this post was submitted on 19 Jul 2024
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I’ve always thought the most important delineator was to have enough money that you don’t need to worry about money. I’m sure that line is somewhere between the middle income group and the wealthy. Those middle income people are definitely still worried about expenses.
A friend and I were talking and they mentioned different levels of "worry about money". First level is that you don't really worry about grocery costs. Second is you don't worry about the price of a meal out. Third is you don't worry about the cost of vacation. Fourth is you don't worry about the cost of luxury.
Yeah I’m middle income. I don’t have to worry about eating out if I keep it remotely under control. But I have to worry about retiring and other serious finances
I think that’s sort of what the article references at the end. Who knows which is true?