by Austin Mom
This article touches on a topic we have visited before – what is middle class. For me, this one is more accurate in describing what I see in the world around me.
I found it odd that this was based on a family of three vs. a family of four. With a family of four (I count the college student in our family still), I am pretty confident we still fall just slightly over the line into upper middle class. But, the amount of money we live off of is definitely in the middle class range. This is because we generally reinvest all investment earnings, and save (for general and retirement purposes) out of current income.
I also agree with the comments about lifestyle creep. So totebaggers, do you think this article more accurately describes you see?
This is why everyone thinks they are middle class (even if they aren’t)
It might not feel that way, but you might actually be upper middle class.