I agree!!! However the jump on anything slightly higher than the average middle class gets a huge hit compared to when you start making even a higher amount. I think everyone should be charged the same. How fair is it that if you make more and work hard that you get taxed more?? Why can’t there just be more regulation and fines/charges to regulate people not taking advantage of the system and economy to where it puts people in this housing crisis for example.
Yes! It’s scary. I never used to look at grocery bills, now I pinch every penny. My grocery bill has tripled and I buy less. My insurance, healthcare everything is up. I have eliminated going out, getting haircuts, we cut everything and it’s still stressful with a baby.
@AC-qo8oq exactly. We try to do everything we can from home, which sucks because I like spending money with small family buisness, but corners had to be cut. Best wishes to your family and baby.
@@Aaron.Thomas The Bay area is an extreme case compared with most locations in the US. Only a few other metro areas are comparable, namely NY city and LA, maybe DC /DMV.
So what you described isn't middle class. Its a step above poverty. The American dream consists of a single income, 2.1 kids and a yearly vaction. Thats hard to achieve now with a dual income household.
If thats middle class, then wtf is high class? Exactly america middle class it was the true high class but it was a illusion borrow for a limited time that all took for granted has the norm.
@@flamingmist1142 Because 1 in 10 families has 3 instead of 2 as the median number. In the span of kids, from 0 to Duggars, the average is 9 families with 2 and 1 family with 3. Think of it like a leap year, we could write it as 1.00274 years instead of 366 days. It doesn't mean you slice a year up, it just means some years have more days, the same way some families have more kids.
As a millennial, I feel you and yes, it’s depressing AF. Working so hard and I feel like I’m just circling the drain as I try to get ahead, but just can’t.
Exactly!! The middle class is Not $100K. It was $75K in the Late 90s/Early 2000s. It’s *well over $100K* Now! Two Wendy’s meals are $27. In the 90s it was $9 for 2 meals. That’s *Tripled!*
@@farialmab4723In the mid 90s I was making about $7 or $8 an hour. Two Wendy’s sandwiches for $7 was a big chunk of that. Now two sandwiches at Wendy’s are around $17, probably less. I make way more than I did in the 90s. Wages haven’t stayed static that whole time. For some, wages have not increased much and I feel for them. If you ask me, that has more to do with greedy businesses than it does with anything else.
@@mememan5466 The less than 1 minute video? Did I watch it? How else would I know how to comment on it? Its not telling you the entire truth, it leaves out that every generation had it rough, every generation had money problems, but for some reason you all act like its any different for you. This generation has more opportunities, more support, more technology, more connection with opportunities than any other generation. MOST people are making it, its just a small amount of people who are not and even a smaller amount who seem to just do nothing but complain about how hard it is when all they do is spend beyond their means, waste their time and take no actions to help themselves.
Not having a car payment is one of the nicest feelings in the world. I bought an older Elantra from a 90 year old woman who had to give up her keys after a minor fender bender. She used it as a grocery getter for a decade. 1k and fixed it up myself, it had only 63k miles on it. Insurance $50 a month. I hope to drive it until it dies.
Lucky you 👏🏾👏🏾. Yessss, I had no car payment for 12 years until some fuc!!!! 19 year old blew through a stop sign paying attention to a boy she had in the car 🤬🤬. I have never seen an airbag pop out. She hit the passenger side, thank goodness no one was in the passenger seat. And now, back to a gotdamn car note, SMDH.
Same my grandpa bless his heart bought me a Volkswagen 2014 it had 59,000 when I got it in 2022 and now it has 80,000 I hope he doesn’t die on me anytime soon
Dude, you live in luxury!! I make 40k and share a small rental 1-bedroom apartment with my toddler. We don't eat out EVER (that includes take-out, Starbucks, delivery,...), I've never been to a nail salon, I paid my 20+ year old car in cash, I have a prepaid card for my second-hand phone and almost all my daughter's clothes (and many toys) are thrifted. We buy and cook what's on offer or reduced. I don't go to the movies, events, or whatever. I work full time and have a Master's from a good uni (no student loan, thankfully) and I had always assumed that would place me in the (upper) middle class. How wrong I was.
@@anthonyb2990 I suppose it's justifiable but it's definitely not necessary. I have a vegan diet composed of mostly healthy whole foods and at max I spend $300 just for myself a month. I can easily even push that down to $150 but I like all my fancy condiments and plant based milks. Spending $1000 on groceries to be healthy at least to me is bizarre considering the healthiest foods are also the cheapest: lentils, legumes, oats, bananas, apples, whole wheat, barley, buckwheat, tofu, peas, frozen veggies (healthier than fresh because they retain more nutrients as they're often frozen right after being harvested, also cheaper, and don't go bad as quickly) sweet potatoes, yams, potatoes etc. I guess spending a lot of money on meat if you eat that could be very expensive, especially beef and seafood, but then again there's cheaper protein sources like tofu, beans, peas, lentils, and legumes. If they're having financial issues it's completely conceivable they could make changes easily with their diet. And no one has to go out to eat that's completely a luxury in the truest sense of the word.
