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Introverts can succeed in almost any job that interests them. Contrary to what many people might think, introverts aren’t necessarily shy, but they do like working independently or in small groups. They typically are drawn to inner thoughts and ideas versus focusing on external matters. In addition, they may prefer having some quiet time to reflect and recharge instead of a job that requires nonstop meetings.

Thankfully, there are plenty of jobs that can suit this personality type and offer a challenging and fulfilling career path. Read on to learn more.

Self-employment or jobs offering flexible schedules can benefit introverts who prefer to manage their own workload.

What Makes the Ideal Job for an Introvert?

According to conventional psychology, introverts prefer to spend time with just one or two people, rather than larger groups or crowds. They’re not necessarily loners; in fact, many have highly developed social skills. However, they tend to gravitate toward situations and environments in which they feel less pressure to react or respond quickly or to engage with multiple people (such as constantly leading major team meetings).

An ideal job for an introvert may allow them to:

•   Work independently

•   Work alone or in quiet spaces that allow them to think and deploy their analytical and decision-making skills

•   Focus on one task at a time

•   Engage one-on-one (or one-on-a-few) instead of in large groups

•   Leverage their empathy and creativity

What Kind of Work Does Not Fit an Introvert?

As noted above, jobs that require a lot of collaboration with or presentations to large groups of people may not be a great fit for introverted people. Introverts are likely to be less comfortable with jobs that involve loads of group brainstorming sessions or that require them to regularly verbalize their thoughts and feelings to multiple people at once.

💡 Quick Tip: We love a good spreadsheet, but not everyone feels the same. An online budget planner can give you the same insight into your budgeting and spending at a glance, without the extra effort.

30 Jobs for Introverts

Finding a rewarding job as an introvert means finding a career that suits your interests and caters to your inner-directed personality type, as described above. Some careers may particularly appeal to people who prefer independent work or minimal social interaction, similar to roles featured in this list of entry-level jobs with little human interaction.

Here are 30 jobs that can be a great match for introverts, with salary information from the Bureau of Labor Statistics.

1. Web Developer or Digital Designer

•   2024 median salary: $95,380

•   Primary duties: This career is all about the design, coding, and development of websites for optimal performance and user experience. This could be a job where an introvert works solo all day, or it might involve small team collaborations. With its union of creativity and analytical insights, web development can be a great option for introverts.

2. Farmer or Rancher

•   2024 median salary: $87,980

•   Primary duties: The image of farmers and ranchers working solo in wide open spaces is iconic. While that can be true, this career may involve some interaction with others on a work team. Primary duties are overseeing the production of crops, livestock, and dairy products.

3. Psychologist

•   2024 median salary: $94,310

•   Primary duties: Psychologists can work in a variety of settings, from a medical center to private practice, but the field involves assessing and supporting cognitive and emotional wellness. This can be a very rewarding career for introverts who want to channel their empathy and social skills.

4. Plumber, Pipefitter, or Steamfitter

•   2024 median salary: $62,970

•   Primary duties: This career is all about installing and repairing pipe fixtures. There aren’t many meetings or lots of large-group interactions. Introverts can enjoy the focus and problem-solving this job demands, and skilled trades such as plumbing are often among the high-paying trade jobs in demand.

5. Postal Service Worker

•   2024 median salary: $57,870

•   Primary duties: Typically, this work involves collecting, sorting, and delivering mail to businesses and private residences or helping post office customers. It can give introverts the opportunity to work alone or have small-scale interactions.

6. Social Worker

•   2024 median salary: $61,330

•   Primary duties: Social workers help people resolve problems in their lives. Introverts who are empathetic listeners, enjoy helping others, and find lots of one-on-one interaction satisfying will likely enjoy social work.

7. Heating, Ventilation, and Air Conditioning Technician

•   2024 median salary: $59,810

•   Primary duties: This job requires workers to assemble and repair heating, cooling, and ventilation systems. It can suit the mechanically inclined and those who like to be immersed in hands-on problem-solving.

8. Environmental Scientist

•   2024 median salary: $80,060

•   Primary duties: In this job, a person uses their knowledge of nature to improve the environment and human health. It can involve time outdoors and in a lab, with opportunities to analyze and interpret research data.

9. Delivery Truck Driver

•   2024 median salary: $42,770

•   Primary duties: For those who like lots of solo time and the feeling of being on the open road, being a delivery truck driver can be a dream job. Duties involve the pickup, transport, and delivery of packages or goods from one location to another.

10. Writer or Author

•   2024 median salary: $72,270

•   Primary Duties: Writing is a diverse career, ranging from writing fiction to composing technical manuals for manufacturers. It can allow an introvert to explore a particular passion in print and often involves a good amount of independent work. Many writers also work remotely, which means they may experience some of the benefits of working from home.

11. Librarian

•   2024 median salary: $64,320

•   Primary duties: This can be a fulfilling career for introverts; most interactions involve collaborating with individuals seeking help with research. Plus, it taps both creativity and problem-solving skills and usually has a steady pace. Bonus: Librarians tend to work in quiet environments.

