Growing Wealth? Here’s Why…

The big 3 things that prevent wealth

You’ve hit the six-figure mark, which is a major accomplishment. But does part of you feel like something is still holding you back financially? The truth is, even with a great paycheck, old money beliefs from your past can keep you from reaching your full potential. 

Here are 3 signs that your past is getting in the way of your future —and how you can change that…

1. You’re Focused on Earning, But Not Growing Your Wealth

You’ve worked hard to get where you are, and you’re good at making money, but if your parents emphasized earning without teaching you how to invest and grow that money, you’ll find yourself in a cycle.

What you can do about it:
Maybe you’re sitting on cash but aren’t sure where to start when it comes to investing or making your money work for you, then start by investing in S&P 500 index funds for a set amount every month. You don’t need to become an investment pro overnight, but just use the basic strategies like index funds or mutual funds to get you started. 

Look for funds that are either based on an index like the S&P 500 or mutual funds that are based on a risk strategy like a “balanced fund” or “growth fund”. You can find these type of funds anywhere you have a brokerage account. 1

If you’re feeling unsure, work with a financial advisor who can help you map out a plan to turn your income into long-term wealth. The goal is to build something that grows without you having to constantly grind for every dollar.

2. You’re Avoiding Big Financial Decisions

You might have a great income, but are you avoiding the deeper aspects of financial planning? If your parents avoided conversations about money or pushed off decisions, you may be doing the same—whether it’s delaying estate planning, ignoring debt, or pushing off retirement planning. And even though you’re earning a lot, that avoidance can cause unnecessary stress and make you feel like you’re not fully in control.

How to face it:
High income doesn’t mean you should ignore financial planning. Take control by setting up regular check-ins with a financial planner or advisor, setting up a financial plan, or addressing any debt you may have. This may sound complicated but it’s super easy because your advisor does most of the work for you. 

3. You’re Spending to Look Successful, Not for True Freedom

Let’s be real—there’s a lot of pressure to look successful, especially when you’re earning good money. If your family invested in appearances or luxury items, you might find yourself doing the same, even though you know that’s not where your real fulfillment comes from. As a financial advisor that specializes in this, I also see people that grew up low income fall into the looking successful trap because they feel they “deserve” nice things now. But that’s just you trying to heal the little child in you that;s still upset they didn’t get what they wanted and “deserved” when they were small. 

How to shift your mindset:
Instead of focusing on what people think, start thinking of what YOU think and where these insecurities may stem from. That means shifting your behavior to healing from within vs. feeding your ego or trying to heal old wounds with shopping sprees. 

Spend in a way that aligns with your values and long-term goals, rather than chasing an image. Financial success isn’t about status—it’s about creating the life you want on your terms and growing in the process.

Let’s Rewrite Your Money Story

You’ve already achieved what so many people strive for by earning a high income. Now it’s time to make sure those old money beliefs don’t limit your future. By focusing on growing your wealth, facing your financial decisions, and spending in alignment with your true goals, you can break free from the past and unlock a future of financial freedom and fulfillment. 

It takes most people months to let go of the old financial beliefs ingrained from childhood. It’s why I created a money relationship sheet to help high earners take back control over their money and grow the wealth they deserve. Click here to get it for free! 


If you or someone you’re close to is a high-achieving professional who could use help establishing a solid financial plan and upgrading their money mindset, reach out to us. We’re accepting new clients and eager to help. Click here to schedule a call.

  1.  The S&P 500 is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States. Indexes are unmanaged and cannot be invested in directly. (102-LPL)  ↩︎


*Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. All content on this site is information of a general nature and does not address the circumstances of any particular individual or entity.

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