Socialism has little regard for the middle class. It's all about securing and maintaining power for the ruling class, the rich elite. The people in power for the last 4 years have turned the country towards socialism.
@@gothboschincarnate3931 well, that might be because people in poverty are able to get things like food stamps, welfare, and Medicare. I grew up in poverty, and my family needed these government assisted programs. With them, we did a-ok. The idea is that with enough work though, you can crawl out of poverty and become middle class or well off. Many people in my family have been able to get out of the government assisted area, but we would certainly struggle to buy a nice home, bills, and kids in this economy, even with many of us making low six figures now. Basically, the price of living keeps going up and with that it becomes more and more difficult to achieve middle-class status, that will effect people in poverty who are trying to better their situation as well as current middle class.
The middle class doesnt exist anymore buddy. If you can’t comfortably afford kids, including sudden medical expenses, you’re not middle class. You’re slightly above poverty, true, but middle class that does not make.
@@aaron1299 I said in a family, you don’t think 90k per year can pay for a family of 3? Maybe not in California but in most us states it can comfortably
Thank you for continuing to preach this message. Our government leaders need to hear this especially in California. No rent controls. It is a struggle.
Move to a different state. East coast is more economical. I live in PA, my rent for a 1000 sq ft apartment in the suburbs is $1425 /m. Its time to outgrow the "government".
I made 110k last year . I have two kids. I promise you my friend, I ain’t living no middle class life, I’m scraping to get by and it’s impossible to save towards a home.
@user-ho9gt3ly6b He has TWO kids. Ain't no way in hell he is going to save 3k a month. Also, you dont know where he lives. He may live in HCOL area. I live in MA and a raggedy 3 bedroom 1 bath house in eastern MA costs between 450k-500k. A decent looking one costs close to 600k.
@@user-ho9gt3ly6bThe point is that the cost of living is so high and wages for many haven’t kept pace, that it makes it difficult for many to live within their wages even to cover the necessities.
@@jdankerdake exactly. When I was in college the goal was to break 100k now, you get there and have nothing to show for it because everything is so darn expensive
The middle class is Not $100K. It was $75K in the Late 90s/Early 2000s. It’s *well over $100K* Now! Two Wendy’s meals are $27. In the 90s it was $9 for 2 meals. That’s *Tripled!*
We went to Popeyes the other day & spent $40 bucks for 2 ppl …no extras just drinks added bcuz their meals don’t come with drinks it’s ridiculous out here
$27!? What cheap place are you living in? I live in literal bumblefuck Appalachia and two Wendy's meals cost us $35 and change last weekend. Needless to say that was our last time getting fast food. Our local sit downs are cheaper and have better food.
Guys, he was emphasizing middle class in all of this. No, he's not getting the cheapest option, but middle class has this idea of you being able to have some luxuries after paying your expenses. Such as getting the brand names or fresh stuff in grocery stores, treating yourself once a month with self-care, getting the slightly more than basic phone and phone plan, and going out on the weekends to dinner or activity.
I think you nailed it. We bust our ass every day, just like this guy is you try to make the right choices and sometimes you just want to splurge to go out to eat once a week so you can enjoy a little bit of what your hard work goes to. Otherwise, you’re just working your ass off for nothing. Which unfortunately seems like how we’re all right now.
LoL. Married w 2 kids on $100k. Absolutely get supermarket fresh fruit & veg, but havent seen brand name anything in years, haven’t gotten any kind of “self-care” in close to a decade, been playing the forced-upgrade freebie game since 2015, and the last time we went on a date-night Obama was president. If you have to rely on credit cards to cover emergencies, and cant clear it by the end of the month, you’re not middle class. You’re just working poor with credit card debt.
So where do you actually get your definition of middle class, or did you just make that up? Because it sounds like you think middle class is just being a more comfortable slave. Show me where you got that standard from. I'd like to see it.
@@mattwalsh-nq7rj If you "splurge" you are thinking like a slave. If you think "I deserve this" and go get it, you are no better than a chicken who can't say no to a pile of poisoned corn. Is your family overweight? In debt? Your mom divorced your dad on a whim?
$300 for hair and nails, having two new cars (doesn't matter what brand) for $850 and $400 for monthly date nights are ALL luxury spending, not middle class. Hate on boomers all you want, I do too, but they didn't spend that much on beauty and sure as hell didn't, on average, own two new cars between them as a couple. Life IS extremely expensive now but people also consider luxuries to be standard middle class things now.
