Skip to main content

Rat Race: Are you in middle class?

There are many factors that can define the middle class of a society, such as money, education, professional or employment status, home ownership, or culture. By all means, MONEY is the primary factor!

How much you earn, how much you have in the bank or under your bed determine your social class. It's sad, but it's true. We all try to deny this reality.

Good news. Various statistics support the notion that the middle class is shrinking. Portions of both Upper class and lower class are growing; the middle class is shrinking. The bell shape is going to be upside down. Now, the question is whether you will climb up to upper class or fall down to the lower class.


What could we do to climb up? Earn and save! Earn more; improve and broaden our skills (Money may have a chance of being stolen but not knowledge); Save more (Spend more than what you earn is the dead trap).

Of course, this is only the first step. This helps us to build up our reserve so that we can do much more than our 8-5 7/24 jobs. Next step, we will need to learn how to use money to make money.

Comments

Popular posts from this blog

Box Hill High School Zone

Parents are struggling with moving into a good reputable school for their kid(s). Here is the zone for Box Hill High School.   Good luck with house hunting!

The Bose Soundbar 700 Won't Connect to App

Bose has one of the best speaker sound. I learnt about Bose more than 25 years ago and still a fan.  I bought Soundbar 700 in 2018.  It took me a while to set it up but it has been giving me troubles once a while.  Recently, I was not able to connect Soundbar 700 with my phone.  Done the factory reset on the soundbar, it didn't work. I spent hours reseting everything multiple times and finally I found this article,  https://www.bose.com.au/en_au/support/articles/HC1380/productCodes/bose_soundbar_700/article.html .  Tweaking them all and finally got it to work again. I think the most important setting is to TURN WPS OFF on the router!  Hope it helps.

Venus Bay - pipi

Location: Venus Bay, Victoria This is around 2 hours drive from Melbourne. Aim for Bay 1, turn left away from the entrance; or bay 5, turn right away from the entrance. Preparation: Map (see below) Tide Time (Check at Australian Tide Time ) Fishing License (Purchase at Kmart or DPI online ) Container (2-liter per person limit) Sunscreen Drinking water NO digging tools! (hands and feet only) Fun Part – Digging: Best time is the low tide towards the lowest tide. Pipi could be around 5~10 cm deep.