Middle Class Financial Illusion: Living Comfortably, but Never Enough, Is It True?

[Suba]

If we look at the lives of other people who already have nice houses, cars and can go on vacations and even hang out at fancy restaurants and have adequate income and it seems like their life is a success. Basically, the middle class is not poor but they have not achieved financial independence. They are starting to get caught up in illusions, like walking on a threadmill. The higher a person's income, the stronger the wind will hit them, they already have a lot of wealth but not true wealth but only social symbols. So behind that do they have financial anxiety/worries?

 

[Springtime]

That depends on individuals. Some who have achieved financial freedom are happy and satisfied with their lifestyle, while there are some who think they should try to work harder to reach to the top niche.

 

[Nomad]

The problem with middle class is they try to live like a high class and end up buying things on credit.

 

[Starmix]

I think the middle class people also live lavishly especially if they only have one or two children. They can also save, most of them are ignited to improve their finances.

 

[Augusta]

While financial comfort can provide a sense of security and stability, it doesn't necessarily equate to happiness or fulfillment. This feeling can arise from a variety of factors, including social comparisons, materialistic values, and a focus on external validation rather than internal satisfaction.

 

[eLdavis]

Based on your explanation, it means they are simply in a state of just enough, whatever they have is just enough for them to manage but not enough to do everything they really want to do when they want to.

 

[Fidelia]

When someone is truly in the middle class of earnings, they should be able to meet their bills comfortably. It is ambition that pushes them to keep chasing.

 

[Suba]

The middle class continues to struggle and work hard to maintain comfort and is actually fragile, in contrast to the upper class who build many portfolios of productive assets, be it stocks, Bitcoin, businesses, rental properties and systems that make money while they sleep.

 

[King Belieal]

My parents can be said to be in the middle class. They can feed well, own several houses and can maintain multiple cars. They aren't struggling.

 

[Augusta]

Scarcity Mentality:Believing that there is a fixed amount of "good things" in the world can create a feeling of needing more to feel secure