@@pmscalisiHow have they contributed to making the situation worse? Or are you just saying shit to say shit because you have nothing of value to contribute?
@@sunflowersnowleopard2035 promoting progressive ideologies hasn’t helped either. If you want to be a sheep, go ahead. The two political parties serve the same masters. They just bring up crap that only affects a tiny minority of the population and tries to ruin society for “change” which means they want you under their foot😂
Hey buddy the median sallary in US is 77k lets say 80k The median home price 400k So 5 years of sallary theoretically can buy you a home Now look at this Imagine if you lived in Eastern Europe state where median sallary is 7000$ and the median home price 250k How many lifetimes would you need to buy a home in that case? 😅
@@vladimirnikolov992 median and you raise it? some people make a million dollars, everyone else its 30K. You cant save any money, its pay check to pay check. god forbid you miss a day of work or get sick. you need to live in a house for 30 years before you own it with a mortage. Why cant you admit what never means? The older generation owns those homes. Youre going to profit off selling a home to your children? Those houses are there, and those old people will die. Then maybe we can all just go claim one. All you are saying is in europe and america they keep moving the bar and it is impossible. Theyre going to bully their own children.
I've been actually homeless. For 2 years. No job at the same time. Its very different than not owning a home. You can still rent and have a roof over your head without "owning" it.
I’m 32 and just bought a home. My girlfriend also owned one already when I met her to. It’s not that hard to save up the down payment costs if you budget for a few years
He’s being honest at least about what they spend.They obviously can afford it. It’s still insane what everything costs. Don’t go attacking him just because they can afford a few “luxuries “ in your eyes. This is coming from a super broke can’t afford anything extra and has to choose between groceries or pay rent late. It’s rough out here.
If he can afford those luxuries, he has no room to talk. Also what he is spending is insane. 200 on a phone, 1000 on groceries, weekly date night. Its his spending habit that has him in this position
@@rikubrown8109 a phone carrier is 85 plus tax for the max covrege. 14/m for the phone itself and hes paying for himself and the wify so yea 200$/m phone
@@rikubrown8109 also F you, we work to live not live to work. Resturant is just 50$ thats no issue and yes its 100$ per stmoach per week thats how much good food is. Two stomachs 200$ x 4 weeks, and is 800$ plus taxes and take out. What you mean of spending habits?
$300 a month is not insane. Maybe slightly above average but not insane. Womens hair can easily cost 6-800 bucks for one visit. Have you priced hair salons lately? He didn't even include his own haircuts in that total. Women want to look decent and presentable. I've complained to my wife before about hair salon cost but in reality it cost a few bucks to look good. It makes her happy, and it's also nice as a husband that she doesn't look like a rachet homeless person.
I'm trying desperately to get a better education, but even working a job that pays 18.70/hr will just BARELY get me enough food to last me until the next paycheck. There's no way to save for post-secondary education without literally having to starve myself
But the elder will claim we’re uneducated by choice. It happens we decide to freaking SURVIVE instead of investing 4 useless years into a so-called degree that would give you sht nowadays. Nah thanks, gotta pay my way to eat next month.
@@r26000 yeah! Or that we're being "lazy" despite working ourselves in the dirt and being terrified of taking vacation days or PTO because employers can freaking fire you whenever they want without reason or notice
Your not making the right choices. I personally know a single mom who raised 4 children on around $16/hour. she made choices that ensured the kids had a roof over their head and never wanted for a meal. one of those choices was moving to another state. having dated several single mom's I can tell you its those little decisions that get you.
@ABstvc because it's fixable if they put a little effort into it. Treating them with kids gloves is what lead to them failing and they really should be taking a hard look at how their parents failed them.
@@TIB1973 You want to talk about how parents raise their kids, how about your parents who raised a child that has nothing better to do than talk down to hard working, struggling single mothers about how they need to make better choices in RU-vid comments
You need more clarity on these shorts: - What state are you basing this off of? - $100,000 for one individual or both you and your spouse? If you AND your spouse both have near $100,000 salaries then you're considered upper class. Also, your montly bills are insanely high which leads back to what state are you basing this off of? Folks are eating this stuff up in the comments but the context is missing and therefore makes no sense.
I understood that it was for both of them and sure they get some "luxuries" (not that they really are! Healthy food should never be considered that, it should be the norm! Eating garbage sadly became the norm!), but over all he's not even middle class IMHO! Yes, you could cut stuff like "getting your nails done", but frankly that's for women what a new video-game or two or a new power tool is for a guy and you should IMHO be able to afford such small treats without it eating all your money!
I agree. If you make 100k between the two of them, then I wouldn't think thye could afford a 400k home. I have two kids and we don't even spend 1000 a month on groceries and we eat pretty good and mostly healthy. My wife and I make around 200k between us and we would be cutting it close with a 400k house, and not sure where he lives, but 400k house is high if average.
