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Reply to "31% of millionaires think they're middle class"
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[quote=Anonymous][quote=Anonymous]Whether you are UMC or poor doesn't depend on how much you spend. Ot depends on your income. People who are saving thousands of dollars a month but don't "feel rich" because they aren't buying new cars every year or whatever are out-of-touch idiots. We make $350K/year, gross. We are not MC just because our expenses seem modest to us or we live in a higher COL area. Having grown up *actual* MC, I have no sympathy for rich people who don't "feel" rich. [/quote] It depends where the money goes. Money is imaginary. Consumption is real. [/quote]
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