PSA: $250K family of 4 in the DMV area is not middle class
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Anonymous
Imagine having more money than 80% of people in your community while complaining that it's "not a lot" just because it's less than 10% of people in your community. |
Anonymous
By your logic, a family making $50K in DC is the bottom end of midfle class. Your math ain't mathin" $250K is upper class, even in DC |
Anonymous
You don't have to worry about housing, food, savings or education funds at $250K So yes, that puts you into upper class, even if you don't have a yacht or private jet |
Anonymous
Um, teens are much more expensive than little kids in daycare |
Anonymous
News flash $250K is upper class, not upper middle class. |
Anonymous
Yes, because the DC area has a good chuck of the wealthiest counties in America $250K is wealthy, even for the DC area |
Anonymous
It really depends- mine aren't, but they don't do lots of fancy expensive activities or travel sports. IMO that type of discretionary spending is more of a choice than childcare in the early years. |
Anonymous
Mine are but we choose cheaper housing to support their activities and pay for college. That’s unfortunate you don’t as there are lower cost activities. |
Anonymous
Real low income are on Medicaid and that pays for services. |
Anonymous
?? The point is that my kids do lower cost activities. When they were both in daycare we were paying $30k+ in childcare. They do a lot but we don't come close to spending that now. We've always saved for college, even during the early years. We bought a house we could afford to begin with so no need to downsize to support exepnsive extracuricullars. Glad its working for you though. But I still counter that it is absolitely not a given that teens are more expensive than daycare, that is your choice. |
Anonymous
Of course it was a choice. One of you could have stayed at home or worked an alternate shift to save on day care. There is also financial help for some more expensive activities. Yes, its more meaningful to spend the money when they are teens and will remember it. |
Anonymous
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Anonymous
Maybe their kids are elite gymnasts or figure skaters or something? Because otherwise I agree, genuinely trying to understand how someone is spending more on activities in the teen years than they did on childcare! |
Anonymous
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The flaw with the entire pew calculator is that middle income in middle class are not the same thing. I just looked it up because it’s too early to be using my brain to formulate response
Scope: "Middle class" is a broader social category, while "middle income" is a more narrowly defined economic category. Factors considered: "Middle class" considers various factors beyond income, while "middle income" focuses primarily on income. Subjectivity: "Middle class" can be subjective and self-identified, while "middle income" is based on measurable income data. In essence: While the terms are often used interchangeably, "middle class" is a more multifaceted concept encompassing various social and economic factors, while "middle income" is a more straightforward definition based on income level |
Anonymous
+1. It is amazing that these people making so much money lack common sense. |