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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]

But could you quit your job? There’s a difference between not stressing over a car repair bill and being rich. I get that lots of other people stress a lot more, but making $300k around here doesn’t even put us in sending the kids to private school territory, or flying first class. [/quote]

So is this the metric for rich?  Don't have to work?  Financially independent?  Everyone who has to work to maintain a lifestyle is UMC or below?  I basically don't worry about money at all, ever.  I'm not extravagant, though, just as a personality type.

And, actually I absolute could quit my job if my spouse continued working.  Or, spouse could quit if I was happy to work.  We need one income to continue, but we'd still be able to save a little on either income.  We both could quit with some pretty major lifestyle changes (moving to a much cheaper area), but we'd lose a the margin that makes life easy. College contributions would be questionable, but possible.  But, this is probably a little more unusual - we save a large percentage of our income.  [/quote]

Um, how are you not financially independent if you and your spouse could both quit your jobs and live off your savings? And continue to make college contributions? I don't understand your post. Yeah, I think that everyone who has to work to maintain a lifestyle of "30-year mortgage on a 2,000 square foot house, 2 kids in public school, saving enough to retire at 65 and put the kids through 4 years at state university" is middle class. If you make enough to save sufficient cash outside of retirement/college savings to be able to quit decades before the regular retirement age, you are far beyond middle class. [/quote]

Me OR spouse.  For us both to quit, we could not live here.  But we could live somewhere else where housing costs are significantly cheaper.

People who make exactly the same income as me may choose other spending priorities, and spend significantly more.  Private school + travel + nicer cars could eat up a big chunk.  They would not be able to save as much.  Does that mean they are UMC, but I'm far beyond MC?[/quote]

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