Oh, absolutely. I’m just trying to use it as a marker to try to figure out where the goal posts should be for what we are calling “middle class.”
I have a friend who works in central Ontario for a fortune 500 and they take home ~80k/year, and I’ve considered them and their family middle class for a while, but they also were telling me that they’re overextended and struggling to keep up on interest payments…while also being denied a consolidation loan. So maybe they are not really middle class…?
Oh, absolutely. I’m just trying to use it as a marker to try to figure out where the goal posts should be for what we are calling “middle class.”
I have a friend who works in central Ontario for a fortune 500 and they take home ~80k/year, and I’ve considered them and their family middle class for a while, but they also were telling me that they’re overextended and struggling to keep up on interest payments…while also being denied a consolidation loan. So maybe they are not really middle class…?