The article is calling people who make between $100k to $150k a year wealthy.
It’s barely middle class for most places now.
Yeah, but like, isn’t that where the majority of people live?
So when talking about “most places” it makes sense for it to be “places most likely for people to live”. If it was literally “most places” America is pretty fucking empty.
I googled it, the average price for an acre in Kansas is like 3.5k.
In “most places” it’s cheap as hell. But no one lives there so why talk about it?
median household US income is under 80K.
even most major metros are still under 100k.
I’m in the income bracket described here (certainly not “wealthy”) and while I wouldn’t say i am struggling, I have had to cut down on some extraneous spending. Nothing like what most people are facing though.
Wait until that first surprise medical event. In that bracket. Employed full time w/health “insurance”. Eating instant ramen and had to get roommates. Lifestyle medication woo
They can’t make you pay medical debt. But the pharmacy doesn’t refill your meds without payment up front. And you make too much for financial assistance and the fact your employer provides insurance actually eliminates counter discounts (uninsured discounts) and other benefits.
Plus people on the internet will accuse you of being bad at money because “nobody making over $100k is poor”
What a joke of a headline. That’s not what making ends meet means. They are wealthy, by definition they can afford to make ends meet.
Two observations:
-
As others pointed out, there are an awful lot of people who live in places where $100-150k is not close to wealthy. A small number of large, expensive cities has a giant percentage of the population.
-
How is anyone surprised that when inflation stays up for a while, people find it hard to maintain their standard of living. When you compare the person making $150k to the person making $100k, it doesn’t mean that they’re pocketing $50k every year, it means that they’re likely renting a more expensive place or paying on a more expensive car. They’re likely both just living within their means and, of you make everything in life cost more, both are going to have a hard time paying their bills. It’s not until you get to people who are making more than they can spend that that changes.
If they’re struggling to male ends meet then they aren’t wealthy, are they?
Time to move the goalposts along for what’s defined as ‘wealthy’
