• Five people who earn more than $100,000 annually shared how they're spending their money.
• They're trying to balance spending on big purchases with saving for future goals.
• Some have spent money on a new car or travel, while others have invested in a home or startup.

For some, earning a six-figure income can facilitate a big splurge. For others, it's an opportunity to establish additional income streams or financial security.

Abid Salahi earns about $140,000 a year from his software engineering job. The 26-year-old, based in Vancouver, said his biggest purchase over the past year was a new car that cost roughly $37,000. Additionally, Salahi said he upgraded his home workspace.

Despite his earnings, one thing has been out of his reach: owning a home. The houses in his area that check his boxes cost more than $500,000. To afford a down payment, Salahi said he's saving and being more judicious about how much he spends dining out and at the grocery store.

Reaching a six-figure salary can be a challenge for some employees. The average annual salary for US-based full-time workers was about $82,000 as of November, the latest data available, per a New York Fed survey. Some workers who earn more than six figures have used the opportunity to set themselves up for potential future success.

Business Insider asked five people who've made more than $100,000 annually what they've spent their money on in recent years. BI has verified their six-figure earnings.

Balancing spending now and saving for the future

Earning a six-figure income has also created new opportunities for John, who's on track to earn roughly $250,000 this year by balancing a full-time and part-time remote IT role.

The millennial, who's based in California, said one of his biggest expenses over the past year was his sister's medical bills, which were about $30,000, he said.

When he spends money on himself, he focuses on fun and health. He hired a personal trainer, who charges about $130 weekly for a one-hour session. Last year, he spent about $9,000 on a three-week honeymoon in Asia.

While he's trying to take advantage of his money in the present, John said he's also prioritized saving for the future.

"I follow a concept of 'pay yourself first' — where I put money into retirement and savings first, and then the rest is disposable," said John. His identity is known to BI, but he asked to use a pseudonym due to fears of professional repercussions.

Looking forward, John said he's saving money for the children he hopes to have one day, a bigger car, and a home.

Corritta Lewis is also balancing spending now while saving for the future. Last year, Lewis earned roughly $280,000 from her consulting job and a travel blog she runs as a side hustle. The 35-year-old, who's based in Orlando, said she and her wife spend most of their disposable income on travel.

"We've been digital nomads for four years, so most of our money was used to travel the world and have amazing experiences," she said.

Despite her travel expenses, Lewis said she doesn't live a luxurious lifestyle and is focused on long-term saving. She aims to work part-time hours by her 40th birthday.

"Right now, we are prioritizing savings and investments," she said.

Investing in themselves and real estate

Margaret Pattillo took home around $128,000 last year from her digital marketing and PR business. The 27-year-old, who's based in Florida, said she's on track to earn more than $160,000 this year.

Pattillo used her earnings to buy a home earlier this year and has plans to buy a second home as an investment property. She tries to use her money to create additional income streams that will set her up for future financial success.

"I don't place much value in material items and I'm lucky that I get to travel for work frequently," she said. "I'd say my biggest goal is to build up as many cash-flowing assets as I can in the next 10 years."

Christopher Stroup has put his earnings toward a different type of investment: a new business.

Stroup earned roughly $130,000 last year working as a financial advisor. The 33-year-old, who's based in California, said his income has helped him improve his relationships with friends and family by giving him the budget to go out to eat and on trips. He said his goal is to travel to Europe at least once a year.

Over the past year, Stroup said the biggest thing he's spent his money on is the financial planning business he launched in September. He said his startup costs have included marketing expenses and hiring a team. However, he hopes the investment in his business will put him in an even better financial position.

"If it works out well, achieving my financial goals on my desired timeline has a much higher probability of happening," he said, adding that two of his main goals are owning a home and starting a family.

Are you making over $100,000 a year? Are you willing to share your story and the impact this income has had on your life? If so, contact this reporter at [email protected].

• I've been visiting Universal and Disney World during the holidays for almost a decade.
• Both destinations offer festive activities at different price points.
• Right now, Universal seems to offer the best overall value.

Since moving to Florida with my family eight years ago, we've spent every holiday season visiting Disney World and Universal Orlando.

Both offer theme parks, resorts, and entertainment districts filled with holiday activities and events. There's truly something for every budget, whether you want to walk around Disney Springs' Christmas trees for free or purchase a VIP holiday tour at Universal.

This year, I spent nights at the resorts' movie-themed parks, Disney's Hollywood Studios and Universal Studios Florida, to compare their holiday offerings.

I attended Jollywood Nights, an after-hours holiday party at Hollywood Studios.

Disney World is known for Mickey's Very Merry Christmas Party, a ticketed event at Magic Kingdom, but this is the second year for Jollywood Nights at Hollywood Studios.

The after-hours event runs for five hours on select nights and includes perks like short ride times, party-exclusive food, and the opportunity to meet rare Disney characters.