People have a desperate need to feel victimized. These people are obese and eating out every week while saying they're in poverty. If it wasn't so gross I'd laugh at them.
It is a crying tunnel. That’s why his videos do so well. Everyone loves to play victim and complain about how they can’t afford anything instead of making changes to their lives.
The biggest shift is how we've defined the middle class. Many people would not say weekly date nights for $50 a plate, $300 for a spa day once a month, 2 deluxe phone plans, 2 very nice cars, and Whole Foods-level groceries count as "middle class". And "$100,000 is the new middle class for a couple" is perhaps more misleading than "$50,000 per person is the new middle class"
I had an apartment back in 2019 and he’s correct. Rent for that one bedroom apartment was considered high, $800, at that time. But then I got another apartment, a two bedroom in 2022, that was $1600 a month. I made $23 an hour and worked 50 hours a week and I was BARELY making it.
They're not 19. They take care of themselves by investing in their health through diet. The older you get the more you understand this. Crappy food isn't "cheaper" if it makes you fat, stupid and sick. You're just moving the numbers from the grocery column to the healthcare column when you "save money" eating garbage.
Best comment I have seen yet. Middle class is a loaded phrase because everyone thinks they are the "middle class". People compare themselves to people they know and think that their standard of living is average. However its really just the working class and the rich and that is it.
I don’t do health insurance-we are young and healthy on whole food diet, no 401k, I buy cars with cash, my car insurance is at state minimum and we barely eat out. Saves me almost 2 grand a month
@@amarmesic7170 apply for discount on the bill, can you can pay half the bill. I did it before. And remember @gnosis33 say he young, healthy, and not getting into crazy stuf.
I never wanted to comment but your comment make sense. the man is paying 1200 for car and the insurance. when he can get off the new car payment and pay cash with insurance @ 200. that save you 1K. even the phone can be cut down to 150. I know the two phone is on payment that is why it's at 200. unlimited data is a scam, most American doesn't use 4gb in a month because at home, your phone is on wifi, at work your phone is on wifi. The unlimited data is useless and it's just waste of money.
It depends on your lifestyle. They want to spend more and they have it. You can live off quite low if you want. Watched this video a little bit ago on by a SAH mom how their family doesn’t have WiFi, furniture is all used, clothes are hand me downs, they grow a lot of their food so they were able to live off one low income. It’s ultimately the mindset that you are willing to do. If you’re willing to be more frugal than you can afford a much lower income and still have a nice life. It just depends what kind of lifestyle you want
Middle class indicates a certain lifestyle though. Not just surviving. We don’t want the country to be in a situation where there is simply a class that works constantly to meet all their monthly bills (and thus can’t save up anything), and a super rich class that owns everything. That’s what been happening though because wages haven’t been keeping up with inflation.
200 a month for a damn cell phone what?!! And then you proceed to spend 300 a month on hair and nails and then go into debt to buy 2 cars you can’t afford. You spend way too much on food too. Inflation sucks but y’all are spending way too much and just making sure to spend damn near everything you make. You’re setting yourself up to work for the rest of your life while complaining about not being financially secure. If you made 300K you’d be just as broke because you have no financial discipline. Me and my wife make slightly less than 100K (will be much more when we finish our degrees we’re 21 and 22) and we pay cash for everything except a home and save a high percentage of our income because we don’t try to spend our way to happiness because that leads to depression and a shit life.
lol yea they could of waited to get the home and cars they have. and some women I know do their nails at home no problem. Its different times and you have to adjust regardless of income.
I'm so glad to see someone else with common sense. Bro these people waste money... point, blank, period. Bro said a night at Applebee's for two ppl is $100... what the heck is he ordering?
I make just under 100k and I’m not having wife and kids period. I’m living in a rural LCOL area working remotely and it’s going to stay that way because this economy does not reward hard work unless you are willing to compromise.
As someone who struggles to even feel like it’s worth it to keep trying and getting a decent job, it’s gratifying to have someone validate some struggles I’ve feel alone with. Thank you
This is not what you need my friend. This type of video promotes a victim mindset. You need to seek financial support. The world is not going to change no matter how much guys like this complain. You have to learn to make the decisions that will set you up for financial success. Best of luck.
If you are normal... you will never respond or care. Your first problem is that you are dependent. A J.O.B. is for people that depend on a boss and business owner. Followers do as they are instructed to do.What's your age? What are your skills? What type of JOB do you have now? What work are you doing at that JOB? Answer the question.. give an F about yourself and let's get you to being a leader.
@jl3303 you're ignoring that the world has changed and the economy wasn't this bad in the past. Sure, you can always pinch pennies, but the fact that working families are getting price gouged isn't some immutable fact of the universe.
