Monday, May 24, 2010

A. poor b. middle class c. wealthy d. other?

no debts except utilities %26amp; living expenses, live in usa, $5100 monthly with 3% yrly increase.Got $insurance, savings, mtg paid, 2 cars.

A. poor b. middle class c. wealthy d. other?
you certainly wouldn't be poor, unless you lived in Beverly Hills or someplace where $5100 won't cover expenses so easily. The assest alone would enable you to go and leverage them for more cash to do something with. at the very least, b.





Wealthy? You're essentially say net $60k after expenses a year. This is probably better than most people making $150k/yr, because their lifestyle exceeds that. It's all relative...
Reply:b. middle class..


Thought there's a increase in salary yearly, the monthly salary doesn't reached the quota of being wealthy..
Reply:You are at the higher end of middle class for most middle class have a mortgage and NUMEROUS car loans for they have no clue how save up and pay cash for them !





You are sitting pretty good... Live happily! : )
Reply:Class pervades wealth alone. If you make a million dollars a year, but you choose to live in a trailer, you're still considered lower class. It's never income alone. Is Kevin Federline upper class? He benefits from combined assets with Britney Spears and he's still considered lower class.





You'd be middle class if you act according to societally-set parameters. But if you haven't been immersed in the customs and attitudes of that social class, you're not considered accordingly.
Reply:that's middle class... wealthy would technically be around 100,000 a year and up. but wealth is what you make of it-- if you're happy and healthy, then you're the wealthiest person in the world.
Reply:How about upper middle class ?


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