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re: What do you consider as Middle Class in America today?
Posted on 1/14/16 at 12:23 pm to RickAstley
Posted on 1/14/16 at 12:23 pm to RickAstley
I think the big issue with Americans is debt in general.
One of my friends make 110k a year but due to poor financial decisions (credit cart debt) and necessary debt (student loans, mortgage) he's pretty much lives paycheck to paycheck.
Not to mention - this friend has a wife that literally does nothing and both are really into the concept of "keeping up with the jonses".
One of my friends make 110k a year but due to poor financial decisions (credit cart debt) and necessary debt (student loans, mortgage) he's pretty much lives paycheck to paycheck.
Not to mention - this friend has a wife that literally does nothing and both are really into the concept of "keeping up with the jonses".
1
Posted on 1/14/16 at 1:29 pm to tissle
quote:
I think the big issue with Americans is debt in general.
One of my friends make 110k a year but due to poor financial decisions (credit cart debt) and necessary debt (student loans, mortgage) he's pretty much lives paycheck to paycheck.
This is similar to the predicament I got myself into as well. And it's probably the mindset that makes me not feel like I'm middle class. I guess it's just all relative.
This post was edited on 1/14/16 at 1:43 pm
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