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Money and Finances
Reply to "Ok can we stop saying $300k is "rich" in DC?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Rich is having enough food to eat, clothes to wear, a safe place to sleep , decent medical care, being able send your children (especially female children) to school AND having enough leftover to save for tomorrow, go on an occasional vacation to visit family, eat at a restaurant once in a while or buying anything on a whim. [/quote] That's the minimum standard for lower middle class[/quote] You are so privileged, you don't even know you're privileged. You probably believe the notion that everyone in America always has enough to eat, and there is no real poverty in America.[/quote] A very typical American family has a HHI income in the $50s and rents a two-bedroom apartment - with their young children sharing the second bedroom - in a so-so area (not crime-ridden, but not among educated professionals), visits Grandma for vacation, and eats out once a week at IHOP or Red Lobster, and drive a 10-year-old car they bought used. [/quote] But DC has the highest number of advanced degrees of any metropolitan area. The average American family probably has zero or one college degrees among the adults who are in it.[/quote]
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