Chapter
The Illusion of Middle Class in America
1:18:11 - 1:21:26 (03:15)
Many Americans consider themselves to be middle class despite their actual class. This notion is fueled by the illusion of the upper class and a lack of education on personal finance.
Clips
As income rises, people's perceptions of their class don't necessarily align with where they fall on the income distribution.
1:18:11 - 1:20:28 (02:17)
Income distribution
Summary
As income rises, people's perceptions of their class don't necessarily align with where they fall on the income distribution. Even those in the top 10% may consider themselves middle or upper-middle class.
ChapterThe Illusion of Middle Class in America
Episode#462 - Nick Maggiulli - The Best Way To Build Your Personal Wealth
PodcastModern Wisdom
The author of a personal finance book receives high praise for making the topic accessible and interesting with summaries, stats, and relatable stories.
1:20:28 - 1:21:26 (00:58)
Personal Finance
Summary
The author of a personal finance book receives high praise for making the topic accessible and interesting with summaries, stats, and relatable stories.