Why the middle class mindset is no longer cutting it.

[YOSHIE]

What we're understanding is the system requires working smart, acquiring information, taking advantage of the times and attention, and ultimately acquiring assets

Yes, inflation, the cost of living, market shifts and technology-based jobs have made the middle class mindset no longer effective in modern economic life as it is today.

But there are several patterns or strategies that can be implemented in the current situation to develop the economy, such as investing in assets that can protect value, for example crypto or gold, Another way that can be taken is by creating several sources of income, not solely generated economically from one place and the other is skills by identifying existing skills to produce a passive economy.

[Pearl_20]

Gone are the days where you ask a teenager what he or she will like to be in future and they say doctor or engineers etc.. there are just few.
And this is because they have seen the imbalance between governments provision and citizens spending,

And this might not really be good for the future, because we might have limited workers in the society, so it's better the government finds a way to balance Evey thing supply and demand

There's so much sense in what you said, these days you rarely see teenagers who are eager to do those professional courses when they know that after that nothing comes out 

Most employers are even complaining that these Teenagers don't like working so it's not about the future because it's happening already, have asked few and they will tell you bluntly that nothing will make them to work for anybody. Wish the government will really do something about it, things are just no longer the way it use to be, growing up there's so much you want to achieve and do, but as life goes on you realise that those dreams and Ambitions keep dying because of the system we find ourselve.

[BlackHatCoiner]

The "work hard and save fiat" advice is basically financial suicide right now. It's not that young people are lazy, they just did the math and realized the traditional middle-class ladder was pulled up years ago.

If you aren't acquiring hard assets or learning how to leverage new tech, you're just running getting poorer and poorer.

[IjawMan]

The "work hard and save fiat" advice is basically financial suicide right now. It's not that young people are lazy, they just did the math and realized the traditional middle-class ladder was pulled up years ago.

If you aren't acquiring hard assets or learning how to leverage new tech, you're just running getting poorer and poorer.

That is exactly what the new dimension toward wealth creation in today world where traditional patterns are failing to cope and survive with the economical challenges.

Is a true fact that asset creation, asset accumulation and technology is the driver of the present financial order and if an average Joe must be able to elevate himself out and above the middle class which is gradually fading cause the social and financial disparity now stand between poor and rich, leaning in the direction of digital asset and tech is the solution.

[Egii Nna]

The "work hard and save fiat" advice is basically financial suicide right now. It's not that young people are lazy, they just did the math and realized the traditional middle-class ladder was pulled up years ago.

If you aren't acquiring hard assets or learning how to leverage new tech, you're just running getting poorer and poorer.

That is just the fact. If the proverb can change to “work harder and invest in things that are not affected by inflation,” it would have been better. People that still save in fiat are just wasting their energy because they will still pay taxes, get affected by inflation, and still lose the value of what they have worked harder for.

It’s very painful to see how the system is designed to make the poor poorer. The only chance left for them to escape is very slim, which is the main reason we see the poor like they are not ready to change their situation. How I wish I can create a way to teach all the poor how to escape the cycle, although you can never eradicate poverty in the world.