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Reply to "Why do so many affluent people insist they have "middle class" values?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'll be honest. My family has about a $350k HHI and I don't have middle class values. I like outsourcing and having the freedom to travel internationally. I send my kids to private schools. Honestly, I think the people in my tax bracket who claim "middle class values" are mostly lying to themselves. I have colleagues with 1/3 my HHI (which is actually middle class-like) and I know they live very differently than us. Whenever you see there is someone richer than you you can always imagine you are middle class. It's silly. Give it up. [/quote] I have a higher HHI than you do, and I have middle class values with an upper middle class lifestyle. We outsource, but we don't travel internationally and our kids go to public school. We have a paid off house worth less than 1 million dollars and drive 5 year old Japanese cars. I'm curious how many millions in net worth you have.[/quote] We are in our late thirties/early forties and our estate is worth about $4m, and that's from work, not inheritance. We don't overspend, and are frugal in many ways. Our cars are actually 10 years old+. I'm not flashy. My clothes that I am wearing today cost less than $200 for everything I'm wearing including my shoes. I have a $4k engagement ring but no other jewelry that cost more than $200 or so. We could survive if I lost my job, but not DH, but he has tenure so can't be fired. I'm just being honest that at this HHI I have choices middle class people don't have. I use some of them. I'm not going to claim that my life is as hard as the middle class, or that I have to make the same choices they do. I am lucky. I own it and don't have any illusions. The choice isn't middle class or Donald Trump. I'm close to being in the 1% and I'm not going to insult the person who can't just hire their nanny for some extra hours when a work emergency comes up, like I can, by claiming my life is just like theirs at the core. It's not. It's easier in many ways, and I accept that. [/quote] I appreciate your post.[/quote]
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