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maxrecursion | 1 year ago

People considering $100,000 and even up to $200,000 rich is just idiotic, especially when considering where the person lives and if they have kids.

It can definitely be a comfortable lifestyle on a budget, but it is by no means rich. Housing costs alone makes it blatantly middle class. Add in kids which brings it own costs, and saving for college, which is basically a 2nd mortgage if you save what you're supposed to, and that income range is just getting by like everyone else

They just might have a bigger house, nicer cars, and can take better vacations. But they are busting their ass for those slight luxuries.

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tosmatos|1 year ago

Do you mean $200,000 a year or in assets?

By any means, I don't see how that's "blatantly middle class", even considering housing costs. Housing costs are the same whether you're wealthy or not.

More money means more money, if you have more, you're not "getting by like everyone else". Everyone else also has to pay all those things, wealthy or not.

Also I'd argue that most people in that range aren't busting their ass more than anyone living at minimum wage.