05-30-2015, 10:46 PM
(This post was last modified: 05-30-2015, 10:47 PM by happy medium.)
"half of households have more than $50K income"
My parents are blue collar workers (both never finished high school) and haven't made only 50k since the early 90's.
I don't think 50k is even middle class anymore, more like 80K.
To me a family of 4 with a 50k income is rather poor , food alone cost 500$ a month average for a family of 4.
Add a mortgage, a car payment, insurance, cable ,cellphones, ect ect ect ,you have no money left.
My parents are blue collar workers (both never finished high school) and haven't made only 50k since the early 90's.
I don't think 50k is even middle class anymore, more like 80K.
To me a family of 4 with a 50k income is rather poor , food alone cost 500$ a month average for a family of 4.
Add a mortgage, a car payment, insurance, cable ,cellphones, ect ect ect ,you have no money left.