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Reply to "Study shows that 350k/year is barely scrapping by as middle class"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The ONLY way I’d say you can claim to be middleclass on a top 5% income, is if it costs you most of your income paying for required medical expenses. Since having cancer, or a special needs child, etc... is generally not something you can control.[/quote] What about requiring childhood for twins? This is around $4-5k per month if you aren’t willing to use an illegal daycare. [/quote] I personally don’t consider daycare a required expense. Unless you have no family in the country besides your children. A lot of people move to be closer to grandparents, or, (god forbid!) one of the parents take a break from their career until kids get old enough to be home alone.[/quote] Interesting that you think grandparents should just provide free childcare. Both my parents still work. We’d never be able to find jobs where ILs live but they are older and I’d never dream of imposing on them like that anyway. You’re not suggesting young children should be left alone? [/quote] +1. Many posters from flyover country seem to think we should all just have our parents watch our kids. Most of our parents can’t afford to live in DC. They are often still working in another part of the country. It’s extremely unusual to have retired parents living nearby who are available to watch our kids. [/quote]
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