The American middle class, despite having more influence than ever before, faces significant financial challenges. If they need money, they sell the yacht or vacation home. Alternatively, those who have little money and are considered poor will transition into social security and often maintain the same low standard of living they had prior to age 65. This isn’t an indictment on the character of classes; this is a frank recognition that America’s middle class will endure a money crisis. Sure, those things could help, but the most impactful change we in the middle class can make with our money is reprogramming ourselves to respond -- not react -- to life’s messy middle-class money dilemmas.
Source: Forbes February 14, 2018 13:52 UTC