The Margin: What does a ‘middle-class’ budget really look like in today’s economy?
What does living in the middle class really look like today?
Income statistics say you’re middle class if your family makes $45,200 to $135,600 a year, according to the Pew Research Center. Social tradition holds it’s having a steady job, owning a home and car, being able to save for retirement and send the kids to college, and taking an annual vacation.
But, as the standard picture of…