12. Physician

•   2024 median salary: $239,200

•   Primary duties: This demanding career requires a high level of training. With a salary well into six figures, this is one of the highest-paying jobs on our list. It offers the rewarding work of interacting one-on-one with patients and other members of a medical team to treat illnesses and help people achieve optimal health.

13. Roofer

•   2023 median salary: $50,970

•   Primary duties: For introverts who value independence and enjoy problem-solving, being a roofer can be a good fit. Most of the workday is spent replacing, repairing, and installing roofs on buildings and houses. Many skilled or hands-on careers like this can also fall into the category of well-paying jobs without a college degree.

14. Surveying and Mapping Technician

•   2024 median salary: $51,940

•   Primary duties: Collecting data and taking land measurements in order to create maps of the Earth’s surface is a unique job, melding creative and analytical pursuits. It’s unlikely to involve many large meetings and can give introverts the think time they love.

15. Mechanic

•   2024 median salary: $49,670

•   Primary duties: This job can be a good fit for those who like to work with their hands and problem-solve with a small team as they troubleshoot and repair automobiles and other forms of transportation.

16. Bookkeeper

•   2024 median salary: $49,210

•   Primary Duties: Love a good spreadsheet and balancing finances? Being a bookkeeper can provide satisfying work for those who enjoy working with numbers. The role also has potential as a work-at-home job for retirees.

17. Interpreter or Translator

•   2024 median salary: $59,440

•   Primary duties: Provided you have deep knowledge of one or more foreign languages, this can be a solid job if you’re an introvert, collaborating one-on-one or in small groups to convert one language into another. It may involve translating texts or translating spoken language in real time.

18. Software Quality Assurance Analyst or Tester

•   2024 median salary: $131,450

•   Primary duties: Techies, this one’s for you; it typically involves testing software to identify and debug problems or to learn how the software works. This can offer plenty of focused work time.

19. Marketing Manager

•   2024 median salary: $159,660

•   Primary duties: This potentially high-earning career focuses on managing outreach to build a business or a brand. This can tap an introvert’s creativity and analytical skills. Small team meetings and travel to meet with clients may be part of the job. With this and other high-paying roles, professionals may benefit from understanding salary negotiation tactics and strategies.

20. Photographer

•   2024 median salary: $42,520

•   Primary duties: Photographers produce, shoot, and potentially edit (hello, Photoshop!) images for personal or professional use. It’s a highly creative pursuit that may suit an introvert’s personality. Some photographers build freelance businesses or side gigs that can become part of ways to make extra income from home.

21. Proofreader

•   2024 median salary: $51,100

•   Primary duties: This can be a satisfying job, tapping an introvert’s analytical abilities and giving them space to think as they read content and correct spelling, punctuation, and grammatical errors. Proofreading is usually a quiet, somewhat solitary profession.

22. Landscaper

•   2024 median salary: $38,740

•   Primary duties: There’s not too much large-group interaction if you’re a landscaper. Workdays are spent maintaining outdoor grounds by mowing, trimming, planting, watering, fertilizing, raking, and other methods.

23. Physician Assistant (PA)

•   2024 median salary: $133,260

•   Primary duties: Assisting both physicians and patients can put an introvert’s empathy and technical know-how to good use. It does require specialized training: A PA is similar to a nurse practitioner — one step below a doctor and a step above a nurse. With salaries well into six figures, professionals in roles like this may also want to understand how earnings change over time using a salary inflation calculator.

24. Animal Trainer

•   2024 median salary: $33,860

•   Primary duties: Dog, horse, and other animal lovers may find this to be an ideal career, with time spent teaching animals obedience, staying calm, and assisting people.

25. Medical Transcriptionist

•   2024 median salary: $37,550

•   Primary duties: Medical transcriptionists, as the name indicates, transcribe voice recordings from physicians and nurses and convert them into written reports. This can provide a career with plenty of quiet time for detail-oriented introverts.

26. Floral Designer

•   2024 median salary: $36,120

•   Primary duties: A floral designer can spend their days arranging decorative displays using live, dried, or silk flowers, which can be a creative endeavor without too many big meetings.

27. Data Scientist

•   2024 median salary: $112,590

•   Primary duties: Data scientists deploy analytical tools and techniques to pull valuable insights from data. This is listed as one of the fastest-growing jobs in today’s digital economy.

Recommended: How to Make a Personal Budget

28. Teacher

•   2024 median salary: $64,580

•   Primary duties: Teachers and instructors are responsible for helping students of different ages learn various topics and skills. The job may tap an introvert’s empathy, and it may involve small meetings with students or their parents. Bonus: Teaching can be one of those jobs that pays off student loans through the Public Student Loan Forgiveness program.

29. Hand Sewer

•   2024 median salary: $36,650

•   Primary duties: Technically speaking, this job is about sewing and finishing items with a needle and thread. It can suit craft-oriented, creative, and independent workers who like the mental space it provides.

30. Accountant

•   2024 median salary: $81,680

•   Primary duties: An accountant prepares or reviews financial records, tapping their analytical skills. This career can incorporate interactions with individual clients or businesses, which may suit introverts well.

