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Even households earning $150,000 a year are struggling with credit card and car payments
(www.cbsnews.com)
this post was submitted on 30 Jul 2025
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$150k household income is not enough to afford a house, middle class standard of living, children, and retirement savings since you don't have a pension. at least in my area.
it'll get you lower middle class, maybe.
I'm not saying these people should be having money issues, they need to budget appropriately. but what used to be possible 20 years ago just isn't now, you need to choose one big thing to drop, whether that's a detached house, children, expensive hobbies, trips, etc
there's too much shifting of the goal posts for what middle class is, I think it has slipped too far downwards
children? when we've hit the climate crisis tipping point? no thanks, i'd rather not bring people into this world who are going to die a painful death from a climate related catastrophe.
It feels like the whole world has been an externalized cost for the very rich.