Why the middle class mindset is no longer cutting it.

[nara1892]

The development of the Times happens very quickly and the competition is getting tougher, if for example we still maintain the principles of life like the middle class then maybe we will continue to be trapped in that cycle of a lifetime that is to be a worker, but on the other hand sometimes there are those who have developed thinking and realize everything but the problem is they do not have enough courage to try and lack of information.

But on the other hand sometimes there are always some people who have simple dreams like the middle class mindset you mentioned, but on the other hand there is actually nothing wrong too because in the end everything moves to accumulate wealth but in a different way and time.

[Taricoins]

The middle class timeline has always been simple; get education, a stable, acquire a home, and slowly begin to accumulate wealth bit by bit. Prior to this time an average person or household has the same mentality of following that trajectory.

But in today's economy such mindset is proven to be non efficient because; inflation outdoes savings, housing outpaces wages on offer, and technology outpaces labour adoption.

On the flip side, what actually works in the economy today is; asset ownership, leverage and information.

Are we starting to see the reason why younger persons don't feel the need to follow the middle class trajectory of working hard?

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

We all talk like the middle class can completely be obliterated and it's funny. This same challenges we say will leave the middle class In ruin was exactly what happened years ago but with a different pattern, the same change from intense labour to going to school for success, the middle class still scaled through. No matter what we do the scale will always be balanced and the three major social cycle will come back. The best we can do is take advantage new wave becaue with mainstream adoption comes this same middle class

[Plutomanian]

We all talk like the middle class can completely be obliterated and it's funny. This same challenges we say will leave the middle class In ruin was exactly what happened years ago but with a different pattern, the same change from intense labour to going to school for success, the middle class still scaled through. No matter what we do the scale will always be balanced and the three major social cycle will come back. The best we can do is take advantage new wave becaue with mainstream adoption comes this same middle class

We have what it takes to start our lives and get it back running effectively, we just have to make sure we're making the right moves and adapting early to the economic structure of the country rather than relenting and also complaining which we're very aware that it's not going to help us achieve our goals.

What's more intrigued about the middle class? Because it's more acquainted with technology and the economy of the country, how it relatable to their well-being of the citizens. Why would someone be scared enough to remain stagnant in one's place? We should be more ambitious and ready to make changes where we feel is necessary. Our lives depend solely on ourselves and we're becoming more ready for what ever is coming for us.

[Muba20]

The development of the Times happens very quickly and the competition is getting tougher, if for example we still maintain the principles of life like the middle class then maybe we will continue to be trapped in that cycle of a lifetime that is to be a worker, but on the other hand sometimes there are those who have developed thinking and realize everything but the problem is they do not have enough courage to try and lack of information.

But on the other hand sometimes there are always some people who have simple dreams like the middle class mindset you mentioned, but on the other hand there is actually nothing wrong too because in the end everything moves to accumulate wealth but in a different way and time.

There is no guarantee that the future will be secure if you work hard. Along with income, how you save and manage your money is also an important issue. A person can earn a good income by working or doing business all his life, but if all that income goes to current expenses and no savings or wealth is created, then if he stops working, his financial pressure can increase quickly and he can face problems in taking care of his family. In the end, not everyone's dreams are the same some want the stability of a house, car business or job, while others want to create value for the future through Bitcoin or other assets. Some people start building wealth at the age of 20, while others after 30 or 40 years. Some get opportunities in a job quickly, while others get opportunities in the same job gradually. So it is not always reasonable to compare your progress with the schedule of others. The difference is not only who earns more in the end, but also in who is able to understand their income, save over time, and spend it properly.

[LUCKMCFLY]

Some people start building wealth at the age of 20, while others after 30 or 40 years. Some get opportunities in a job quickly, while others get opportunities in the same job gradually. So it is not always reasonable to compare your progress with the schedule of others. The difference is not only who earns more in the end, but also in who is able to understand their income, save over time, and spend it properly.

It's very true, things are always that way. Building wealth depends a lot on our outlook on life and how we manage what we earn. In this respect, conditions vary greatly depending on the economic environment. In my country, the middle class is practically non-existent; there is basically just poverty and the wealthy or millionaire class, with very few people actually falling anywhere in the middle.

In countries where you can work hard and earn a decent wage, things can improve, but in places where you work hard and get paid very little, it's really tough. I think all of those factors play a huge role; it's not easy no matter where you are. Still, there are always ways for us to pursue wealth through strategic investments, and BTC remains, for me, the absolute best option.

[Decimetre]

Some people start building wealth at the age of 20, while others after 30 or 40 years. Some get opportunities in a job quickly, while others get opportunities in the same job gradually. So it is not always reasonable to compare your progress with the schedule of others. The difference is not only who earns more in the end, but also in who is able to understand their income, save over time, and spend it properly.

It's very true, things are always that way. Building wealth depends a lot on our outlook on life and how we manage what we earn. In this respect, conditions vary greatly depending on the economic environment. In my country, the middle class is practically non-existent; there is basically just poverty and the wealthy or millionaire class, with very few people actually falling anywhere in the middle.

In countries where you can work hard and earn a decent wage, things can improve, but in places where you work hard and get paid very little, it's really tough. I think all of those factors play a huge role; it's not easy no matter where you are. Still, there are always ways for us to pursue wealth through strategic investments, and BTC remains, for me, the absolute best option.

