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Old 05-25-2015, 07:29 PM
 
209 posts, read 313,777 times
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Hello,

If you could choose, would you rather be middle class, upper middle class, or rich and why?

What do you see as the advantages and disadvantages of each position?

Thanks
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Old 05-25-2015, 07:32 PM
 
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Rich
Upper middle
Middle

In that order. Flexability and freedom can increase as you move up that list
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Old 05-25-2015, 07:46 PM
 
Location: Portal to the Pacific
8,736 posts, read 8,679,548 times
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No choice of being impoverished???
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Old 05-25-2015, 07:59 PM
 
Location: southwestern PA
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Quote:
Originally Posted by MichaelOrear View Post

If you could choose, would you rather be middle class, upper middle class, or rich and why?

What do you see as the advantages and disadvantages of each position?
Without you defining the terms, I would just say I want to have 'enough'.

Seriously, those terms means different things across the country.
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Old 05-25-2015, 09:04 PM
 
28,895 posts, read 54,199,764 times
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Rich. Jeez.

Mind you, I'm not talking Scrooge McDuck rich with a swimming pool filled with ten-dollar bills. But rich, nonetheless so that I can enjoy the greatest degree of freedom and autonomy. So I can make the choices I wish to make with my life without worrying about making a living.
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Old 05-25-2015, 09:22 PM
 
2,294 posts, read 2,782,129 times
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This question lacks one key differentiation.. are you rich and working for it, or rich via passive income?

Upper middle class is about the highest level I'd work towards actively. If I were to win the lottery and be able to have that money generate passive income that makes me "rich" well of course I'd be happier, but I don't think I'd ever want to put in the "active" effort it takes to be rich via my "day job"

That said... this question is too vague...
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Old 05-26-2015, 08:57 AM
 
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I'll keep my current lifestyle, but would like more $$$.


I have no desire to start parading around on a private jet, or buy an Aston Martin anytime soon.
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Old 05-26-2015, 09:18 AM
 
Location: New York
1,098 posts, read 1,247,402 times
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I wouldn't change a thing lifestyle wise. Still work but have $0 Debt and a lot of FU money.

My wife needs a car though...we are borrowing one.
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Old 05-26-2015, 12:54 PM
 
6,438 posts, read 6,928,637 times
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Rich but live upper middle class; save the rest for contingencies, bequests, and charity.
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Old 05-26-2015, 01:36 PM
 
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Is this a trick question?

Ummm...I would like more $.
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