Reply to s/o - feeling "poor" at these ludicrously high incomes. what are they actually missing?

Forum Index » Money and Finances

Reply to "s/o - feeling "poor" at these ludicrously high incomes. what are they actually missing?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]I think the definitions and income bands have shifted over time. In the 80s-90s middle class or even UMC meant you owned a home in a good district so ideally you sent the kids to public school but the home wasn't necessarily new or large and often your kids shared bedrooms; you saved some for retirement and college; you had 2 cars but it's possible one or both were used and neither was luxury; you took 1 driving vacation a yr; you ate out once a week max and in some families it was more like once a month or a few times a yr for birthdays etc.

Now people seem to think UMC means huge new house and no kid will be sharing a bathroom let alone a bedroom; the option of going to private school when they get in a snit with their public school teacher; maxing out retirement; 2 cars - both new and both luxury; and at least 2 flying vacations per yr; and eating out 5-10 times/week -- fast casual any time their heart desires + all groceries MUST come from Whole Foods. Then when they realize that even at 300k, all of that can be a financial stress -- then they act miserable bc they "feel" poor.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics