Reply to Can we stop referring to households making $200 or 300K a year as "middle class"?

Forum Index » Money and Finances

Reply to "Can we stop referring to households making $200 or 300K a year as "middle class"?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Wife and I make ~240k per year and are def middle class.

We have about 250k in student loans (wife's law loans), and a 3500/m rent with a child on the way. There is no way we will be able to afford a home in the foreseeable future. Nearly all of our money goes to student loans, taxes and rent.[/quote]

Why on Earth would you need to.pay $3300 in rent?[/quote]

That was all that was available for a 3 bed in the nw, we need one bed for a baby, one for an office, and one for our bedroom. Also wanted to live in a safe area that's walkable/bikeable to stores and work. [/quote]

The following things are luxuries:

1) A room just for the baby (middle class babies often share with their parents)

2) A home office (many middle class people have an office set up in the corner of their bedroom, or in the living room)

3) Being in NW (middle class people are more likely to live in Rockville, or Takoma Park, or Hyattsville)

Now, you can choose those things, of course, not saying you can't, but you have to recognize that if your budget is tight because you chose substantial luxuries that are usually reserved for wealthy people, that's not the same thing as having a budget that's tight because you can't afford the basics.

[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics