When I was a kid, $100,000 sounded like an impossibly large sum of money. Even when I started working at my first professional job with an entry-level salary of $32,000, I thought that making $100,000 would allow one to be comfortably upper-middle class. I’m sure I’m not alone; a “six-figure salary” was, for a long … Read more
Nischa Shah is an accountant, investment banker and “money expert” who has worked in finance for over 13 years. In a video posted on YouTube, the UK-based finance expert told her one million followers that, throughout her career, she has “seen first-hand the middle-class habits that keep people in the rat race.” The class divide … Read more
As grocery prices continue to climb, middle-class families in the United States might be wondering how their financial situation compares with middle-class families living in Europe. In the U.S., grocery food prices were 1% higher in February 2024 compared with a year ago, according to the U.S. Department of Agriculture. Meanwhile, Europeans are seeing a … Read more
The idea of a middle class household is often tied up with the traditional notions of a married couple and their children. But increasingly more people are choosing to remain unmarried. Over the past two decades, the share of never married mid-life adults steadily increased to 29.1% in 2021, according to Bowling Green State University … Read more
Prime Minister Narendra Modi graced CNN-News18’s Rising Bharat Summit on Wednesday where he discussed the welfare steps taken by his government, the crackdown on corruption, upcoming elections, and more. Here’s the full transcript of the prime minister’s speech: When I participated in the summit five years ago, one must have thought about that moment; what … Read more
Many in America’s middle class are feeling less prosperous than in generations past. A Bankrate survey finds that Americans are more than two times more likely to feel financially insecure than secure. Meanwhile, 53% of Gen Z says the high cost of living is a barrier to financial success, according to a Bank of America … Read more
When it comes to money, identity, emotion, circumstance, and even location can play just as big of a role as dollar amounts. For many years most Americans identifed as middle class even if they fell above or below the official middle income range. Middle class has become an identity nearly synonymous with the core American … Read more
India has a new aspiring middle class of 250 million people who will fuel growth, also in the mobility sector, Prime Minister Narendra Modi said in his address at the inaugural edition of the Bharat Mobility Show, adding that automobile and auto component makers have a big role to play in realising their needs and … Read more