The Takeaway

There are many challenging and satisfying jobs that can suit introverts, from writer to data scientist to physician. In fact, many high-paying and rewarding jobs are well-suited to the personality traits of introverted people.

Introvert or not, everyone can benefit from better budget planning and tools that give you back control of your finances.

Take control of your finances with SoFi. With our financial insights and credit score monitoring tools, you can view all of your accounts in one convenient dashboard. From there, you can see your various balances, spending breakdowns, and credit score. Plus you can easily set up budgets and discover valuable financial insights — all at no cost.

See exactly how your money comes and goes at a glance.

FAQ

What are good jobs for introverts?

There are many jobs that suit introverts well and leverage their empathy, creativity, and analytical skills. These can include a research librarian, a physician, or a landscaper, among others.

Is self-employment good for introverts with anxiety?

Self-employment can be a good fit for introverts who experience anxiety working with large teams or with multiple people. However, self-employment can also create stress if it requires you to search for clients or manage a large workload on your own.

What is a good job for someone with introverted qualities?

Any job that allows you to work independently and in a quiet environment at least some of the time is generally better if you’re an introvert. A floral designer and a proofreader are good examples of this.

What types of work environments do introverts typically prefer?

Introverts often do not desire large-group interaction and prefer focused work, small teams, and one-on-one communication to be productive. They generally tend to avoid the overstimulation of constant meetings or crowded workplaces.

Can introverts succeed in high-paying careers?

Yes. Many high-paying careers can suit introverted personality traits. Roles such as physician, software developer, and data scientist often involve analytical thinking, specialized expertise, and focused work that may appeal to introverts while offering strong salary potential.

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Photo credit: iStock/Wiphop Sathawirawong

SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.

*Terms and conditions apply. This offer is only available to new SoFi users without existing SoFi accounts. It is non-transferable. One offer per person. To receive the rewards points offer, you must successfully complete setting up Credit Score Monitoring. Rewards points may only be redeemed towards active SoFi accounts, such as your SoFi Checking or Savings account, subject to program terms that may be found here: SoFi Member Rewards Terms and Conditions. SoFi reserves the right to modify or discontinue this offer at any time without notice.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.

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Claiming unclaimed money from a deceased relative can be fairly straightforward — or more complicated — depending on state inheritance laws and the amount of supporting evidence to back the claim.

When a person dies without a will or other legally binding document outlining the distribution of their financial assets, that money may become “unclaimed” after a designated period of time. Unclaimed money is often turned over to the state in which that person lived. However, relatives can claim that money through the appropriate channels.

Recommended: What’s a Good Monthly Retirement Income for a Couple in 2025

What Happens to Unclaimed Money From Deceased Relatives?

When no direct heir is identified, unclaimed money and assets from a deceased relative go to the state government. How soon the money goes to the state after the person dies will vary according to that state’s inheritance laws.

Once unclaimed money ends up in the hands of the government, the state authority will try to identify any relatives who are entitled to claim the money. Typically, a description of the assets and the name of the deceased are posted to one or several public and searchable websites. Some examples of these websites are:

•   Unclaimed.org

•   MissingMoney.com

•   TreasuryDirect.gov

•   FDIC.gov and NCUA.gov

•   PBGC.gov

•   UnclaimedRetirementBenefits.com

•   ACLI.com

Can You Claim Unclaimed Money From a Deceased Relative?

If you believe you are entitled to an unclaimed financial asset of a deceased relative, you can file a claim with the state government or the business that is holding it. If you are specifically named as a beneficiary in the deceased relative’s will, the claim process can be relatively smooth. If not, you may still be able to claim that money, but it will require supporting documentation or potentially a decision from a presiding probate court judge to ultimately verify the claim.

Recommended: How Much Does It Cost to Make a Will?

What Types of Financial Assets Can Be Claimed From Deceased Relatives?

Unclaimed money doesn’t necessarily have to be in the form of cash; it can also include other assets of value, such as:

•   Real estate

•   Forgotten bank accounts

•   Bonds

•   Stocks

•   Certificates of deposit

•   Annuities

•   Royalties

•   401(k)s and other retirement plans

•   Vehicles and other physical assets

Recommended: Unclaimed Money From Scholarships and Grants

What to Expect From the Unclaimed Money Process

If you’re planning to claim unclaimed money, the process will vary depending on the state you’re filing in and the asset in question. In some cases, you can file a claim online, provide proof of identity and any documented proof of ownership, and wait for your claim to be processed. Once the claim is approved, you receive the money. A budget planner can help you make the most of any unclaimed money you receive and also provide valuable financial insights.

In situations where the deceased did not have a will or an executor for the will, a probate court will typically appoint someone to oversee any ownership claims and asset transfers. If this is the case, you may have to wait longer or provide more documented proof in court before your claim is approved.

Once your claim is approved and you receive the money owed to you, you may be required to pay inheritance tax. Again, this depends on which state the deceased lived in. However, spouses are exempt from paying inheritance tax in every state. It’s a good idea to consult with a financial advisor to guide you through the process.

Recommended: What Is Generational Wealth, and How Do You Build It?

