Is it a 75k, 100k, 250k, 500k salary a year?
How do you define who is rich and who is middle income?
Asked by Anonymous at 12:12 PM on Aug. 2, 2009 in Politics & Current Events
Answer by Anonymous at 12:14 PM on Aug. 2, 2009
Answer by Sisteract at 12:21 PM on Aug. 2, 2009
Answer by LoriKeet at 12:28 PM on Aug. 2, 2009
Answer by ari_baby at 12:31 PM on Aug. 2, 2009
Answer by MynTop at 1:36 PM on Aug. 2, 2009
Answer by Anonymous at 1:49 PM on Aug. 2, 2009
Answer by mancosmomma at 2:36 PM on Aug. 2, 2009
"There are people making $100,000 a year who would be in deep trouble after one lost paycheck, and people who make $35,000 a year who could live six months off their savings. Wealth is not about how much you make but about how much you keep"
I like this statement..... definitely!! I totally agree. I always say for our personal goal, once we have a good savings built up for emergencies, and have no debt and all that jazz, we are wealthy. We do a good job managing what we make, which is around 35,000. We also have plans and strategies to knock out debt and to save money, so I think we are on the right track. :)
Answer by workathome01 at 4:28 PM on Aug. 2, 2009