SHOW / EPISODE

Guppies & HENRYs: When High Earners Feel Broke and Property Dreams Die

Season 1 | Episode 3
24m | Sep 15, 2025

Exploring why some professionals are giving up on homeownership while six-figure earners claim they're struggling - and what it says about modern financial priorities. 

Welcome to another episode of "That Should Be Working" with Rich and Coll! This week we're diving into two fascinating financial phenomena shaking up the professional world; Guppies and HENRYs


What’s a Guppy?

The "Given Up on Property" generation - professionals who've abandoned homeownership dreams. They explore the idea of young professionals preferring a paid-off car than a mortgage - what does this mean for finances today?


Who is HENRY?

Not a person, but a group of people. High Earners, Not Rich Yet - why the £100k+ earners claim to feel financially squeezed. Are we losing the plot in the professional work if this is truly the case?


What Else We Cover:

  • Individual vs Social Pressure: How peer groups shape our financial expectations
  • Relative Poverty: Why context is everything in financial wellbeing


Key Takeaways:

  • Financial wellness is deeply personal and circumstantial
  • High earnings don't automatically equal wealth or security
  • Geographic location dramatically impacts lifestyle affordability
  • Sometimes "giving up" on traditional goals can be liberating
  • The importance of defining wealth for yourself


Referenced:

  • The i Paper article on Guppies (May 2024) 
  • Various publications covering the HENRY phenomenon
  • Real case studies from Edinburgh and London


Join us as we debate whether these trends represent realistic adaptation or privileged complaints, and what they mean for the future of work and lifestyle in the UK.

Listen in, join the debate and let us know your comments.

Get us at @thatshouldbeworkingpod on Instagram, LinkedIn and TikTok.


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