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Reply to "What’s the different between upper middle class and upper class?"
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[quote=Anonymous][quote=Anonymous]I think the biggest difference between the UMC and UC is time. That is, your time is your own when you’re UC. You don’t think twice about flying out mid week to NYC to see a concert or going skiing or flying to Caribbean with friends. I have relatives like this who’ve invited us along not realizing that they don’t have to negotiate bosses, clients, childcare or paid time off the way a highly compensated and golden handcuffed UMC person does. And yes, this is different than the retired couple with $5 million in the bank who spend their weeks playing pickle ball or golf while collecting a social security check. Not that there is anything wrong with that. [/quote] This is so accurate. Our wealthy friends who own successful businesses can do whatever they want with their time in a way the UMC and W-2 working wealthy can’t. They also have 24/7 household staff (not live in, but there’s always 2-3 staff floating around for round the clock coverage), which covers any childcare or pet care gaps or errands etc. Seems like a great way to live. Endless freedom. [/quote]
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