The Takeaway

Claiming unclaimed money from a deceased relative is possible. However, the complexity of the process will ultimately depend on the circumstances and the state in which the deceased lived. If you believe you’re entitled to claim unclaimed money from a deceased relative, leveraging an estate planning attorney or a financial advisor can help demystify the process and help you with your claim. Bottom line: It’s never too early to start thinking about your own estate planning needs and long-term financial goals.

Take control of your finances with SoFi. With our financial insights and credit score monitoring tools, you can view all of your accounts in one convenient dashboard. From there, you can see your various balances, spending breakdowns, and credit score. Plus you can easily set up budgets and discover valuable financial insights — all at no cost.

SoFi helps you stay on top of your finances.

FAQ

How do you know if a deceased loved one has left you money?

If a deceased relative has named you as a beneficiary in their will or another legally binding contract, the executor of that document or a probate court will likely reach out to inform you of any unclaimed money you are entitled to. If not, you can still check to see if you are entitled to money by searching a public unclaimed-money database online or by reaching out to the deceased relative’s financial advisor or estate planner.

How do I find assets of a deceased person?

To find the assets of a deceased relative, try looking through their personal property or reaching out to relatives and other friends with knowledge of their financial affairs. You can also inquire with the local probate court or state government agencies.

What happens when you inherit money?

Depending on where you inherit money, you may be required to pay inheritance tax. Once you pay this, you can do as you please with the money.

Who can claim unclaimed money from deceased relatives?

Usually, estate executors and legal heirs can claim unclaimed money from deceased relatives. In cases where the deceased did not appoint an executor, a probate court will appoint someone to oversee the process.

What happens to an unclaimed inheritance?

If an inheritance is unclaimed, the money or assets go to the state, which will try to find any relatives entitled to make a claim. Each state has a process by which unclaimed property can be identified and reclaimed; these returned assets are worth billions of dollars each year.

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Photo credit: iStock/mdphoto16

SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.

*Terms and conditions apply. This offer is only available to new SoFi users without existing SoFi accounts. It is non-transferable. One offer per person. To receive the rewards points offer, you must successfully complete setting up Credit Score Monitoring. Rewards points may only be redeemed towards active SoFi accounts, such as your SoFi Checking or Savings account, subject to program terms that may be found here: SoFi Member Rewards Terms and Conditions. SoFi reserves the right to modify or discontinue this offer at any time without notice.

Tax Information: This article provides general background information only and is not intended to serve as legal or tax advice or as a substitute for legal counsel. You should consult your own attorney and/or tax advisor if you have a question requiring legal or tax advice.

Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

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Having children brings many joys. But for women, it can also have a financial dark side. Becoming a mother often results in lost pay and opportunities for career advancement, a phenomenon known as the motherhood penalty. In fact, according to the Census Bureau Current Population Survey, full-time working mothers with children under 18 earned 35% less than their male counterparts.

Many factors contribute to the motherhood penalty, and not every woman experiences it in the same way. Understanding the motherhood penalty can help women and their families sidestep this financial setback.

How Does the Motherhood Penalty Work?

If you want to avoid the motherhood penalty and keep your budget on track, it pays to know your enemy. According to a 2025 article published in the Review of Economics of the Household journal, the decrease in women’s earnings after they give birth is driven both by a reduction in employment and by lower earnings for those who remain employed. Let’s look at each of these factors.

Women today have achieved historic levels of education and are working at senior levels in the corporate world, but they are still more likely than men to cut back on their working hours or stop working altogether after their baby is born. Some women may choose jobs that allow for more flexibility in hours, even if those roles pay less.

Discrimination is a more insidious factor: Women make up nearly half of all U.S. workers and do the bulk of consumer spending, yet some managers see men as breadwinners who prioritize work and women as caregivers who are less committed to their jobs. This leads to women facing discrimination in hiring, salary, and leadership opportunities.

When two women are similarly qualified for a job, the one without children tends to earn more than the one who has kids. Comparatively, fathers working full-time earn more, on average, than men who don’t have children.

Recommended: The Highest-Paying Jobs in the US

Why the Motherhood Penalty Matters

Households in which both spouses work have been common for decades. According to 2024 data from the Bureau of Labor Statistics, in about half of married-couple families, both spouses were employed. Families with two healthy incomes are most likely to be able to afford a home and cover other large expenses, including raising children, which is now estimated to be around $322,427.

But the motherhood penalty takes an especially hard toll on families in which women are the head of the household. According to the U.S Census Bureau, in 2022, 22% of U.S. children were growing up in a household led by a single mother, with many of these women relying on a single source of income. The motherhood penalty may contribute to the fact that nearly 30% of single mothers live below the federal poverty level.

Factors Contributing to the Motherhood Penalty

As noted above, the unspoken belief that women belong at home to care for their children or that they are not vital contributors to their family finances continues to be a driver of the motherhood penalty. This is despite the fact that households with two parents working outside the home are now the norm in the U.S.

But there is another troubling factor. Women may leave their jobs because childcare costs more than they earn. The monthly cost of caring for an infant ranges from $572 in Mississippi to $2,363 in Washington, D.C. And even when mothers continue working, they may scale back their hours or take more flexible but lower-paid positions.

