It’s because they think the poorest Kardashian is middle class.
Shit I make 80k a year and still feel broke
$165k base salary here . Definitely not middle class. I would consider myself lower middle class.
Part of that is location, location, location.
$74K in Kansas City, St. Louis, Indianapolis, Memphis, etc… is a great salary and very middle class.
$74K in New York, LA, Chicago, Washington DC, etc… you are barely scraping by. The coasts and big cities are expensive, the fly over portion of the US not so much.
Yeeeaaahhhh… kids definitely affect this. I don’t know what I’d do if I only made 74k now.
Bro where are y’all living? My girlfriend and I have a household income of $134,000 and a mortgage of $950 at 2.75% for a $200,000 townhome (new construction in 2020). We had a trip to Cancun and New York last year, a trip to Chicago and Italy this year, and a trip to Montreal and Paris next year.
For reference we live in Greer, SC about two miles from the BMW facility. We are in Atlanta, Charlotte/Raleigh, or Charleston once a month.
I don’t believe anything below $100k is middle class
Lol at 74K in California being middle class.
2 earners in a household making 74k each is probably middle class. 148k household income. Still difficult to afford a house depending on area, but for most of the country that’s middle class.
74k household income, good luck. For people who purchased homes a while ago and have like $1000 mortgage payments, sure, that’s maybe middle class. But for younger millennials and for gen z, it’s not enough for home ownership which is the cornerstone of the middle class.
Preschool for two kids is $3500 per month. That’s $42K per year in after tax dollars, so ~$60k in pretax dollars. That’s if you only have two.
Median HOUSEHOLD income is right around that number. It’s the very definition of middle class.
The key is: “x 2” and no kids.
Yall tripping $74k aint shit even for a single person with no kids. Not all of us can have 16 roommates and live off of ramen. If you live by yourself in a moderate COL area and want to have a little fun every so often and not eat dog food regularly, $74k is the bare minimum you can do that on while still saving a little each month. Maybe thats middle class, but if it is that shit aint for me I want more.
Ahahahaha..74k in California is like minimum wage
What does “middle class” even mean?
If I make $40k but my net worth is $200k am I middle class?
If I make $140k but my net worth is $40k am I middle class?
If I make $240k but my net worth is -$60k because of student loans, am I middle class?
How would these 3 people “rank” on the class spectrum?
I know broke people making double what I do living 10 minutes away from me. Which one of us is higher class if I invest $2000/paycheck and they spend every penny?
Serious question, wondering how people reconcile these obvious lifestyle differences when talking about whether an income is “middle class”
America is designed to take as much of your paycheck as possible if you have no self control. I know people making 200k plus who live paycheck to paycheck while I also know people making 60k and living comfortably. All about being smart and living a lifestyle that makes sense for you
There’s no such thing as middle class.
If you work for a living, then you’re a working class individual. If you have capital and make it work for you to where you can live off it, you’re a part of the bourgeois (or capitalist class).
If you’re a working class person but have capital to afford you dividends or other material gain, then you’re what’s called [the petite bourgeois.](https://en.m.wikipedia.org/wiki/Petite_bourgeoisie) How much you work, to what percentage you just make from having your money in investments determine how bourgeois you are. It’s a transitory state, and the number of people who are in this transitory state from worker to capitalist is entirely arbitrary.
The “middle class” is the distinction of separating the working proletariat from the petite bourgeois even though they both have to work for a living. The problem is that 90% of people think of themselves as the petite bourgeois. When the VAST majority of stocks and dividends are given out to a very small minority of people, there’s not alot of people that can be petite bourgeois except for people who are like small time buisness owners.
No DEBRAH, your 5 shares in Amazon does not mean you can even afford a slice of bread, let alone think of yourself as “middle class.”
It’s so strange to me that people brag about making more than 74k and that they are still broke because they live in one of the most expensive cities on the planet.
19 comments
Not middle class in hcol area imo.
