Comment on People who say 'the rich get richer, the lazy live for free, and the middle class pays for it all' don't realize how expensive it is to be rich and how close middle class is to being below the poverty line.

Fedegenerate@lemmynsfw.com ⁨3⁩ ⁨weeks⁩ ago

• Kolanaki@pawb.social ⁨3⁩ ⁨weeks⁩ ago

  “I am closer to becoming a millionaire than Elon Musk is.”

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  • TranquilTurbulence@lemmy.zip ⁨2⁩ ⁨weeks⁩ ago

    Turns out, I’m already a millionaire. Just need to take my 10 euros and exchange them for Libanese Pounds. I wonder if my local Forex has those…

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• SparroHawc@lemmy.zip ⁨3⁩ ⁨weeks⁩ ago

  Millionaires don’t count as ‘rich’ any more.

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  • OneOrTheOtherDontAskMe@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

    I disagree.

    Low millions, like your net worth in your 60s when you own a home, potentially two cars, and a retirement fund. 1-4 million? Sure, not rich, well off by most standards.

    Closing in on thay double digit millions? Yeah you’re rich. Hell, in most of the US, having a net worth of 7 million dollars is the ‘eccentric millionaire’ level for most of rural America.

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    • SparroHawc@lemmy.zip ⁨3⁩ ⁨weeks⁩ ago

      Multi-millionaires are well-off. Rich is being able to throw your money around to get what you want. That doesn’t really hit until you’re at the five-million mark, in my opinion. Any less and you’re in the ‘I have a big home and also a summer home’ level, where you own some expensive luxuries but aren’t quite at the ‘I have staff to do that for me’ level.

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• TubularTittyFrog@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  most people middle aged people with six figure careers are millionaires. that’s why the number of millionaires keeps going up.

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  • jjjalljs@ttrpg.network ⁨3⁩ ⁨weeks⁩ ago

    Some of my peers should be rich enough to retire, but fell victim to lifestyle inflation. Sure they’re making $250k/year, but they moved into a $5k/mo apartment, go on expensive vacations, and just do whatever in their day to day. I don’t know where their money goes. Maybe they are secretly investing.

    Meanwhile I live like a goblin on less

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    • TubularTittyFrog@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

      they spend it.

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      • jjjalljs@ttrpg.network ⁨3⁩ ⁨weeks⁩ ago

        I did have a coworker that was both a picky eater and didn’t cook. She’d order seamless (GrubHub) for most meals. That’s got to be like… $30/meal, two meals a day so $60, seven days a week, ~$400/week? My monthly food budget is like $200. Plus she’d go out drinking. Guess that adds up. That’s like $100k over five years.

        She also had an expensive gym membership she didn’t use and was too shy to cancel.

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• Goodlucksil@lemmy.dbzer0.com ⁨3⁩ ⁨weeks⁩ ago

  Sadly for your arguments, currently it is easier to lose any amount of money than to win it.

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