What "class" would everyone say they're in?

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You’re all living with blinders on, everyone in consulting is upper class. There’s no official definition but widely agreed is half to 1.5x the median income. Median household income in the United States is about $80k. Median income (individual is $38k). Let that sink in… if you make $15k to $60k, that’s middle class.

We’re all 1%ers here.

likesmart

Lol wild take Sage 1. This was true before the stock markets were created. So if I’m a mechanic making $40k but I own a few shares of Microsoft, I’d be middle class. And if I come from old money but it only covers my mortgage, I’m middle class? Those definitions are quite stale. You can’t combine income distribution, net worth, AND how you live compared to your means all together into your own class definitions. Gotta pick one or at least two.

500k TC, I'd say middle maybe even lower middle. After my Audi payments, little timmy's daycare and juliard piano lessons, my wife's monthly Nordstrom budget, our mortgage (no we couldnt get a place in tribeca so
timmy can walk to daycare, we had to settle for west village and uber him there every morning. Thanks biden🙄) and our grocery list we only save about 4 grand a month.

Father used to save at least double this (I think. He never let us see the money) and still take us to Aspen and Miami every year.

funny

Why does your wife need a Nordstrom budget…

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i slide in as solid upper middle lower upper quarter third class

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