Reply to Half of six-figure earners live paycheck to paycheck

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[quote=Anonymous][quote=Anonymous]Not sure why people find this hard to believe. Data shows what a lot of you don’t like so you’re disagreeing with it. Typical of Americans

The truth of the matter is middle class and upper middle class people buy a lot of things that are a luxury. Baby boomers lived on a lot less and also had a lower standards of what a middle class life consists of.

and don’t get me started on upper middle class hyper educated people who want to live like the wealthy on a umc income.

Too many upper middle class people conflate themselves with independently wealthy people because they tend to be in the same settings as them. [/quote]

I agree that people often buy too much stuff, but your info about baby boomers is wrong. For one, baby boomers could have a median salary and buy a house! The median price of a home is now well over what a 100K income could afford, unless you have a hefty down payment. A dollar really just not stretch as far as it used to (when you account for inflation, obviously).

https://www.consumeraffairs.com/finance/comparing-the-costs-of-generations.html[/quote]

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