@@danielconway7190 It’s not an immutable fact of the universe but it is a fact of reality right now and it will not change for the better in our lifetimes. Wealth inequality will continue to exist and get worse over time until society collapses and only the rich are left. This has happened to every major organized society in human history that had a government who decided to inflate its currency. The biggest reason why the US society has lasted 40 years off of the gold standard is because every government inflates currency and has an exchange rate to the other world currencies and a lot of countries value the US dollar the most. I know the history very well trust me. You can either adapt and live frugally, live in optimally priced areas, build your skills, etc. or you can complain. Either way the world will not change. The federal reserve, the rest of the government, the ultra rich, and corporations are all incentivized to continue to screw over the people and they will continue to do so because we can’t stop them. Adapt or you will suffer.
We make over $200k combined with 2 toddlers in the DC area. With daycare at $4250 and a mortgage of $2700 (Bought townhouse for $519k in 2021). My wife has a $320 a month car note and we're living paycheck to paycheck. If we want a new home today we're looking at homes that are $900k but cannot afford more than $650k. It's crazy.
I’m getting to the end of the 10 year tunnel of paying for daycare. It’s amazing how much your life will change once that’s dropped. My older kids aren’t free obviously, but they’re so much cheaper once the daycare is done. If you’re making it with those crazy bills, even if you feel paycheck to paycheck, you are going to do amazing in a few years when that extra 50k a year is in your budget again.
over 4k a month for daycare sounds like a hell of a lot of money and at that point i can't help but think if it wouldn't be cheaper to just hire full time babysitter. surely you can find someone fresh out of collage or something to do it for a while
that's around 51k a year for daycare. almost better to just have one of you stay home with the kids. I mean after tax on 200k a year and the 51k for daycare you barely making more then 100k take home
$54.8k last year after annual $400 registration fees per child. Also, a full time babysitter would be over $5000 a month. Maybe if we had an Au Pair but we don't have space for an au pair.
10k on bills a month? Yall need to reevaluate your budgeting. This doesn't make sense unless youre spending $5k+ on energy and heating. Water is not that much unless you're constantly filling a huge swimming pool. Its just the two of you!
Right?! I spent 4,1 grand a month - while saving 2k to put in my investment fund. And 1000 dollars a month on food? Are they insane? I spend 200 bucks.
The average electricity use in my area is almost 500. The median income in my area is under 30,000 and they are pinching pennies, part fo them have solar panels, and they go by the rule of turning off all the lights. No pools ,saunas, ect in my area. It's just that high
Got to say, as someone who have been surfing between lower working class and middle lower class for my entire adult life. (Have a long line of people bullshitting me in my worklife) It is actually really nice to see people take this thing up, because most of the time when i bring it up someone starts talking about how its somehow indirectly my group of peoples fault. But not me of course.
Stop telling everybody this is average. The majority of the workers in this country are NOT making more than 50k a year. You throwing a bunch of wasteful spending in this mix
I’m sorry, but *Middle Class* is supposed to have some privileges, it’s supposed to be comfortably Lux. It’s not “survival living,” and America used to have Most of its population around the Middle Class.
It's no ones fault but their own that they make less than $50k a year. People that do not have an education have the choice... they can either start their own high profit business or they can say they are not the type of person that wants to own their own business and stay broke and complain. I was homeless 3 times and had never held a $100 bill at 30 years old. Then my girlfriend and I started a house cleaning business, it made millions and I retired by 50. Now I have a small business that makes around 6 figures a year and work about 40 hours a month.
Saw ground beef on sale today at the market. $3.99 a pound. It just dawned on me that it's roughly a buck for a quarter pound burger while cooking at home.
I used to do this all the time! The kids never complained. No I just rarely buy beef and stick with marked down chicken. I am anemic, so I could probably use more red meat, but the prices have become unreasonable. 😢
@@labrigful I haven't done the math in a few years, but last time I looked, it was cheaper to eat some meat than to try getting your iron and protein from vitamins and soy products. Why skimp when your health is in question. BTW, there are times when a flat iron steak is cheaper than ground beef. Something worth looking at if you follow the sale items.
Wife and i saw this coming 13 yrs ago. Sold our big house, bought a 30,000 fix upper dropped 50,000 into it changed jobs to both work from home paid off both car and truck had a baby, got a travel trailer for vacations and now 13 yrs later today all is paid for. Middle class is a mind set.
Same! Bought my house $33000 in 2011. For closure. I bought making $12 an hour. Paid it off in 5 years got a better job. Paid off car. No baby though. Save most of what I earn and live comfortably. This guy is spending to much and not saving enough in the bank. My anxiety would be off the charts. He needs to drastically make changes in today's economy.
