It seems as if people on the fringe of middle class or are "middle class" love to look down on poor people.

[Ethnic Vagina Finder]

They are no different than rich people at times. Someone making 60k financing a 2018 BMW will look down on someone working at McDonalds or driver for Amazon. And for what?

 

[Ezekiel 25:17]

The $60k/yr middle class person barely works 1 hour a day in their own cushy air conditioned home. Add in a spouse making $60k and splitting the bills and shyt is gravy.

That sounds pretty superior to me.

 

[Panther]

The $60k/yr middle class person barely works 1 hour a day in their own cushy air conditioned home. Add in a spouse making $60k and splitting the bills and shyt is gravy.

That sounds pretty superior to me.

They're 1 or 2 missed paychecks away from financial problems

Relax

 

[Ezekiel 25:17]

They're 1 or 2 missed paychecks away from financial problems

Relax

No they aren't.

https://www.experian.com/blogs/ask-experian/average-savings-by-age/

What does the average person your age have in savings? The answer won't tell you much about your own financial security, but knowing what others have in the bank might give you an indication of whether you're keeping up or falling behind.

According to the Federal Reserve's Survey of Consumer Finances (SCF) for 2022 (the most recent study released publicly), the average savings balance for people ages 64 and younger ranged from $20,540 to $72,520, with median balances ranging from $5,400 to $8,700. Here's what each of four major age groups have in savings, along with some guidelines for retirement savings by age, tips on saving more and suggestions on where to keep your money.

Average Savings by Age​

The Federal Reserve tracks balances by age for transaction accounts, which include checking, savings, money market and brokerage cash accounts, as well as prepaid debit cards. While some of these balances aren't held in designated savings accounts, they do represent cash on hand.

We'll look at both the median and mean (average) transaction account balances from the Fed's data. Mean account balances are an average of all balances used in the survey divided by the number of accounts. However, because the data used in the SCF is weighted to include super-wealthy households, the statistical average may be skewed. For comparison, we'll also include median balances to get a sense of where the midpoint between the highest and lowest balances lies. According to the Fed report, median values may be more representative than averages of typical account balances for each group.

Here's what the Fed's Survey of Consumer Finances reports about savings by age.

Savings by Age 34​

Average transaction account balance: $20,540
Median transaction account balance: $5,400

Early adulthood is full of financial challenges—getting through school, launching a career, starting a life and paying down student loan debt, to name a few. The standard advice is to save at least three to six months' worth of expenses in an emergency fund. The reality: $5,400 is the median checking and savings balance and $20,540 is the average for people under age 35.

 

[Field Marshall Bradley]

The $60k/yr middle class person barely works 1 hour a day in their own cushy air conditioned home. Add in a spouse making $60k and splitting the bills and shyt is gravy.

That sounds pretty superior to me.

Why would you look down on anyone earning an honest living?

 

[Saysumthinfunnymike]

It doesn't matter how much someone makes, if they are fukked up financially where they are paying for kids, private school, mortgage, sitters, car payments, family vacation etc. and they don't know how to invest or save money they are going to feel the heat and those are the type of people who punch down on the poor because they aren't happy with themselves.

 

[T.H.E. Goat]

You just have to laugh at the consumerism brain rot and keep it moving

 

[Ezekiel 25:17]

Why would you look down on anyone earning an honest living?

I don't look down on anyone earning an honest living. I just said I can see why middle class folks think they are superior.

You got to get it how you live it out here. It's a stunting culture

 

[UncleTomFord15]

The average "middle class" person is just 1 or 2 checks away from being broke.

 

[Panther]

nvm

 

[Unbothered]

Middle-class people tend to be delusional, not all of them, of course, but a large portion like to act like they're in the same social club as millionaires and billionaires, not realizing that, in comparison, they'd view you as a bum compared to them.

Most middle-class people, especially those in the lower end of it, are not too far away from being in the low-income bracket, hell, in some cities and states, they probably would be considered as such.

When COVID happened, and everything started shutting down, reality kicked in, and many were forced off their high horse, realizing that when shyt hits the fan, they're no better than the people (low-income, fixed-income, etc) they looked down on.

I remember an Aunt of mine who worked for DSS for over 20 years before she retired recently, told me how, during COVID, you had people who normally wouldn't be signing up for SNAP, temporary assistance, and Cash assistance, etc, standing up in line.

She even saw one lady filling out an application, quietly crying on the phone, telling whoever was on the other end how embarrassed she felt. Guarantee you, she's probably the same one who thought she was too good for these benefits and likely looked down on those who received them.

 

[Dorian Breh]

Middle class people fukking up all their money on sports betting nowadays anyway, in my experience

 

[RickyDiBiase]

Thing is, people who are middle class don't wanna stay middle class. That's not a bad thing.