It’s about perspective. People making 30k don’t own homes and don’t have car payments most likely. People making 100k are paying mortgages which cuts their pay by about 1/3 and then a car payments takes another chunk. Not to mention healthcare or car insurance.
Do they know what they are saying here?
“Two in three said six-figure pay is not a sign of wealth.”
“A $100,000 income should put you firmly in the middle class, given that the median annual pay of America’s full-time workers is around $62,000.”
“Firmly middle class” is not “wealth”. So I guess the article authors are part of that 2 in 3? 🤔
Though to someone making $30,000 a year, $100,000+ is sure going to SEEM like wealth comparatively speaking.
It’s about perspective. People making 30k don’t own homes and don’t have car payments most likely. People making 100k are paying mortgages which cuts their pay by about 1/3 and then a car payments takes another chunk. Not to mention healthcare or car insurance.