Despite everything society has taught you, don’t fall into the middle class trap.
I know this idea is uncomfortable. It is in opposition to the whole selling point of the middle class concept — comfort.
However, that is how they get you.
Comfortable, average, and “just getting by” leave you open to risk.
How am I sure this is true?
In 2008, buying into the middle trap almost cost me everything. In fact, I was under the delusion I was slightly above the middle class. Nevertheless, when the housing market took a hit, my net worth was nearly knocked out.
This is why you need to say good riddance to this outdated mindset. Here are the facts on why the bourgeoisie is dying and how to get out.
Settle down for what?
Recent studies show that 34% of those born into the middle class will fall into the poverty level by the time they are an adult.
In other words, they have no reserves for an emergency, no retirement fund, and are at the mercy of economic climates.
Furthermore, the percentage of middle-income households fell from 60% in 1971 to 50% in 2015.
Apart from these alarming statistics, what incentive is the middle class trap really offering you?
If you’re lucky, two weeks paid vacation a year and a 401k. I would like to believe that isn’t what you dreamed of when you were growing up.
Within that is how to get out of the rat race.
Free your mind from the middle class trap and the rest will follow
Equally important to the why is the how to break out of the middle class trap.
It begins and ends with you. The first step is refusing to be average or settle when you fall short of goals. Also, it means pushing yourself even further once big goals are met.
Big think and massive action are the only methods that ensure security for yourself and your family — regardless of what’s going on in the world.
Overall, as the rich get richer and the poor grow poorer, the people in the middle fall on one end or the other. I encourage you to choose the side of above-average and financial freedom.
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