Key Characteristics of the Lower Class

[Suba]

Many people, whether they realize it or not, often differentiate or stratify based on wealth. People are often looked down upon if they are poor, and even the opinions and ideas of poor families are often ignored at family gatherings. Wealth is the most striking benchmark or indicator, along with position or holding a high position in a company or government. Wealth often influences a person's lifestyle, including food, transportation, clothing, and other resources, becoming the criteria for categorizing a person's financial status.

Here are some key characteristics of a community's financial condition according to GoBankingRates.com:

1. Housing
If someone has difficulty finding decent, comfortable, and safe housing, they are likely in the lower class.

2. Occupation
A person is considered middle class if they work in a managerial position or a job that requires expertise, but conversely, laborers with standard salaries are often classified as lower class.

3. Savings, Investments, and Emergency Funds
If someone lacks savings, an emergency fund, and investments, they are classified as lower class.

4. Lifestyle
If someone never takes vacations, attends concerts, eats out, etc., it indicates a limited budget.

5. Education
Generally, the higher the education level, the more likely someone is to hold a managerial or at least supervisory position. Low education often simply indicates economic limitations.

 

[magnus2022]

This is one of thecreason why we should hustle tight and make sure we turn around our miserable lives around by making more money and more money. If you want to be respected, make money!

 

[Springtime]

Yes, the lower-class people definitely have less influence on everything, including opinion on government policy, People who have difficulty paying bills, needs to struggle for money to pay for daily expenses, getting government assistance are considered lower class.

 

[eLdavis]

These says people hardly care about what you say, rather they tend to look at your net worth before they listen to what you have to say.

 

[Fidelia]

The lower class people are always scared of any financial commitments. They don't want to always be exposed financially. It is pathetic for them.