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re: What do you consider "Upper Middle Class"?

Posted on 3/17/14 at 6:31 pm to
Posted by LouisianaLady
Member since Mar 2009
82243 posts
Posted on 3/17/14 at 6:31 pm to
quote:

When he mentions upper class that isn't some plant worker making 90k that has saved all his life and is now a millionaire


Exactly This is how I grew up.. and why we are not at all upper anything.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
283183 posts
Posted on 3/17/14 at 6:54 pm to
quote:

Around 90k household income.


this is probably the only decent answer yet


Puts you in the upper 25%

LINK

INCOME REQUIRED TO BE IN THE:
TOP 1% $383,001
TOP 5% 188,001
TOP 10% 140,001
TOP 25% 89,125
TOP HALF 50,742
BOTTOM 25% 25,411
BOTTOM 10% 12,154
Posted by Marciano1
Marksville, LA
Member since Jun 2009
19392 posts
Posted on 3/17/14 at 6:58 pm to
The OT is the last place I'd ask any financial-related questions.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/17/14 at 7:00 pm to
so you're telling me i'll graduate college and be in the top 50%


with a damn good chance of top 25% after a few years
Posted by Buddy Garrity
Member since Mar 2013
4224 posts
Posted on 3/17/14 at 7:01 pm to
i think this is more of a social discussion than economic, but there is some extreme delusion in this thread about household income.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
283183 posts
Posted on 3/17/14 at 7:09 pm to
quote:

i think this is more of a social discussion than economic, but there is some extreme delusion in this thread about household income.


There usually is on here.
Posted by N2cars
Member since Feb 2008
34819 posts
Posted on 3/17/14 at 7:12 pm to
The top 1% is really segregated.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
66138 posts
Posted on 3/17/14 at 7:15 pm to
The op clearly meant economic status, but for whatever reason, people started talking about the vague and useless "social class" distinction, as if that has any relevance in today's world.
Posted by deNYEd
New Orleans
Member since Jul 2007
9699 posts
Posted on 3/17/14 at 7:17 pm to
That's the nature of class. Why do you think people in the south typically ask what what your parents do. It's meant to get an immediate assertion of your perceived social class.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
283183 posts
Posted on 3/17/14 at 7:17 pm to
quote:

The op clearly meant economic status, but for whatever reason, people started talking about the vague and useless "social class" distinction, as if that has any relevance in today's world.


Social class means far more in some places than others. When I lived in North La, it was a pretty big deal. It isn't around here.
Posted by Buddy Garrity
Member since Mar 2013
4224 posts
Posted on 3/17/14 at 7:18 pm to
quote:

but for whatever reason, people started talking about the vague and useless "social class" distinction, as if that has any relevance in today's world.

ok
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/17/14 at 7:19 pm to
quote:

The op clearly meant economic status, but for whatever reason, people started talking about the vague and useless "social class" distinction, as if that has any relevance in today's world.


:|
Posted by TheIndulger
Member since Sep 2011
19245 posts
Posted on 3/17/14 at 7:20 pm to
Class is a state of mind.
Posted by LouisianaLady
Member since Mar 2009
82243 posts
Posted on 3/17/14 at 7:20 pm to
quote:

i think this is more of a social discussion than economic, but there is some extreme delusion in this thread about household income.


Someone else brought up a good point. The lower/lower middle class has access to things that the upper class also uses. iPhones.. nice cars.. etc.

You don't see anyone without a smartphone anymore. You see lower class people wearing $200 shoes and carrying $600 purses.

I work for an insurance company, and half of the people who are constantly missing payments and making their policy lapse are people driving 2013 nice vehicles.

But I think having these nice things makes people think they're better off than they are.
Posted by deNYEd
New Orleans
Member since Jul 2007
9699 posts
Posted on 3/17/14 at 7:21 pm to
You are a little out of touch if you think it means nothing in "today's world". Of course it's not of the same importance as it once was, but in more affluent areas it is everything.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
66138 posts
Posted on 3/17/14 at 7:24 pm to
Explain to me how it matters? Who decides it? How can I tell which social class I am in, and why should I care to know? What does someone with $10mm in assets and $500k annually who us considered "lower social class" miss out on that they want to do?

Seriously, who cares? At this point, nearly everything one could want to do can be accomplished with money. This isn't the middle ages.
Posted by VABuckeye
NOVA
Member since Dec 2007
37691 posts
Posted on 3/17/14 at 7:27 pm to
NVM, not worth it. I'm with him^^^^^

This post was edited on 3/17/14 at 7:31 pm
Posted by Skillet
Member since Aug 2006
111915 posts
Posted on 3/17/14 at 7:31 pm to
Rich = Escalade
UMC = Yukon
MC = Basic Tahoe
Poor = Chevy Malibu
Food Stampers = Escalade
Posted by glassman
Next to the beer taps at Finn's
Member since Oct 2008
117321 posts
Posted on 3/17/14 at 7:34 pm to
quote:

At this point, nearly everything one could want to do can be accomplished with money. This isn't the middle ages.


In some places it matters. Not nearly as prevelant as in times past.
Posted by LouisianaLady
Member since Mar 2009
82243 posts
Posted on 3/17/14 at 7:34 pm to
Ehhh.

There's definitely a world that some upper class live in that we know nothing about and would not fit into.

ETA: But I do agree with you as well.
This post was edited on 3/17/14 at 7:35 pm
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