In this blog, I am going to describe what I see to be reality of today’s middle class trying stay middle class. I’m speaking from the position I am in now as 40 year old adult. I am describing my reality as I’m not a millionaire yet and am more akin to just trying to stay or maintain my current standard of living. This new middle class person almost must:
- Have some higher college education and/or advanced trade skill
- Either one or both of a couple working in some capacity
- Not only work a 9-5 job in some cases, but have side hustles also to bring in additional income to meet any shortfalls in finances or to invest and save extra
- Have financial literacy
- Learn how to take advantage of every opportunity to stretch our dollars
- Insure yourself in some cases even before investing for unexpected life events
- Seek to create multiple streams of income and/or cash flow
- Teach others how to do what has been success for you
- Take part in political and social issues that impact our communities
- Save the planet by becoming better more informed consumers and/or less consumptive in our behavior
- Save our health and our families by having healthier habits around eating and exercising
- Learn to manage stress
PS: Please share your experience by leaving a comment on this post. Also please be sure share this content to your friends and family if you find it useful. I thank you in advance.
