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re: 51% of 30 year olds make more than their parents did at 30;down from 92% in 1970

Posted on 12/9/16 at 11:22 am to
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32740 posts
Posted on 12/9/16 at 11:22 am to
quote:

a middle class DINK couple will be able to afford more things than a middle class family of 5


Which is why the lifestyle that you can afford matters more than a dollar amount in regards to class, IMO.
Posted by Salmon
On the trails
Member since Feb 2008
83631 posts
Posted on 12/9/16 at 11:25 am to
which is always the trouble with this topic

some people define it by lifestyle, while others define it by scale

I prefer scale because its the easiest and most consistent definition

too many variables as to why someone's lifestyle could be better or worse with the same salary

Posted by slackster
Houston
Member since Mar 2009
85138 posts
Posted on 12/9/16 at 11:41 am to
quote:

Which is why the lifestyle that you can afford matters more than a dollar amount in regards to class, IMO.




I mean I get what you're saying, but you can't really judge those outside factors when measuring this kind of stuff.

If you can't have kids because they'll cramp your middle class lifestyle, then you're not middle class. Obviously there is a limit on that though.
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