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This budget shows how a $350,000 salary barely qualifies as middle class
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Topic: This budget shows how a $350,000 salary barely qualifies as middle class (Read 743 times)
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Wingnut
That is the problem with everything. They try and make it better without realizing the old is fine.
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This budget shows how a $350,000 salary barely qualifies as middle class
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September 12, 2019, 09:05:35 pm »
Most Americans would probably have a hard time wrapping their heads around a $350,000 salary. In fact, government data cited by Sam Dogen of the Financial Samurai blog shows that some 95% of U.S. households don’t pull in that much. The median household income in the U.S. is $57,782, with places like San Francisco and New York City showing medians income for a family at $96,265 and $79,781, respectively, according to the U.S. Census Bureau.
The thing is, that kind of income, while relatively huge, is barely enough, according to Dogen, for a family to lead a comfortable life in coastal counties — where almost half of the nation’s population calls home.
https://www.marketwatch.com/story/this-budget-shows-how-a-350000-salary-barely-qualifies-as-middle-class-2019-09-11
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IsailedawayfromFR
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Re: This budget shows how a $350,000 salary barely qualifies as middle class
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Reply #1 on:
September 13, 2019, 12:55:46 pm »
One word: Move
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Hoodat
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Re: This budget shows how a $350,000 salary barely qualifies as middle class
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September 13, 2019, 06:07:59 pm »
Sell your $1.8 million house. At 5%, that will give you an extra $19,000/mo every month for the next ten years.
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This budget shows how a $350,000 salary barely qualifies as middle class