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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]A fool and his money is soon parted. :lol: :lol: Yes, some people can earn 350K, but how many people can keep and grow it? 350K is UMC for savvy people and wealthy for savvy and frugal people. It is MC for someone who had unexpected catastrophe (illness, hurricanes, special needs) [b]or someone who is incredibly incompetent in money management. [/b] [/quote] Do you consider having children and requiring legal on the books childcare to be incompetence? What about the $1,200 a month you’re supposed to save per kid for college? Or federal taxes? Do all of these things scream incompetence to you? [/quote] Not incompetence, but those are luxuries and/or a but a dream to most.[/quote]
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