The motherhood penalty is unfair, and an additional factor adds to the inequity: In households with two working parents, where each parent earns roughly the same amount, women still spend more time on caregiving responsibilities than men do — 12.2 hours per week on average, compared with 9 hours for men, according to a 2023 Pew Research Center report. Women also spend 5.1 hours doing housework, while men spend only 2.2 hours. Women’s work may be less valued, but as the old saying goes, it’s never done.

Recommended: Pros and Cons of Salary vs Hourly Pay

Tips to Avoid the Motherhood Penalty

So, what can women do to safeguard their finances from the motherhood penalty?

Stand up for fair earnings. Exercise your right to be fairly compensated with every step you take in the working world. Applying for a job? Do your research to learn what a good entry-level salary is. Offered a position? Learn how to ask for a signing bonus. Unemployment is relatively low, and employers in industries from retail to engineering may pay you to come on board.

Change jobs. Switching jobs can be stressful, and time off is often allotted based on seniority, but changing jobs is one way to bump up your salary. But before you do so, make sure you understand what a competitive pay rate is for the role you’re applying for. A growing number of states, including California, Colorado, and New York, have passed pay transparency laws that require employers to post salary ranges when they advertise job openings.

Don’t share your status. It’s unlikely that your potential employer will ask you during a job interview whether you have caregiving responsibilities, as doing so may violate federal and state laws. But many women casually disclose that they have kids during the interview process without thinking about the consequences. Avoid talking about your personal life when interviewing for a job, and be aware that many employers examine applicants’ social media feeds during their screening process.

Advocate for fair pay and families. To help promote equitable pay that can sustain families, you can support raising the minimum wage. Speaking out in favor of government support for affordable childcare and for mandatory paid parental/caregiver leave can also help ensure that women who want to stay in the workforce after having a child can afford to do so.

The Takeaway

Even though women are working outside the home in historic numbers, the motherhood penalty still exacts a heavy price for many women and their families. Acknowledging that women are financially penalized for becoming parents is the first step in fighting back against the stereotyping and discrimination that is often at the root of this problem.

Take control of your finances with SoFi. With our financial insights and credit score monitoring tools, you can view all of your accounts in one convenient dashboard. From there, you can see your various balances, spending breakdowns, and credit score. Plus you can easily set up budgets and discover valuable financial insights — all at no cost.

With SoFi, you can keep tabs on how your money comes and goes.

FAQ

What is meant by the motherhood penalty?

The motherhood penalty refers to the fact that women’s earnings often suffer after they have children. The same effect does not apply to men, who typically earn more after becoming fathers.

What are the causes of the motherhood penalty?

A significant factor is that women often scale back on work or stop working altogether after having a child. However, they can also be discriminated against due to the stereotype that they are caregivers rather than breadwinners.

How does the motherhood penalty affect a woman’s career?

Mothers face lower pay, fewer promotion opportunities, and hiring discrimination compared to childless women. The motherhood penalty results in lower earnings, and because future earnings are often based on current salary, the reduced income often persists as a woman moves up the corporate ladder.

Which women are most affected by the motherhood penalty?

Discrimination due to becoming a mother exacerbates the difficulties experienced by women of color, low-income moms, and single parents. The motherhood penalty creates additional obstacles that make it harder for these groups to achieve economic stability and career success.

How can I avoid the motherhood penalty?

A good place to start is to know your worth. Do your research on salary before taking a job, and reevaluate your salary at least every year by looking at comparable positions.

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Photo credit: iStock/Pekic

SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.

*Terms and conditions apply. This offer is only available to new SoFi users without existing SoFi accounts. It is non-transferable. One offer per person. To receive the rewards points offer, you must successfully complete setting up Credit Score Monitoring. Rewards points may only be redeemed towards active SoFi accounts, such as your SoFi Checking or Savings account, subject to program terms that may be found here: SoFi Member Rewards Terms and Conditions. SoFi reserves the right to modify or discontinue this offer at any time without notice.

Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

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The number of people living paycheck to paycheck is rising, and not just among low-income workers. One-third of American families with an annual income of $100,000 or more say they are struggling to pay their bills and have no money left over for savings. Reasons for this include high housing costs, lack of financial literacy, and lifestyle creep.

So how do high earners end up living paycheck to paycheck, and what can they do to break the cycle?

What Does Living Paycheck to Paycheck Mean?

Most people expect to earn a “living wage.” The term refers to an income sufficient to afford life’s necessities, including housing, food, healthcare, and child care. That level of income does not typically allow you to save for an emergency, retirement, or other goals.

When a person lives paycheck to paycheck, they can barely pay basic bills and have nothing left over to save for a rainy day. In the event of a pricey emergency — like a big medical bill or major car repairs — low-income families are financially wiped out.

High earners have more wiggle room, as they are able to downsize their home or car and find other ways to cut back on expenses.

Understanding the Paycheck-to-Paycheck Situation

When you are living paycheck to paycheck, you cannot save. You may also go into debt and struggle to pay it down.

