What is Middle Class?

[Sheriff Gonna Getcha]

In my experience, the majority of Americans seem to live paycheck to paycheck, whether they are making $15,000 per year or $150,000 per year. People's "needs" tend to increase as fast as their incomes.

[firstdown]

Originally Posted by Sheriff Gonna Getcha

In my experience, the majority of Americans seem to live paycheck to paycheck, whether they are making $15,000 per year or $150,000 per year. People's "needs" tend to increase as fast as their incomes.

You mean people's wants increase as there pay checks increase. If your making 70 to 150 grand a year and living pay check to pay check then your over spending. Its not that people plan to fail its that they fail to plan.

[RobH4413]

Originally Posted by Sheriff Gonna Getcha

In my experience, the majority of Americans seem to live paycheck to paycheck, whether they are making $15,000 per year or $150,000 per year. People's "needs" tend to increase as fast as their incomes.

You're totally right.

Every american should read a book called "affluenza". The basis of the book is essentially "mo money, mo problems". It touches on some actual studies rating ones own happiness, wealth, etc.

Talks about how happy people say they are in "poor" countries. It was a pretty interesting read.