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Reply to "Lower Middle Class VS Upper Middle Class "
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[quote=Anonymous]Hmmm. Can't some of you figure out that "LMC" folks may have different savings strategies, educational approaches, etc based on their incomes and backgrounds? If my parents had more money, they would've probably had different investment strategies. But they didn't, so they chose the most conservative path. Regarding schools, my parents did not go to college, so they were less skilled in guiding me along the application process. That doesn't translate, however, into they didn't care about what I was doing or they placed less value on it, just only that they lacked a background in the area. It takes a village to raise a child and life can be a lot more forgiving - and less expensive - if your relative, who live around the corner, are able to cover for you during times of crises. [/quote]
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