It also requires a separate ticket, but it can be slightly more affordable — Magic Kingdom's event costs between $180 and $220 for adults, and Jollywood Nights goes for $160 to $180.

This is all separate from daytime park admission. One-day, single-park tickets for this month start at about $150.

At Universal, I spent time on my own and did a holiday tour.

Universal's holiday tour is a must-do for me every season.

My $100 ticket included five hours with a tour guide, special meet-and-greets, dinner, dessert, and more. It's the only way to meet Santa at Universal Orlando, although he does appear nightly in a holiday parade.

The tour is less expensive than the Disney events, but unlike those, it requires a park ticket — a one-day, single-park ticket costs about $120 right now. Luckily, I have an annual pass, so I was able to use that and skip this added cost.

I also spent time at Universal before check-in to explore some of the holiday offerings on my own.

At Disney, characters were dressed in their holiday best.

Getting photos with characters is one of my favorite parts of visiting theme parks, so I was sure to line up for some of the party-exclusive meet-and-greets at Jollywood Nights, like Disney's Duffy Bear dressed as Santa.

However, you don't have to have an event ticket to meet holiday-themed characters. Some characters, like Chip and Dale and Woody, are out in their holiday best all day at Hollywood Studios.

At Universal, Grinchmas was in full swing.

Universal goes full Grinch during the holiday season, with offerings like a Grinch meet-and-greet, a character breakfast with the mean one himself, and the "Grinchmas Who-Liday Spectacular" show.

From sweet treats to merchandise, you'll see the green guy all over the park.

Earl the Squirrel, a Universal character inspired by a real-life squirrel who used to live in the park's Christmas tree, is also a main figure of the season.

Hollywood Studios guests can see a Christmassy version of "Frozen."

There were Jollywood Nights-specific entertainment offerings at my event — like a "Nightmare Before Christmas" sing-along — there are also holiday happenings for daytime park guests.

The popular "Frozen Sing-a-long Celebration" show gets a special holiday revamp, and Santa also greets guests at It's A Wonderful Shop.

Universal's Grinch show is pure holiday joy.

There's no greater holiday joy for me than watching the "Grinchmas Who-Liday Spectacular" show, starring the Grinch, every Who down in Whoville, and a real-life version of Max (the dog).

Anyone with a regular park admission can see the Broadway-quality performance, which features songs by Mannheim Steamroller. It runs several times every day throughout the holiday season.

The park also has a special holiday parade that features Dreamworks characters, floats, entertainers, and Macy's Thanksgiving Day Parade balloons.

Disney scored high marks for its festive menus.

The holiday food at Disney truly can't be rivaled.

I noshed on lots of things you can only get during Jollywood Nights, like kimchi-pimento-cheese dip and tot poutine, but festive foods are available at the park during the day as well.

From a red-velvet holiday shake to a winter-spiced whoopie pie, Disney has plenty of only-seen-at-Christmas foods to try.

If you're looking for worthwhile treats, try another Universal festival.

Universal has some holiday-themed treats, like Max-shaped cookies and a roasted-turkey-dinner crepe, but I didn't think there were too many options.

If you're looking to really experience delicious festival food at Universal, you'll want to visit during Mardi Gras or Halloween Horror Nights, when the park is filled with stands selling tasty themed bites.

It's so much fun to shop for holiday merchandise.

Choosing a theme-park souvenir is tough on any vacation, but it's even harder for me during the holidays.

Almost every Hollywood Studios' giftshop was taken over by Mickey ornaments and cozy holiday sweatshirts. There were also special pop-up areas selling even more festive items.

Universal's holiday cheer is also clear in its shops.

Like Disney World, Universal goes all out with holiday-themed merch.

This is especially true for the themed lands, like Seuss Landing and the Wizarding World of Harry Potter. Both "Grinchmas" and "Holidays at Hogsmeade" release fun limited-time offerings this time of year.

There's stunning holiday decor at Disney.

Disney goes all out, adorning Hollywood Studios with vintage Hollywood-glam decorations like star-lit lamp posts and sparkly ornaments and lights.

You'll even find fake snow made of soap, dubbed "snoap." It's really beautiful to watch it fall over the decorated theme park without having to feel freezing cold — a win-win.

Universal also goes all out with decor.

From the 80-foot tree in the New York area to its Holiday Tribute Store filled with limited-time merchandise, Universal's Christmas decor is truly something to behold.

It also produces plenty of snoap, so you don't have to worry about missing out on that magic.

Overall, I think Universal is a better value around he holidays.

Disney and Universal hold special places in my heart after years of building family memories in both.

Still, I think Universal is a better value during the holidays since a regular park ticket gets guests way more seasonal activities for their money.

Although I added on the VIP tour and recommend it, it's not actually necessary. Everyone can meet characters like the Grinch and Earl the Squirrel, watch the "Grinchmas Who-Liday Spectacular," and catch the parade.

Disney keeps many of its best holiday activities in its separate, ticketed events, which can be costly, especially if you're also planning on spending the day at the parks.