Comments on: Affluent Shop at Discount Stores http://www.consumerismcommentary.com/affluent-shop-at-discount-stores/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sun, 12 Feb 2012 20:01:44 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Darren R. Sussman http://www.consumerismcommentary.com/affluent-shop-at-discount-stores/comment-page-1/#comment-170 Darren R. Sussman Thu, 17 Feb 2005 17:35:44 +0000 http://wp.consumerismcommentary.com/?p=189#comment-170 In our society, it seems like the more you have, the more you spend. So while a family with a household income of $125,000 may be considered wealthy by the government, they may only really have as much disposable income as someone who makes $35,000 a year because they're spending more of it on things like their house and cars. This makes them feel no more wealthy than anyone else. Also, a household income of $125,000 means that with two wage earners, each of them is making a salary that could be considered more in-line with what middle-class earners are making. This makes them, individually, feel more like they are middle class. And yes, I do think that television and movies have distorted our image of wealthy. If you don't live in a huge mansion and have a nice garage of cars, you're just another working bum... In our society, it seems like the more you have, the more you spend. So while a family with a household income of $125,000 may be considered wealthy by the government, they may only really have as much disposable income as someone who makes $35,000 a year because they’re spending more of it on things like their house and cars. This makes them feel no more wealthy than anyone else. Also, a household income of $125,000 means that with two wage earners, each of them is making a salary that could be considered more in-line with what middle-class earners are making. This makes them, individually, feel more like they are middle class. And yes, I do think that television and movies have distorted our image of wealthy. If you don’t live in a huge mansion and have a nice garage of cars, you’re just another working bum…

]]> By: Flexo http://www.consumerismcommentary.com/affluent-shop-at-discount-stores/comment-page-1/#comment-169 Flexo Thu, 17 Feb 2005 06:51:52 +0000 http://wp.consumerismcommentary.com/?p=189#comment-169 Good points, Anonymous. $1M "sure ain't what it used to be" but it would sure be nice to cash one out nevertheless. Good points, Anonymous. $1M “sure ain’t what it used to be” but it would sure be nice to cash one out nevertheless.

]]> By: Anonymous http://www.consumerismcommentary.com/affluent-shop-at-discount-stores/comment-page-1/#comment-168 Anonymous Thu, 17 Feb 2005 06:04:12 +0000 http://wp.consumerismcommentary.com/?p=189#comment-168 There's a lot of mythology about the rich. (They're not like you or I.) It's the movies. People have an unrealistic image of the rich. I remember when a bunch of us cashed out $1M+ during the boom. You think it's cool for a while, but then you realize you still have to work, then you forget about it. Also: it's never enough. There’s a lot of mythology about the rich. (They’re not like you or I.) It’s the movies. People have an unrealistic image of the rich. I remember when a bunch of us cashed out $1M+ during the boom. You think it’s cool for a while, but then you realize you still have to work, then you forget about it. Also: it’s never enough.

]]> By: erin http://www.consumerismcommentary.com/affluent-shop-at-discount-stores/comment-page-1/#comment-166 erin Thu, 17 Feb 2005 00:41:29 +0000 http://wp.consumerismcommentary.com/?p=189#comment-166 I was listing to an NPR show the other day that basically said most of the people that think they are middle-class are actually working-class. They basically said the true middle-class are the people who control large companies. The upper class or wealthy own the company, the middle-class would be those that occupy the top-tiers organizationally of these companies. Everyone else would make up the working-class - both white- and blue-collar workers. I know quite a few people who make more than six figures who consider themselve to be working-class rather than middle-class. erin www.frugalgirl.blogspot.com I was listing to an NPR show the other day that basically said most of the people that think they are middle-class are actually working-class. They basically said the true middle-class are the people who control large companies. The upper class or wealthy own the company, the middle-class would be those that occupy the top-tiers organizationally of these companies. Everyone else would make up the working-class – both white- and blue-collar workers.

I know quite a few people who make more than six figures who consider themselve to be working-class rather than middle-class.

erin

http://www.frugalgirl.blogspot.com

]]> By: Flexo http://www.consumerismcommentary.com/affluent-shop-at-discount-stores/comment-page-1/#comment-167 Flexo Wed, 16 Feb 2005 21:57:31 +0000 http://wp.consumerismcommentary.com/?p=189#comment-167 That does seem to make sense. Here is a further description of the class system in the United States. That does seem to make sense. Here is a further description of the class system in the United States.

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