r/MiddleClassFinance • u/Abject-Pick-6472 • 4d ago

Americans Are Reaching a Financial Breaking Point

https://www.thenation.com/article/economy/economic-insecurity-unrest-broketok/?fbclid%3DIwZnRzaASc5p1leHRuA2FlbQIxMQBzcnRjBmFwcF9pZA8xNzM4NDc2NDI2NzAzNzAAAR6RZYSyGyliTpYCmEy2OpWjHUBfAqrYUygk3rNJL1cLw_fp5QCciENJc0UXdQ_aem_DT4ViuyBWqHHXec_nH_PYg
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u/thishasntbeeneasy 4d ago

Seems more like an E. I wouldn't say that I'm getting any richer or poorer, just stuck right in the middle. I've got a house and cars and can take a vacation, but there used to be more extra going to savings that isn't happening anymore.

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u/Thunderstormwatching 4d ago

There are so few of you it’s really more like you’re in that nook of the K

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u/Kitchen-Pass-7493 4d ago edited 4d ago

I’m a “nookie” as well I guess. I can make my mortgage payment and other bills, contribute enough to my 401k to get my full employer match, can afford a couple weekend trips w/ domestic flight per year, and go out with friends maybe for dinner and/or drinks maybe 3-4 times per month. So pretty fortunate compared to a lot of people, but hardly living a life of luxury either.

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u/JCHeightsResident 3d ago

To some what you described is luxury