It is a mind set. A mind set of planning long term, taking on comfortable amounts of debt a little at a time, eventually paying them off and holding onto them. It takes alot of patience and will power that nobody has. I dont need 3 dunkin iced coffees a day and a 300 dollar cable bill or any stupid streaming service for that matter. People need to check their spending habits
we are paying Ukrainian small businesses to stay closed, we are funding THEIR pensions while their working age men are all being slaughtered on the fields that should be growing wheat..
No, just no! You could just dial back the military budget (you spend as much as the next 5 nations - of not more! - combined and most of them are allies of you guys!), but the last president who truly tried that was dead a few months later under very mysterious circumstances! Yes, I am talking about JFK!
If you make $100-$150k you need to start thinking like you make $50k. Buy a place but rent it out. Live cheaply. Forget about vacations all the time and nice clothes. You are the working class.
I work in retail with a low hourly pay for the country I live in. That does not stop my coworkers to go abroad multiple times per year (we have 5 weeks vacation minimum).
@@lunawense6288sounds like European job, but we actually have 6 weeks paid vacation. Everything expensive here, going abroad is sometimes cheaper than staying home while on vacation. Vacation is mandatory btw.
The only way to comfortably afford kids is to live at home and do it in your early 20s. I told my 16 year old daughter when she’s old enough to get married (20 years old) that she and her husband can live with us and she can stay home with the kids. That way I get grandkids and she can still have a future. She’ll have a built in nanny too.
@@zentazym1 hahaha, found the feminist. I’m not pressuring her, I’m offering an option to her in a world where young people can’t afford housing due to crushing rents and absurd student debt. The reason I’m offering this option to her young is because I don’t know how long I’ll live or be healthy, so get while the getting is good. This way of thinking comes from struggle, and it’s a practical realistic option. I got married at 20, had her at 22. Today I’m 38, still married, and very happy. Marriage and children don’t stop you from living your life! That’s a lie. I took my baby everywhere! To the beach, to the pool, shopping, parks ect.
@@CMM726 Nah I’m not being a feminist about it. Even if it was your son I’d be saying the same thing Again, it just seems like you’re putting a lot of pressure on your daughter to basically have the same life you did. I couldn’t imagine telling my daughter to get married as fast as she can so she can live in my basement instead of going out into the world and trying to make something of herself. You’re basically telling her the best she can hope to accomplish in this life is marrying a guy and simply existing afterwards. Most parents tell their children they can be whatever they want when they grow up, not that they can forgo responsibility and live in their basement for the rest of their life lol You being young yourself just confuses me. You’re not even 40 yet, I have to assume you don’t have some terminal disease, so why are you acting like your daughter is on a timer to throw her life away and start pumping out kids? She could wait 20 years to have a kid and you wouldn’t even be 60 yet - some parents are 60 when their kid is graduating high school lmao Besides that, I really couldn’t imagine putting pressure on my son or daughter to go out and get married at 20. I think of who I was at 20 and it seems like a completely different person. I think of what I had when I was twenty and how much I would regret if, say, I married the guy I was dating at 20, or if I kept the job I had when I was 20, or if I had kids while I was 20, out of pressure that my mom who isn’t even 40 yet was putting on me
You sound like someone who has no understanding of money. Telling someone to rush and have kids when they’re 20 before they have a career established (and their husband as well) is some of the most financially irresponsible advice I’ve ever heard. Growing up in the Bible Belt, I know a few girls who did this, and they all ended up miserable, bitter women. As it turns out, your brain isn’t even fully developed at 20, so making lifelong commitments that set your entire financial stability decades behind can actually be pretty detrimental to one’s mental health. Of course they had the same situation, pushy mom telling them all they were worth was pleasing a man and popping out kids, and of course, sex before marriage is a sin so get married as fast as possible
No it isn’t lol. Prepare by budgeting better. If you make $80K as a joint household then you are middle class by definition. This country needs to learn to not buy things they can’t afford and everything would be much better.
A decent used car used to cost maybe a month's salary or two. Nowadays they sometimes cost more than the brand new model! It's so hard to explain this to my father who tells me life should be easy because I make more than he did. Back in his day at a simple technician job he could afford a family, house, two kids, and multiple new cars while also going on vacations. He even went through multiple computers and back then they cost a few thousand dollars! I make $35/hr, debt free, I save most of my money and I am just barely able to get a new car. A house, wife, kids? In my dreams unless I want to go into major debt like everyone else and it eats them away.
