If you have top 5% wealth ($3M in assets) combined with HHI of top 5% (~300k in 2022), you are UC statically. What "you consider" is not an objective measure and therefore doesn't matter. |
This totally counts. As the PP said location and quality matter. |
But only if you're British, which we aren't. There are MANY different type of UC Americans. |
We have a HHI that puts us at the top 1%. I do not consider ourselves UC. We live a very UMC life. Our lifestyle hasn’t changed much from when we earned 500k to now earning more than $2m+. |
| A SAHM with an educated American or British nanny with her and the kids. |
Your lifestyle doesn’t change what socio-economic class you’re in. |
Why not? Isn't there a social part to it? It's not just income derived. |
NP. Fair point, but many areas are more densely populated with statistical UC that don’t conform to “expectations.” We’re statistically 1%ers, but nobody would ever think so. According to DCUM, we behave more like garden variety MC, but the house price/location and single income indicate UMC. It gets muddled in areas like this and OP doesn’t quite know how to classify (ha!) what she’s observing. |
Then "what you consider" doesn't match objective reality. You're UC, choosing to live a MC lifestyle. It exists, and you are living proof. You are also not alone in living below your means! |
Ahhh, now you're thinking lie a European with all the tastes and habits and snobbery, etc. Socio- in the American sense means that you focus on education, will probably pay for your kids' educations, give them opportunities, etc. You don't necessarily need to have all the tastes of the UC, just the ability to buy the opportunity other UC folks buy. |
Ok, so normalize all those numbers to your local area then. They are going to be so dramatically different. Maybe a few people fall out the bottom, but not many. |
| Do some of your brain cells self-combust when writing idiotic statements such as '[all] UMC women are pretty'? |
|
If you need to ask, you will never attain your desired spot in your perceived rarified upper class social strata.
Be nice. Be kind. Be gentle. |
Interesting. We have both of those (but on the lower end - DH makes about $325-350k and our assets are just over $3M) and I SAH. No nanny, no private school. Fun camps but nothing ritzy. No second home, nice vacation but modest lodging (not ritz or 4 Seasons.) Standard 90’s colonial in a nice enough but not posh suburb. Drive Hondas. DCUM would laugh their a$$es off if I tried to claim UC status. |
| Genuinely who cares??? When I meet people I might think they are nice, rude, boring, cool whatever but I’ve never thought “hmm that person really comes off as a very rich person”. Unless they are planning on giving their riches to me, why would I be looking for “signals of wealth”? I seriously could not care less what the wealth status of another mom at drop off is… |