Quote:
Originally Posted by GordonBlue
guess I have a hard time thinking couples who make over $200,000 a year really should be considered middle class, even with today's cost of living.
even if they may not be true upper class.
if your family is clearing 10K a month, you're doing pretty darn well for yourselves..
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I think those couples (which are very common in my circles, and I am not one of them) are on their way to being upper class, if they don't make foolish decisions, and have some things go their way, but aren't there yet. I mean, I think it is obvious that if a household has only made $200k for one year, that's a whole different scenario than a household that has had a decade or two of clearing $200k+ a year.
And then there is the trust fund kid, who maybe makes $200k a year in interest, but is vastly different in terms of lifestyle than the couple of 30 something engineers. The trust fund kid doesn't have to pay a mortgage, the engineers have a sizeable one. The trust fund kid doesn't have a job, the engineers have their time filled with work responsibilities. The trust fund kid has no dependents, the engineers have many.
You are hung up on income. Something that wealthy people aren't. They just don't think about income the same way you (we?) do.