Nah. People's expectations are just asinine sometimes. I can afford much more, but drive a 10/11 year old car that that I've taken impeccable care of. It's 100% paid for, runs amazingly well, doesn't track and sell my data to insurance companies and god knows who else. -- Buying a brand new car is a brain dead move in about 90% of scenarios. I think you REALLY need to reevaluate what a "good used vehicle" is. Vehicles are NOT an investment. Rather, a depreciating asset. A tool to get you from point-A to point-B. If you take care of them, they can hold up for a VERY long time. -- If you take the time to learn basic maintenance, you can remove a lot of that costs of upkeep. With an older vehicle, you have WAY lower registration cost (just paid mine and it was $51) -- insurance is dramatically cheaper
Fixer upper? So basically buy a "ruin" and fix it over time? Yeah, that sounds bad and frankly it should not be this way, but sadly the rich and their lapdogs (politicians - who all hope to keep their offices for decades, so they can join the other side! Hell, I don't even really blame them! I don't like what they are doing, but I admit I'd be probably corrupted, too if I could get my happily ever after (with tons of cash added to sooth the guilty conscience!) if I only keep my mouth shut!) don't even want to make it look like they are sharing fairly! I mean they never were, but it was a lot closer to it than it is now!
Depending on how old you are you could try working a second job and just save everything with that in a high interest bank account. Unless your going to hold it for awhile I wouldn’t risk the potential of investing it for short term. I would only realistically work like 1-3 years with a second job though because you really don’t want to burn yourself out. It’s really hard to afford anything now.. or just be super duper frugal and save save save!! GL though 😅
The problem is that people want it all, and they want it right now. $850/mo for two car payments is over $10,000 a year, which is absurd! Buy an older used car for less $, pay it off fast, and then drive it until it dies. Even if it needs $1,500-$2,000/year in maintenance & repairs, you're still WAY ahead of the game.
Single 29 year old. Making around $90-$95k in a relatively “low cost of living” state (Tennessee) & I definitely don’t save money like I used to. Don’t eat out much, don’t waste money, car paid off, I just have my mortgage & insurances & other monthly expenses. I’ve cut back on subscriptions & everything to try to save/invest what I used to.
Phone bull and food cost is stupid. I pay $20/month for my phone and $300/month on food cook all my own meals and eat 3k cals a day. Someone cant budget properly lol
Sitting at 65,000 since 2020 combined household income with a wife and two kids. I'm glad I found d this channel. Not that it helps, but he's saying g what we are all thinking.
@@MWK7$300 for hair and nails is ridiculous, this is a person who lives above their needs and thinks they have a right to complain. Cutting out “date night” and hair and nails leaves them with an extra $700. Stay home, cook, hike, go to the park, have a picnic, literally do anything other than steak/lobster dinner every Friday. A date night could be him painting her nails as a fun date. This isn’t an avocado toast argument, but come on. There’s people out there struggling to get dinner on the table, he should take a step back.
@@Felis-Concolor They could also live in a 1 bed flat and rent out their 400k home and downgrade their cars and be at least 2000 a month better off. They could use that to pay off the one bed and then when they have kids move into the 400k property and rent out the paid off 1 bed. They are financially illiterate.
You're monthly bills are 4 x more then what I spend. When i was 18 to 35 I worked 2 jobs and saved till could put down 50% on a used home. Put you're budget in a spread sheet be shocked.
100K is lower middle class now. That's the reality. In my development a 400K house has almost zero yard space. Now my parents live on 12 acres in the country, 4 bed 4 bath, kitchen, dining room, living room, family room and it's paid off. They built the house. My dad was blue collar, an electrician, my mother a teacher. Both in their 80's now. That house is now worth 800k. It's insane. And when I try to explain it to them? It's like I'm talking to a wall. They do not grasp the ratio that we're dealing with vs theirs. And they probably never will. My husband and I had 3 kids. 19-24...I have no idea when they'll actually be able to buy their own homes. We have an open door policy here. Everybody works or goes to college. Live here or not, the doors open. Two currently are because the cost of rent is absurd! They'd be paying someone else's mortgage or paying large rich corporations that r buying up all the houses and overcharging for rent. One for engineering, one for mechanics and one in sales. You'd think they'd be set. No fine arts degrees, but the reality is, I'm seriously worried about how on earth they will manage. I'm in my 40's and retirement is never going to happen. Not a chance. And my kids? They're screwed. And no, we do not overspend. We go nowhere. Date night? Not in this house.
Ikr. My grandparents bought their acre house for 5k. They just sold it for 800k now it did take about 50 years but they were paying such a low property tax as well. They had no idea…
I’m in my 40s with adult children. You have to teach them to get business degrees also. Kids today need to learn how to bring in multiple streams of income to live comfortably. It’s not the 80s trades aren’t good careers anymore
Im single with three teenagers in the house. I make a bit under 100k fixing my credit and paying off old debt. I was with you until you pulled those 8k in bills. No idea how yall made it so high. Sounds like some seriously bad spending.
