Originally posted by: Rowboat
Upper class are sustained by income generated through assets.
Middle class work for a living and blow it all on things that make them feel like they are upper class.
Upper middle class just have nicer looking liabilities.
Originally posted by: Rowboat
Upper class are sustained by income generated through assets.
Middle class work for a living and blow it all on things that make them feel like they are upper class.
Upper middle class just have nicer looking liabilities.
Originally posted by: Rowboat
Upper class are sustained by income generated through assets.
Middle class work for a living and blow it all on things that make them feel like they are upper class.
Upper middle class just have nicer looking liabilities.
Originally posted by: Frackal
Fair, but how about:
Person A: Has 2 mill in the bank and lives off the ~160k+ in interest
vs
Person B: Has maybe 500k in the bank, and is salaried at 300k/year
This would explain why some people constantly complain about lowering taxes.Originally posted by: Rowboat
Upper class are sustained by income generated through assets.
Middle class work for a living and blow it all on things that make them feel like they are upper class.
Upper middle class just have nicer looking liabilities.
Originally posted by: Nemesis 1
A $100'000 upper middle class not a chance. its way more than $100,000.
In 1950 $100,000 was big money today thats peanuts.
Originally posted by: StinkyPinky
Originally posted by: Nemesis 1
A $100'000 upper middle class not a chance. its way more than $100,000.
In 1950 $100,000 was big money today thats peanuts.
Peanuts? That's twice what I'm earning. I'd love to earn 100k.
Originally posted by: Random Variable
If you're in the upper middle class, you can afford a $200 hooker; if you're in the upper class, you can afford a $4000 hooker.
Originally posted by: mcmilljb
If you have to ask for the price BEFORE buying something, you're not upper class. Sound good enough?
Originally posted by: ranmaniac
Originally posted by: mcmilljb
If you have to ask for the price BEFORE buying something, you're not upper class. Sound good enough?
To an extent, but some wealthy people got their wealth because they are frugal.
Originally posted by: Nemesis 1
A $100'000 upper middle class not a chance. its way more than $100,000.
In 1950 $100,000 was big money today thats peanuts.
Originally posted by: Ns1
3 bmw's