It’s because they think the poorest Kardashian is middle class.
Shit I make 80k a year and still feel broke
$165k base salary here . Definitely not middle class. I would consider myself lower middle class.
Part of that is location, location, location.
$74K in Kansas City, St. Louis, Indianapolis, Memphis, etc… is a great salary and very middle class.
$74K in New York, LA, Chicago, Washington DC, etc… you are barely scraping by. The coasts and big cities are expensive, the fly over portion of the US not so much.
Yeeeaaahhhh… kids definitely affect this. I don’t know what I’d do if I only made 74k now.
Bro where are y’all living? My girlfriend and I have a household income of $134,000 and a mortgage of $950 at 2.75% for a $200,000 townhome (new construction in 2020). We had a trip to Cancun and New York last year, a trip to Chicago and Italy this year, and a trip to Montreal and Paris next year.
For reference we live in Greer, SC about two miles from the BMW facility. We are in Atlanta, Charlotte/Raleigh, or Charleston once a month.
I don’t believe anything below $100k is middle class
Lol at 74K in California being middle class.
2 earners in a household making 74k each is probably middle class. 148k household income. Still difficult to afford a house depending on area, but for most of the country that’s middle class.
74k household income, good luck. For people who purchased homes a while ago and have like $1000 mortgage payments, sure, that’s maybe middle class. But for younger millennials and for gen z, it’s not enough for home ownership which is the cornerstone of the middle class.
Preschool for two kids is $3500 per month. That’s $42K per year in after tax dollars, so ~$60k in pretax dollars. That’s if you only have two.
Median HOUSEHOLD income is right around that number. It’s the very definition of middle class.
The key is: “x 2” and no kids.
Yall tripping $74k aint shit even for a single person with no kids. Not all of us can have 16 roommates and live off of ramen. If you live by yourself in a moderate COL area and want to have a little fun every so often and not eat dog food regularly, $74k is the bare minimum you can do that on while still saving a little each month. Maybe thats middle class, but if it is that shit aint for me I want more.
Ahahahaha..74k in California is like minimum wage
What does “middle class” even mean?
If I make $40k but my net worth is $200k am I middle class?
If I make $140k but my net worth is $40k am I middle class?
If I make $240k but my net worth is -$60k because of student loans, am I middle class?
How would these 3 people “rank” on the class spectrum?
I know broke people making double what I do living 10 minutes away from me. Which one of us is higher class if I invest $2000/paycheck and they spend every penny?
Serious question, wondering how people reconcile these obvious lifestyle differences when talking about whether an income is “middle class”
America is designed to take as much of your paycheck as possible if you have no self control. I know people making 200k plus who live paycheck to paycheck while I also know people making 60k and living comfortably. All about being smart and living a lifestyle that makes sense for you
There’s no such thing as middle class.
If you work for a living, then you’re a working class individual. If you have capital and make it work for you to where you can live off it, you’re a part of the bourgeois (or capitalist class).
If you’re a working class person but have capital to afford you dividends or other material gain, then you’re what’s called [the petite bourgeois.](https://en.m.wikipedia.org/wiki/Petite_bourgeoisie) How much you work, to what percentage you just make from having your money in investments determine how bourgeois you are. It’s a transitory state, and the number of people who are in this transitory state from worker to capitalist is entirely arbitrary.
The “middle class” is the distinction of separating the working proletariat from the petite bourgeois even though they both have to work for a living. The problem is that 90% of people think of themselves as the petite bourgeois. When the VAST majority of stocks and dividends are given out to a very small minority of people, there’s not alot of people that can be petite bourgeois except for people who are like small time buisness owners.
No DEBRAH, your 5 shares in Amazon does not mean you can even afford a slice of bread, let alone think of yourself as “middle class.”
It’s so strange to me that people brag about making more than 74k and that they are still broke because they live in one of the most expensive cities on the planet.
If that’s your goal, I guess go you 🤷♂️