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SweetTooth
I'm a tired mommy!
Member since 12/05 20105 total posts
Name:
Lauren
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another spinoff to middle class
If a family is making under the amount of money you consider to be middle class, what do you call them?
Poor? Poverty stricken?
Maybe this where the terms lower middle class and upper middle class come from.
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Posted 10/9/07 8:10 AM  |
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LSP2005
Bunny kisses are so cute!
Member since 5/05 19458 total posts
Name:
L
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Re: another spinoff to middle class
It really depends upon the number of people in the family and when they purchased their home. Lets say you purchased your home 10 years ago - you do not need as high a salary as you would if you purchased your home a year ago to afford the same lifestyle.
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| Posted 10/9/07 9:24 AM |
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nrthshgrl
It goes fast. Pay attention.
Member since 7/05 57538 total posts
Name:
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Re: another spinoff to middle class
Posted by LSP2005
It really depends upon the number of people in the family and when they purchased their home. Lets say you purchased your home 10 years ago - you do not need as high a salary as you would if you purchased your home a year ago to afford the same lifestyle.
Same here. I would consider them lower middle class
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| Posted 10/9/07 9:59 AM |
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saraH
happy birthday sweet kate!
Member since 5/05 16555 total posts
Name:
I know that God exsists, I held her in my arms...
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Re: another spinoff to middle class
I think lower middle class is right.
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| Posted 10/9/07 10:02 AM |
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nov04libride
big brother <3
Member since 5/05 14672 total posts
Name:
Me
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Re: another spinoff to middle class
I think it depends on how much below that income they make. To me middle class means being able to afford the necessities without worrying non-stop about making ends meet. That means health insurance, a car/car insurance if necessary for the area, a safe place to live (not necessarily own), a computer with internet, phone, and money towards retirement. Having enough of a cushion to handle a crisis such as health issues or home/house issues.
If you cannot afford those things (health insurance, food, or necessities) I would consider it lower class.
Message edited 10/9/2007 10:07:49 AM.
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| Posted 10/9/07 10:04 AM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: another spinoff to middle class
It's relative to their expenses.
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| Posted 10/9/07 10:06 AM |
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GoldenRod
10 years on LIF!
Member since 11/06 26792 total posts
Name:
Shawn
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Re: another spinoff to middle class
Posted by Blu-ize
It's relative to their expenses.
I agree. If you make $50,000/year, but the house is paid off, taxes are really low, cars are paid off, you go camping locally for vacations, so it's very low $$, you could be better off than someone making $100,000 and paying $4k/month mortgage, $2k/month for car payments, $$$$ for taxes.
It comes down more to how much you have after "necessities" are paid for.
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| Posted 10/9/07 10:26 AM |
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JenniferEver
The Disney Lady
Member since 5/05 18163 total posts
Name:
Jennifer
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Re: another spinoff to middle class
I think lower middle class. There's a whole spectrum of people below middle class who are not poor or poverty stricken. We're below middle class, but we have cell phones and cable tv. We struggle though. As a child we never went on vacation but with very few exceptions we could afford food.
For me right now, I don't want to say I'm poor. I have a car, I have a cellphone. I'm going on my first vacation in over 3 years soon (yay!), but although I have health insurance I struggle to meet deductibles and pay for my medications. My car is also getting old and it's in the shop and I'm really afraid because I don't have any option to pay the bill other than credit cards or once again emptying my meager savings. It gets a little scary sometimes, but I definitely would not call myself poor or poverty stricken. So many people have it unimaginably worse.
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| Posted 10/9/07 10:49 AM |
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