PP:late father self made from poverty to UMC. I edited your list (excellent points, by the way) to show what applied to my family. My dad had a graduate degree, spoke two foreign (non-native) languages and was a world traveler, all compliments of the United States military. I worked for my dad's company (he had retired from military service) during every college break under some loosely-managed "college (paid) internship program." Growing up in Northern Virginia suburbs when and where I did, the majority of my classmates fathers were career military officers and often academy graduates, congressmen, Secret Service, political appointees, White House staffers, career SES. They were just dad's and I mostly didn't even know or care what they did until I was much older. I narrowed my post-college graduation job search down to "who I know" and started from there. Truly it's who you know, not WHAT you know and I was fortunate that my parents had a wide circle of contacts. |
Bravo to you for recognizing that you had this advantage. My guess is that you actually worked hard to make the most of those opportunities, which is all anyone could ask of you. So many people think that everyone begins the race at the same starting line.
"I narrowed my post-college graduation job search down to "who I know" and started from there. Truly it's who you know, not WHAT you know and I was fortunate that my parents had a wide circle of contacts." |
But has he done a study of a masterpiece??????? LOLOL |
I am a CPA and my spouse is a physician (since you brought those two professions up) and I echo what PP said: this is ridiculous. We don’t hang out with the rich and the powerful, we’re not inviting Congresspeople and their staff to our kids’ baptisms, and neither are most of our CPA / physician coworkers. I wouldn’t dare call our family middle class, though. |
I’m the PP who said ridiculous and we are in similar professions - finance and law. We are worker bees in that we have to work a 9-5 job to maintain our lifestyle. We couldn’t be unemployed indefinitely without downsizing. I wonder which professions PP considers UMC - lobbyists? In general I see a tendency on here to exaggerate what UMC means. Maybe so posters can continue to feel “poor” despite the luxuries they have? Newsflash: only 2% of children in the US go to non-religious private schools. It is firmly an UC practice. |
NP. Elite college grad here, grad degree, married, three kids, $300k hhi, $2M in investments and own our house outright before 40.
I know how to sail, and I've done it across the open ocean for days at a time in races to Halifax and Bermuda. But, I am officially NOT upper middle class because my favorite boat right now is "one of those party barge pontoon boats" on a lake, with which we happily engage in powered watersports like skiing, knee-boarding, and tubing. And when our back muscles get too tired of that, we anchor it with friends and use it as the party barge for eating and drinking. |
You may not hang out with the "rich and powerful" but I would bet you're reasonably well-connected amongst your colleagues, neighbors and friends. You have legacy status at the universities you attended and multiple universities that your spouse attended (undergrad, med school, residency, fellowship, etc.). Your spouse knows multiple other physicians and you both probably know plenty of people in the professional class (e.g., CPAs, lawyers, finance types, etc.) that could potentially be resources for your kids. It's not that the the Horatio Alger LMC types can't succeed. Rather, it's hard work and natural talents alone with a bit of luck that are the deciding factors. They also probably had to hustle to understand what you or your kids already know -- whether it's social etiquette or who to go to and what is necessary if you're interested in applying to a selective university, getting a prestigious internship, or preparing for that first job interview. For example, it's the difference between reading a book on investment banking and cold calling/DM someone in the field on LinkedIn rather than asking a family member about their experiences and what opportunities might be available. It can still work, but it's much easier if you're already qualified AND have personal connections to the industry. Moreover, as UMC, you can probably afford to pay 100% tuition and help your kids launch if they're in a field that benefits from unpaid internships or moving to a high cost of living area for that first job. There's a great book called "Paying for the Party" that illustrates how these class differences play out at a public university. |
Hey, you’re the one who said we’re not UMC because we’re white collar worker bees. |
Sorry, that wasn’t me. I think that’s someone conflating UMC with UC. Also, there’s a world of a difference between a single practitioner CPA doing the local dentist’s return and a Big 4 partner. The same is true for law and many other white collar professionals. |
Hey, what if you’ve done both? Well, not Big 4 *partner* — I left too quickly — but I could’ve climbed the ladder if I’d have wanted to. Now I’m a solo practitioner because I like the flexibility it allows for family life. There are lots out there like me. |
I think I touched a nerve and such natural defensiveness or sensitivity to class distinctions is one of the biggest signs of being MC. However, look at the sum totality of what was written. It’s not a bright line. |
My husband networks a little bit via work but gets hung up on things shouldn’t be this way. That things should be fair. I’ve pushed him to do it more and it comes so easy-he’s important in his field. I also think of going back to work because all the women are doing something, a fashion line, or nonprofit work. But truly it’s so fake. We must for our kids though. It’s true the network makes things so much easier. |
This is absolutely nothing “middle” about making 1m per year. Seriously, have some perspective. |
I have not commented on this post so I have no dog in this fight but you truly sound like a moron. |
Same here. HHI around 750-1 mil. DH is in finance, I’m an editor. We don’t know any Congress people or anyone at the WH (and with the state of the GOP, I don’t want to either). I doubt you could call us middle class though. We both have grad degrees and BAs from top schools. |