Comrade Willy

  • Cypher@lemmy.world
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    5 months ago

    Your concept of middle class, wealth and finances are in question because you have repeatedly claimed that owning a $140k yacht makes you wealthy and excludes you from the middle class.

    $140k is a lot of money for most people but for someone that is middle class, ie their disposable income is 30% of their income, it is potentially affordable.

    Someone making $150k/year is potentially middle class, depending on their housing and living costs. If that person can put 30% of their post tax income towards an interest like yachting they could easily afford a $140k yacht.

    Like I said, your understanding of wealth is lacking.