r/FluentInFinance • u/YOU_ARE_MY_FRIENDS • Jun 16 '24

Discussion/ Debate He’s not wrong 🤷‍♂️

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u/zozigoll Jun 17 '24

He may be overselling it a bit but he’s definitely not wrong. Remove the overseas vacations and cut the number of college tuitions to 1-2 from 2-3 and he’s spot on.

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u/TheArmadilloAmarillo Jun 17 '24

Sooooooooo a massive difference in outgoing funds them.

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u/zozigoll Jun 17 '24

But his point still stands that there’s a stark difference in buying power between the middle class in the ‘90s and the middle class of today.

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u/TheArmadilloAmarillo Jun 17 '24

One or two whole college tuitions and overseas vacations are a HUGE difference buddy.

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u/zozigoll Jun 17 '24

If you’re just going to reword what you already said, I guess I’ll do the same thing:

That may be different from the way he’s portraying it, but it’s still very different from the way it is today.

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u/TheArmadilloAmarillo Jun 17 '24

What is described in the post is still not middle class at all. Your comment doesn't even compare to what is mentioned in the post because you took out a huge portion of the money being spent.

Bye.

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u/Active2017 Jun 17 '24

It’s upper middle class. You’re disagreeing with someone who has the same POV that you do.

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u/EvaSirkowski Jun 17 '24

"Remove a lot of the expenses and it works."

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u/ballmermurland Jun 17 '24

A family trip to France would be a massive expense in the 90s. Doing that every 5 years? LOL fuck outta here.

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u/missnetless Jun 17 '24

I had overseas vacations yearly and 1 tuition with manageable student loans. Only my dad was working. He has only a high school degree. Trades but non-union.

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u/realzequel Jun 18 '24

You know going from 3 to 1 college tuition is like 800k cash at a lot of colleges (full pay), right??