According to data from the World Population Review, in 2025, the state with the lowest living wage for a family of four (two working adults with two children) in the U.S. was Tennessee at $18.94 per hour ($23.71 in 2026), or $78,800 per year, before taxes, while the federal minimum wage in that same state was $7.25 per hour. Even in the District of Columbia, which had the highest minimum wage at $17.50, the living wage for an individual was $20.80 an hour or $43,258 per year, while for a family of four it was $112,551 a year.

But even households bringing in $200,000 or more say they are struggling. In fact, of those earning at least $200K, 60% report feeling like they’re in survival mode, while others have delayed paying bills or held off on medical care because it was too expensive. While they have the freedom to downsize their lifestyle, many people may not realize the precariousness of their financial situation until they’re running out of money and have locked into a mortgage and car payments they cannot afford.

Why Do Some Americans Live Paycheck to Paycheck?

The reasons why Americans live paycheck to paycheck vary. For lower-income workers, you can point to a higher cost of living and wages that have not kept up with inflation. For those with higher incomes, the issue is more about a lack of financial literacy and living beyond one’s means.

Rising Cost of Living

One reason people are spending more is that monthly expenses, such as rent, mortgage payments, food, and utilities, are constantly increasing.

Low Income

Low incomes are another reason some people live paycheck to paycheck. This is particularly the case for people earning the minimum wage or who live in areas with a high cost of living.

Poor Budgeting

Another reason some people are living paycheck to paycheck is that they lack basic financial knowledge and budgeting skills. It’s easy to overspend and accumulate credit card debt, but it’s more difficult to pay it down afterward.

💡 Quick Tip: When you have questions about what you can and can’t afford, a free budget app can show you the answer. With no guilt trip or hourly fee.

Lifestyle Creep

Also known as lifestyle inflation, lifestyle creep occurs when discretionary expenses increase while disposable income increases. In plain English: when you get a raise, the natural thing to do is treat yourself and your family to things that enhance your lifestyle, such as a fancy haircut or a weekend at a charming B&B in the countryside.

However, whether you can afford those extras is debatable. While you may be paying your credit card bill in full each month, you may not be saving or investing that money for the future or unexpected expenses.

Factors Driving Financial Insecurity for Six-Figure Earners

Because of inflation, it is increasingly hard to buy a home, car, and other nice-to-haves. However, people may still expect to be able to afford these things once they earn a certain amount. And if they have a taste for luxury items, they may struggle to maintain that standard of living and pay their bills.

It’s common for people to buy things on credit and then find that they cannot make the payments. Soon, they find themselves mired in high-interest debt.

How to Stop Living Paycheck to Paycheck

You can stop living paycheck to paycheck by living below your means rather than beyond your means. That requires earning more than you spend and saving the difference. The obvious steps are to increase your income and to live more frugally.

Once you have downsized your lifestyle, you can find relief quicker than you might think, and some changes may only be temporary. For example, you might have to work a part-time job for a short time until your debt is paid off.

Tips for Those Living Paycheck to Paycheck

Here are some changes you can make to get on the path to living below your means.

1. Create a Budget

You have to know where your money is going before you can cut back. By tracking your expenses, you can see what you’re spending and where you’re spending it. Automating your finances, such as paying bills and loan repayments, can make it much easier to stay on top of things and help you avoid late payment charges.

Once you know what you’re spending money on, you can create a budget where you subtract your non-negotiable expenses or needs, such as housing costs, utilities, food, and transportation, from your net income. Hopefully, you’ll have some money left over to allocate to savings. If not, it’s time to look at how you can make your life more affordable.

Here are a few budgeting strategies to try:

•   The line-item budgeting method

•   The 50/30/20 method

•   The envelope method

2. Cut Back on Nonessentials

Budgeting will help you find expenses that you can eliminate or reduce. Look closely at things that might seem insignificant to see if you are living beyond your means. For example, a large cold brew on your way to work every morning can add up, and eating out or spending $30 on takeout each week can add up to over $1,500 annually.

That being said, forgetting about an annual subscription or not being conscious of your spending doesn’t mean that you’re bad with money. More consequential changes might include downsizing your home, accepting a temporary roommate, or finding a part-time gig to supplement your income.

3. Pay Off Your Debt

Debt is expensive. High-interest credit card debt and buy-now-pay-later schemes can eat up your income as you struggle to pay the minimum while the interest mounts up. Consider using a personal loan to consolidate debt and reduce the interest you’re paying.

4. Save for Emergencies

If you are living paycheck to paycheck, just one unexpected expense can cause you to spiral into debt. It’s important to have enough cash on hand. Once you’ve paid off your debt, start an emergency fund so that you don’t have to rely on credit if you experience an unexpected financial emergency. If you’re wondering what percentage of your income you should save, a good rule of thumb is to have three to six months’ worth of expenses saved up.

💡 Quick Tip: Income, expenses, and life circumstances can change. Consider reviewing your budget a few times a year and making any adjustments if needed.

5. Hold Off on Big Purchases

While you are trying to reduce expenses and pay off debt, hold off on buying big-ticket items. For example, forgo an expensive vacation for a year and start saving toward next year instead. As much as you might like new furniture or a new car, try to economize for a while until you are in a better place financially.