Smallish cities aren't much better! The only thing truly cheaper is rent/mortgage! Otherwise you will pay nearly the same, especially since food prices don't differ wildly (the large chains keep prices fairly consisten!) and neither do things like electronics etc...and the country side also isn't all that it's cracked up to be, you will need a car for both adults, while in a city you could do without two vehicles (ok: Maybe not in car dependent USA!)
True, but it's mostly major city dwellers are more likely to want to live a lavish lifestyle way beyond their means like this guy. Just looked up my childhood house in St Charles, MO (st.louis). My father made over a million a year starting back in 2000. The house I grew up in is 245k today. I also remember bologna white bread sandwiches as common meals, but ask a 20-30 year old today to eat a bologna sandwich, and they'll look at you in disgust. One easy way to realize it's about being spoiled and entitled. How many people are even willing to consider a house in a neighborhood that has chain-link for fences? It's a minor detail, but social media has given people the idea that picture prefect extravagant lifestyles are required as the bare minimum.
100% facts. People only look at the salary but they don’t look at cost of living relative to the salary. My girlfriend took a job in the middle of nowhere making $75K over an $86K job with large bonus potential in DC because she would have had to make 80% more ($135,000) for the cost of living to match. Giant companies a lot of times will have similar salaries in different cities and states. Salaries will definitely vary but the cost of living difference usually FAR outweighs the bump in pay in expensive areas. The corporations do that intentionally so they can arbitrage your salary against their local costs.
$1,000 a month on groceries dont get me wrong food definitely is more expensive now. But thats way too much for just 2 people. I just went grocery shopping the other day and i managed to get a full cart for under $400. I dont know where you shop but it's time to find a new store. 😂😂😂
He shops at Whole Foods so he’s not eating all of that bs that walmaty has in 70% of there products. I don’t think you realize how bad things like red 40 and processed sugar are
@@lemonscentedgames3641 He said: "We drive 2 volkswagens, not BMWs". As per my original comment: the fact that they're *NOT* driving BMWs is irrelevant; the middle-class is not the traditional demographic for BMWs, they're marketed as luxury/high end cars, so his clarification is moot. Maybe you ought to get your logic / listening comprehension skills checked, mate.
@Dan3043 that's not what he meant watch again. He was explaining his monthly bills and he was just basically saying that he drives 2 normal cars. Not 2 expensive cars.
@@superpig5000 I know that, mate, but he's claiming that his lifestyle/income/expenses are those of a middle-class household. Saying that they have 2 volkswagens is aligned with middle-class lifestyles. My point is that he didn't need to specify that they were not BMWs; as per the purposes of his breakdown, it's entirely irrelevant. Brand new BMWs typically don't go hand in hand with middle-class incomes, they're luxury/high end cars.
Hair and nails is a luxury, $1000 on food for 2 is insane and borderline irresponsible. 4 date nights is reasonable but $100 at chilis is a lot. And Volkswagens are still german cars, expensive to maintain.
A mom and daughter in Costco line just ahead of me (Costco is known for volume and value.) Cart was pretty darned full. $595.00. In addition to eat healthy is expensive. They're making us pay for not partaking in the crooked Healthcare system. Ever notice how the unhealthy food is so cheap these days? It's because they're getting paid on the flip side for poor health and money in their pockets for Healthcare that treats the symptoms and not the actual issue.
What you're explaining is literally poverty. Not having any play money to do things with...Thats his whole point. Middle class is supposed to be the class that's not wealthy but has some play money to do things with like date night, splurge a little at the grocery store, get the nails done, etc and the fact that now that lifestyle of being middle class and having a little play money means you have to make over 6 figures is insane. Especially considering the average salary in the U.S for men was $45k in 2022 and $30k for women in 2022. Our level of income doesn't match the inflation, inflation is rising significantly faster than our wages and people are getting tired of the greed. But if you want yourself and maybe your family to live on the absolute bare minimum then go ahead but most of us don't. Oh btw most are even struggling with the bare minimum. 43% of the U.S is one check away from poverty so.
@Tricky_savage This is also combined salary, 92k combined pays for all of this luxury. Thats 46k each. Sounds like middle class to me. They are also paying off an asset in their home and invest 700 a month in a 401k. They will be well off in no time at that pace.
@@calebcaltrider Dude do you live under a rock? Do you not see the price of homes, food, gas, electric, household general goods? You also do realize the new middle class is between $120k-$150k a year right? You seem like a boomer or someone that's definitely a lot older, so you don't seem to grasp how crap our economy is these days compared to the economy in your (boomers) days. Average rent in the US is over $1700 a month that's RENT not mortgage. The average house cost in the U.S is just shy of HALF OF A MILLION DOLLARS at $495k. So don't try to lecture me and say $90k is "middle class" and is "a good wage" when someone making $90k couldn't buy a $500k home. Oh and like you said that's $90k for BOTH incomes combined. Like I said, good luck owning a home only making $90k BEFORE 30% taxes.
