There is a dangerous assumption that earning a high salary automatically makes you good with money. In my experience, the exact opposite is often true. High earners have more rope to hang themselves with.
When you earn £150k, the banks will throw credit at you. You can finance the Range Rover, the luxury holidays, and the expensive watches. The cashflow covers the monthly payments, so everything feels fine.
The Illusion of Wealth
This is the ultimate lifestyle creep trap. You look wealthy, but your net worth is tied entirely to your next payslip. If the corporate job disappears, the house of cards collapses within weeks.
True wealth is not what you spend; it is the unspent money sitting in your investment accounts buying you freedom. The fix starts with acknowledging that a high salary is an offensive weapon. If you don't build a defensive system (cashflow planning and investing), you will work until you are 70, completely trapped by your own lifestyle.