6. Ask for a Raise

Asking for a raise is not easy, even when money is tight. However, it could be well worth it. According to Yale University, salary negotiations often lead to an increase in pay or additional benefits. You are in a particularly strong position if your skills are in demand and your employer values you.

The Takeaway

Many Americans are living paycheck to paycheck, even high earners. The reasons are linked to inflation, lifestyle expectations, and the ease with which people fall into debt. The remedy is to live below your means, and that often means making sacrifices.

If debt is a concern, temporary steps such as downsizing while you pay it off or finding additional sources of income are options. Identify where your money goes and stick to a budget to reduce unnecessary spending. Also, paying down high-interest debt and cutting back on eating out and other nonessentials can free up a significant amount of cash each month.

Take control of your finances with SoFi. With our financial insights and credit score monitoring tools, you can view all of your accounts in one convenient dashboard. From there, you can see your various balances, spending breakdowns, and credit score. Plus you can easily set up budgets and discover valuable financial insights — all at no cost.

See exactly how your money comes and goes at a glance.

FAQ

Does living paycheck to paycheck mean you’re poor?

Living paycheck to paycheck does not necessarily mean that you are poor, but it does mean that you are living beyond your means. Even high earners can find themselves in the position of living paycheck to paycheck, often due to mounting debt and lifestyle creep. People who earn $200,000 or more can also find themselves running out of money and not having enough to save.

Is living paycheck to paycheck stressful?

Living paycheck to paycheck can be extremely stressful. You may constantly worry about how you will afford to pay in the event of an emergency. It’s important to have an emergency fund to avoid using a loan or high-interest credit card to pay for something unexpected.

How many Americans are living paycheck to paycheck?

According to recent data, approximately half of Americans were living paycheck to paycheck at the end of 2025. That’s around 108 million people of working age who are struggling to make ends meet.

What percentage of low-income households live paycheck to paycheck?

Based on Bank of America internal data, 29% of low-income consumers, that’s those who earn below $50K a year, live paycheck to paycheck. However, the percentage falls only slowly as income increases.

Can high earners live paycheck to paycheck?

Yes. Many people earning $100K and over live paycheck to paycheck. Inflation, lifestyle expectations, and poor budgeting are some of the reasons high earners can’t always make ends meet.

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Photo credit: iStock/Jacob Wackerhausen

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Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

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You can get a personal loan from many banks, online lenders, and credit unions. Personal loans, which are typically unsecured loans, can be used to pay for just about any large expense.

You might use it to pay down credit card debt, an unexpected medical bill, or the cost of home renovations. Some people use these loans to fund a wedding or a big vacation. Given the many ways these versatile loans can be spent, it’s no surprise that personal loans are a popular choice. The latest data shows that 25.9 million Americans had unsecured personal loans, totaling about $269 billion, in the second half of 2025.

If you’re thinking of getting a personal loan, read on to learn more about where you can get one and the pros and cons of each option.

Where Can You Get a Personal Loan?

Personal loans are generally available through three main markets: banks, credit unions, and online lenders. There are other types of personal loans available through physical storefronts and online, such as payday loans and pawnshop loans, but it’s wise to avoid these options. You’ll learn why later in the article.

Banks

National and regional banks often offer personal loans, which you can typically apply for online or in person. A bank may be the first choice for consumers who are already account holders at that institution, especially since the loan amount can usually be deposited quickly and directly into their checking account.

Credit Unions

Credit unions are another popular option for where to source a personal loan — though generally, these loans are only available to those who are already credit union members.

Each credit union has its own eligibility requirements to open an account or otherwise do business with it, which may be based on where you live or what industry you work in. However, if you do have access to a credit union, you may find lower interest rates and more favorable terms there than at other financial institutions.

Recommended: Is It Hard to Get a Personal Loan?

Online Lenders

Online lenders have proliferated over the years. These days, a personal loan can be easy to find from one of these sources with just a few clicks.

Online lenders may offer instant or near-instant loan decisions. They also don’t require you to be a member of or an account holder at any specific financial institution. That said, it may take longer to receive your check or transfer than it would if you were borrowing from a bank or credit union where you already hold an account.

Of course, you’ll want to carefully review the personal loan interest rates and fees you’re offered to ensure that they’re suitable for your circumstances.

💡 Quick Tip: Some personal loan lenders can release your funds as quickly as the same day your loan is approved.

Where Can You Get a Personal Loan With Bad Credit?

You can get a personal loan with bad credit from a few lenders, such as online ones and payday lenders, but it’s important to proceed with caution.

Here’s a little important background information:

•   A personal loan with no collateral, also known as an unsecured personal loan, can be tough to qualify for if your credit history is less than perfect.

•   Since there’s no collateral, such as a house or a car, for the lender to take if you fail to repay the loan, unsecured personal loans often come with steeper qualification requirements than other types of loans.

•   They may also have higher interest rates, especially for those whose credit could use some rebuilding. Some lenders specifically market their products to people with lower credit scores — but beware. Sometimes these loans come with predatorily high interest rates and other drawbacks.

