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poems-and-pride · 2 years ago
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What do you consider to be upper middle class nowadays?
Honesty idk. I live in a part of America near a lot of wealth and my parents never really talked about money. I went to school with people whose parents paid for everything no sweat + lived in mini mansions, and those whose electricity was getting cut off semi-regularly. (These folks were at different schools though.)
I’ve looked up your question quite a few times myself and still haven’t found a satisfactory answer.
My own context:
We aren’t struggling to pay for groceries during this inflation and I keep seeing my mom buy new clothes. A natural disaster semi-forced reconstruction on our home and insurance didn’t pick it up, so my mom has been spending almost any spare minute in the past 5 months navigating government aid and loans bc ~70k is NOT something blow-over-able. My parents are both homeowners, but not yacht-owners. We hire a cleaning lady to come every two weeks. We can get take-out/go to restaurants without worrying about the last time we ate out or quite how much it will be, and we eat a lot of frozen food. My parents def used to be flush rich at one point bc they have money set aside for me to go to an expensive college with almost no student loans.
I think if the parents/moneymakers of a household can say they’re living “comfortably,” then they’re upper middle class.
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