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

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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Serious question: Why do you insist you are middle class when you know you are not? I thought you worked hard for what you have, so why deny it? It's like having a PhD but only admitting to a high school. It makes no sense.

Are you ashamed of your wealth?[/quote]

Spoken like someone without firsthand knowledge.[/quote]

No, I have a net worth ove $1.5M and HHI over $200K. I know I'm not middle class. You?[/quote]

NP here.  So if you lose your job (or jobs if spouse contributes some to that income) are you suddenly lower class?  Class isn't all about money.  It's about choices that you make -- it's about how educated you are and how much you value education for your kids, it's about what you do with your leisure time and whether you have autonomy at work.

For me, we have a HHI of about $95k, which some of you think makes us "poor".  We also have a networth that's close to $1.5 million.  We live in DC.  We take vacations overseas.  We send our kids to struggling public schools.  We buy clothes at thrift stores (and donate frequently too).  Where does that put my household?  Are we just lower class?[/quote]

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