Reply to If you are middle class (<150k HHI), how would things be different if you were rich (>400k HHI)

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Reply to "If you are middle class (<150k HHI), how would things be different if you were rich (>400k HHI)"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes it is middle class. I standard government or military salary is middle class. If you have to live far from the city and have a long commute to work in order to comfortably afford housing, you are middle class.

The point is that people in the &gt;400k range don’t need to make those compromises. That is the difference. Whdd we n you are rich you can have what you want.[/quote]

$150 is Not middle class.  You don't have to have a far commute, you just get a smaller house, like we did.  And very few people need to live close to DC/city.  We don't.

At under $150K we live very comfortably.  Kids are in multiple activities (expensive), private weekly music lessons, almost paid off house, college savings (at this point enough to pay for a state school, room and board and extras), retirement savings, paid cash for our last vehicle and will for our next.  And, we do things like carry out a few times a week.  Its how you spend your money.  If you choose crazy high housing costs, sure, you can be house poor but is poor financial decisions not middle class.[/quote]

This is us too. We have everything we need, including a five bed house very close in and don't worry about paying for activities or eating out or vacations. We make less than $140k but that's about 40k more than we made two years ago and I feel like we have so much now![/quote]

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