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Posted on 7/28/20 at 8:53 am to
Posted by DiamondDog
Louisiana
Member since Nov 2019
10677 posts
Posted on 7/28/20 at 8:53 am to
quote:

the problem is perspective. i can summarize this very easily. do you have savings? investments?



Nothing substantial besides a new brokerage account with $2500 in it and $55,000 in a 401k.

We paid off a lot of debt the past two years that helped get us where we are today. We’re finally free of bad decisions and really starting out at this stable income level.

But yeah, give me more time, I see your point. But again, you can tell me I’m a top earner at this point but I’m not rich. This point in the timeline at this singularity is not representative of 10 years from now. Right now, I’m making it because I don’t have time on my side.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
425279 posts
Posted on 7/28/20 at 8:56 am to
quote:

Nothing substantial besides a new brokerage account with $2500 in it and $55,000 in a 401k.

anything above $0 puts you ahead of almost half of the US



that's why i asked. it's a matter of perspective. people who are doing middle class (and above) things don't really associate much with the mass of people who are way below them. you associate with other people at/near your station and it creates a severe priming effect

so the next issue is defining what "middle" means. are we talking about the middle third? of income/savings?

some people seem to want to expand "middle" class to mean about 80% of the population
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