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Reply to "At what HHI did you stop feeling middle class?"
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[quote=Anonymous][quote=Anonymous]For me, the concept of middle class is you having to work for money. If you have a signifiamout of income to live on without touching principles ( in my opinion , 500k plus) earnings passively, this is when you Hugo beyond middle class. We earn over 1 mil a year, pay over 350k tax( became are w2). So what we actually spend is much less than our tax payment. I’ve just recently make this much, not enough passive income from investment to sustain lifestyle to not able to actively work. Thus we feel very middle class. It not about how much income you have but how you get your income. [/quote] I have seen people on board say this before but it’s nonsense. Up there with the “I’m not as rick as Jeff Bezos so I’m not that rich” posters. We have 300k hhi and I feel rich because I no longer have to budget— pretty much we can afford what we want to spend money on. Can I afford to fly first clase to an Aman resort? No. But I can afford to fly somewhere 1-2x a year for a week or two, shop at the farmers market, etc. [/quote]
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