Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Over 200k is rich. I don't care if that means you can't afford 40k per year private school. You have choices, you are not struggling, none of your bills should be a struggle. So what you cannot afford vacations in Aspen and EU. That doesn't qualify you for middle class.
Any HHI can be on a budget.
There is no 300k middle class. I don't care where you live. You chose your home and your mortgage.
This used to be the definition of middle class. Now it's rich?
I know. Personally, I think with including me inequality the way it is, more people have fallen into poverty and yet still junk they are MC. No you are POOR if you can’t save at all.
THIS. People on here are so concerned about the rich claiming to be MC. The real concern should be the poor claiming to be MC. Until people can admit they are poor, we will never see the structural changes society needs.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Over 200k is rich. I don't care if that means you can't afford 40k per year private school. You have choices, you are not struggling, none of your bills should be a struggle. So what you cannot afford vacations in Aspen and EU. That doesn't qualify you for middle class.
Any HHI can be on a budget.
There is no 300k middle class. I don't care where you live. You chose your home and your mortgage.
This used to be the definition of middle class. Now it's rich?
I know. Personally, I think with including me inequality the way it is, more people have fallen into poverty and yet still junk they are MC. No you are POOR if you can’t save at all.
Anonymous wrote:That is called retirementAnonymous wrote:Rich is when your liquid assets can support your lifestyle without having to work.
Anonymous wrote:Anonymous wrote:I don't understand all these people who are like "you make 400k you are rich, stfu"
What do you think when you go to really upscale places like Nantucket or Aspen and see how truly rich people live? When we were in Bar Harbor over the summer, I was amazed by all the big yachts we saw in the harbor or anchored off shore. Plus all the huge vacation homes that people own. These people are the rich in this country!
Let me explain it to you. A person with an IQ of 135 is gifted, and a person with an IQ of 180 is gifted. One is obviously more gifted than the other, but both kid’s parents would absolutely try to get them in AAP. By the same token, someone only needs an income of $421,000 to be in the top 1% of earners in the US. (It’s north of $500,000 in Virginia.) When I think rich, I think the top 5%-10%. Earning $400,000 a yearly easily puts you in the top 5% of earners if you live in Virginia.
TL/DR: You’re not MC just because someone is richer.
Anonymous wrote:Anonymous wrote:Over 200k is rich. I don't care if that means you can't afford 40k per year private school. You have choices, you are not struggling, none of your bills should be a struggle. So what you cannot afford vacations in Aspen and EU. That doesn't qualify you for middle class.
Any HHI can be on a budget.
There is no 300k middle class. I don't care where you live. You chose your home and your mortgage.
This used to be the definition of middle class. Now it's rich?
That is called retirementAnonymous wrote:Rich is when your liquid assets can support your lifestyle without having to work.
Anonymous wrote:I don't understand all these people who are like "you make 400k you are rich, stfu"
What do you think when you go to really upscale places like Nantucket or Aspen and see how truly rich people live? When we were in Bar Harbor over the summer, I was amazed by all the big yachts we saw in the harbor or anchored off shore. Plus all the huge vacation homes that people own. These people are the rich in this country!