Online Private Lenders

The combination of convenience and ubiquity of the online personal loan market can be a mixed blessing. Sure, it’s easy to find a loan when you need one, but it’s also easy to fall into a bad deal.

Some online lenders specialize in offering loans for poor or no credit, but be sure to read all the fine print before you hit “submit” on your application. The loans may come with soaring interest rates, high origination fees, or hidden costs. Do your homework and vet the business you’re borrowing from to make sure it’s legitimate. You may want to check with the Better Business Bureau to search for any complaints on file and for reliable, verified reviews.

Payday Lenders

Payday loans have been around for a long time, but that doesn’t mean they’re a good option.

Designed to be repaid quickly (i.e., at the borrower’s next payday), these short-term cash loans may be for small amounts but often come with astronomical interest rates. According to the Consumer Financial Protection Bureau, it’s not uncommon for these quick-turnaround loans to have annual percentage rates as high as 400%!

In almost every instance, when comparing payday loans vs. personal loans, payday loans are worth avoiding. Other forms of unsecured loans will likely come with lower interest rates and more favorable repayment terms. Fortunately, it’s possible to find loans from reliable lenders — even with imperfect credit.

Banks and Credit Unions

You can get an unsecured personal loan from a bank or credit union if you have bad credit. Each financial institution sets its own qualification requirements for its loans, so it’s worth shopping around to find the one that fits your financial needs. Additionally, they may have other products that could work for you, such as secured credit cards or share-secured loans.

💡 Quick Tip: Just as there are no free lunches, there are no guaranteed loans. So beware of lenders who advertise them. If they are legitimate, they need to know your creditworthiness before offering you a loan.

What Are Some Pros and Cons of Different Types of Lenders?

Each type of lender has pros and cons. Here are some things to consider while you’re searching for the one that’s right for you.

Personal Loans From Banks

Pros of Personal Loans From Banks	Cons of Personal Loans From Banks
You may get a discounted rate if you’re already a customer.	You may need to be an existing customer or have good credit to qualify.
Funds may show up more quickly if you have an existing account there.	You may need to visit the bank in person to apply.

Personal Loans From Credit Unions

Pros of Personal Loans From Credit Unions	Cons of Personal Loans From Credit Unions
Loans may come with lower interest rates and fees than those of other financial institutions.	You’ll need to meet whatever eligibility requirements are necessary to be a credit union member in the first place.
Qualification requirements may be minimal.	You may have to go to the physical credit union to apply.

Personal Loans From Online Lenders

Pros of Personal Loans From Online Lenders	Cons of Personal Loans From Online Lenders
Online lenders make it convenient and easy to apply for a personal loan from the comfort of your home.	It can be difficult to know for sure if you’re borrowing from a reliable, legitimate source.
A wide variety of lenders are available and can be compared easily through an online search.	Some online lenders may charge high interest rates and other fees.

Choosing a Personal Loan Lender

No matter where you choose to apply for a personal loan, a good way to determine whether it’s the right loan for you is to look at the fine print. The lender matters less than the loan, and knowing what you’re agreeing to ahead of time is key to avoiding an unpleasant financial surprise.

Here are the main factors to look for when shopping around for a personal loan:

•   Fees, such as origination fees, early repayment penalties, and late fees, can increase the total amount you’ll spend on your loan in no time. Ideally, you’ll want to look for a lender that charges few fees — or none at all.

•   Interest rates can vary widely with unsecured personal loans, from as low as 6.49% to as high as 36% or more. While your specific options will vary based on your credit history and other financial information, it’s good to shop around for a desirable interest rate.

•   Loan amount caps may be relatively small (e.g., $1,000) or very large ($100,000 or more). Whatever your financial need, you want to ensure your lender will offer enough for you to cover whatever expense you’re paying for.

Recommended: Personal Loan Calculator

The Takeaway

There are many personal loan lenders to choose from, including banks, credit unions, and online lenders. Whether you need money to pay for an unexpected expense, such as a car repair, or you’re planning the ultimate 40th birthday party, it’s wise to shop around and compare interest rates, fees, and speed of funding.

Think twice before turning to high-interest credit cards. Consider a SoFi personal loan instead. SoFi offers competitive fixed rates and same-day funding. See your rate in minutes.

SoFi’s Personal Loan was named a NerdWallet 2026 winner for Best Personal Loan for Large Loan Amounts.

FAQ

Where can you get a personal loan?

In terms of where to get a personal loan, there isn’t one “best” place. When comparing banks, credit unions, and online lenders, look at interest rates, fees, customer reviews, and how quickly you would receive the funds to determine the option that suits you best.

Where can you get a small personal loan?

Where to go to get a small personal loan depends on a variety of factors. Would you be more comfortable working with a large lender or a small, community-based lender for your small loan? Do you already have an account at a financial institution that also offers personal loans?

Where is the easiest place to get a personal loan?

If you’re looking for a personal loan lender, it might be better to start at a financial institution where you already have an account. Your financial information will already be in their records, making the process faster and easier. Although online lenders may promise fast approval and funding, be sure to research options carefully and make sure the business is legitimate and interest rates are affordable.

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Photo credit: iStock/solidcolours

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SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.

Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

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