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]Some of you on DCUM are out of touch with the reality.
Middle class does not mean:
- Not having to worry about money
- Having a house in the most attractive neighborhood.
- Sending kids to the best schools in the state
- Having college fully funded
- Multiple vacations

If that's what you think you should have to be middle class, you are wrong. That's what makes you upper middle class or rich.[/quote]

In other words, middle class means you're poor?

It sounds like living from paycheck to paycheck in a crappy house in a bad area is what makes you middle class?  :roll:

I do think someone is out of touch with reality, and it is you. I can imagine how someone from a poor background can think of a basic middle class as wealthy. You are also putting words in other people's mouth. No one has argued for all the bullets in your list as a requirement for being basic middle class. It's more like:

- having some savings and some retirement funds. Which is not tantamount to never worrying about money.
- having a basic house (and for a family it usually means a decent SFH) in a decent area with decent schools. 
- having access to a decent public education. Doesn't mean it's 9 schools on Greatschools but decent enough. 
- helping to pay for college, which usually means in-state at a local / regional state school and often with loans still involved
- going to the Delaware or NC beaches once a year, usually with 1-2 other families sharing a rental. Or a lake somewhere.

Now are you going to argue this is upper middle class? [/quote]

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