Are you in the Middle Class Trap?

Middle class trap money

  • Yes

  • No

  • I don’t know?

  • I’m stuck…help..


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If you still need to go to work and make a paycheck at that point in your life because you have too many bills, then you definitely did something wrong. Hopefully he just loved the job, wouldn’t be something I would do but everyone’s different.
But send me people get trapped on that money
Wireless pensions once you hit 70 you can collect plus collect your full social security he's probably making $250,000 a year
 

Brown Down

Well-Known Member
Hope someone encourages him to refinance with a credit union, etc asap.
No :censored2:. His credit must be shot cuz I just priced out what is essentially a $75,000 vehicle at 5 years it was just over that amount a month with nothing down. He must be getting raped on interest rate.
 
Unfortunately that's true for a lot of people. There's a lot of things I still would like what priorities dictate that I'm not going to get them just yet. Too many have no willpower to say no nowadays
Credit cards, easy credit and payday loans

Go back to the day of layaways
People living way longer means and if one will hiccup happens they're completely screwed
 
It took me a lot of years to finally be able to splurge one things and not worry if I'm screwing myself. Hell, I still worry sometimes when I make a big purchase even though I can absolutely afford it without causing any financial issues.
Well you put your time in

The worst thing you did was maybe delete your savings but you didn't bear yourself in high interest rate debt
 

Brown Down

Well-Known Member
Well you put your time in

The worst thing you did was maybe delete your savings but you didn't bear yourself in high interest rate debt
That is something I'm guilty of is I don't have a lot in a traditional savings cuz I like my money working for me. But I also don't buy things that Will put me over just using my check for the bills I'm leaving my wife's for payoff, investments and retirement savings.
That seems to be some of the worst things people are living WAY above their means.
 
That is something I'm guilty of is I don't have a lot in a traditional savings cuz I like my money working for me. But I also don't buy things that Will put me over just using my check for the bills I'm leaving my wife's for payoff, investments and retirement savings.
That seems to be some of the worst things people are living WAY above their means.
Everyone has their own philosophy
But since I'm going to kill one of my career I'm going to take advantage of the high interest rates and see how much I can make
Last year was the first time ever I owed money on income tax
 

Over70irregs

Well-Known Member
That is something I'm guilty of is I don't have a lot in a traditional savings cuz I like my money working for me. But I also don't buy things that Will put me over just using my check for the bills I'm leaving my wife's for payoff, investments and retirement savings.
That seems to be some of the worst things people are living WAY above their means.
Way above. People are falling delinquent with CC and autos. They are in denial.
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