What makes matters worse in some cases is that some people don't have the financial discipline to handle the little amount they're earning very well. Some people go about complaining about the small token they earn instead of figuring out the important investments to go into to boost their income. Two people earning the same amount in a job have extremely different possibilities of becoming rich. A person can be earning less but because he is investing in the right assets, he can get wealthy before someone who is complaining about how little his income is and never cared to make investments.

Yes of course, bitcoin seems to be the most viable option because it can be invested in no matter how little your money is; your discretionary income may be too low to start thinking of going into real estate, just invest in bitcoin and hold on. Sometimes even the largest salaries does not guarantee wealth if there's no proper planning.

[Oyoyoma_yu]

The life of the middle class man is always to leave a comfortable life. Own a good home have a good job, good car, and possibly eat good food with money in the bank.This is actually the mentality of an average man, but the rich ones think of investment, buying shares of companies, buy Bitcoin, gold, invest i landed properties etc. These assets actually grow over time appreciating in value, and also creating wealth for the owner. Building wealth is not as easy as some persons think. Some people you see as wealthy people today started the journey long ago, and they are reaping the dividends of their hard work today. So in notshell salary cannot make someone wealthy but investment does.

[STT]

Middleclass getting destroyed is not a new phenomena or that unpredictable.  Its apparently a logical normal progression that occurs during economic instability, somehow the richest and and poorest arent as badly affected as middle class can be.

  Plenty of examples exist of countries blowing up their economy for a variety of reasons and its a quite dependable outcome that the middleclass suffer the most if we measure in terms of losses.  The richest can flee the country but a middleclass is often bound to their jobs, losing that income causes a rapid change in fortune.  Ironically the poorest can have the least to lose starting off with less to begin with. Its tragic but not a one off situation over many years and instances of failed governance etc.

[LogitechMouse]

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On the flip side, what actually works in the economy today is; asset ownership, leverage and information.

Are we starting to see the reason why younger persons don't feel the need to follow the middle class trajectory of working hard?

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

There's one thing that everybody needs to have if they want to have a better lifestyle. ADAPTION.

Adaption to what's happening in the world because everything changes at such a rapid pace that if you don't adapt to what's happening, you will end up struggling for possibly the rest of your life.

Asset ownership is somebody that for me is a must if you want to have a better life. I'm not saying all with this one, but majority of those who don't even investing in different asset classes in the first place are the ones that are struggling or worse, poor. This is the reason why I'm forever grateful that I learned investing at such a young age because if not, I might be struggling in my life right now. Well, I'm still struggling sometimes, but not like those poor people out there. The "middle class mindset" right now doesn't work anymore in today's economy. You said it already, the wage can't cope up with everything including the housing, and even those necessities that we need.

Adapt and you'll survive. For me, that's the one thing that everybody needs. It's a broad term yes, but it's very helpful.

[Uhwuchukwu53]

The issue about middle class while it can't be eradicated, it's more practical, to see that everyone don't make money or some of income at the same paste, provided there is a shift by individual those that refuse to move at the moment of shift will fall into another lifestyle of middle class, for instance adoption of Bitcoin as asset by some individual who have the knowledge and what it takes to invest on it may shift higher than those who are not engaging with time, the reason while occasionally in our environment we see changes in financial leverage of individual where one may fall into middle today some time above middle class or possibly otherwise by fallen entirely poor is the fact that human shift to information, knowledge and adoption of new ways of life exist provided things changes middle class can't be eradicated.

[ruykeri]

The development of the Times happens very quickly and the competition is getting tougher, if for example we still maintain the principles of life like the middle class then maybe we will continue to be trapped in that cycle of a lifetime that is to be a worker, but on the other hand sometimes there are those who have developed thinking and realize everything but the problem is they do not have enough courage to try and lack of information.

But on the other hand sometimes there are always some people who have simple dreams like the middle class mindset you mentioned, but on the other hand there is actually nothing wrong too because in the end everything moves to accumulate wealth but in a different way and time.

You are right. But one thing seems a little different to me. Being a worker does not mean that a person is financially backward or is leading life unsuccessfully. It is not realistic to think that someone will become successful by doing business, investing, and taking big risks. If a person wants, he can also become skilled in some other section by doing his own job. In this way, he can increase his income and create savings. Later, if he invests, he can improve his financial condition. Everything is a lengthy process. And there are no rules that say you have to be aggressive in any investment or business. Any decision should be taken responsibly, so that mistakes are less in the long run.

[Dareo]

The issue about middle class while it can't be eradicated, it's more practical, to see that everyone don't make money or some of income at the same paste, provided there is a shift by individual those that refuse to move at the moment of shift will fall into another lifestyle of middle class, for instance adoption of Bitcoin as asset by some individual who have the knowledge and what it takes to invest on it may shift higher than those who are not engaging with time, the reason while occasionally in our environment we see changes in financial leverage of individual where one may fall into middle today some time above middle class or possibly otherwise by fallen entirely poor is the fact that human shift to information, knowledge and adoption of new ways of life exist provided things changes middle class can't be eradicated.

But it is not as simple as you think to ride the crest of a wave and move from the middle class to the upper class by simply participating in Bitcoin or any new craze. However, many people end up losing their hard earned savings and sinking from the middle class to the very poor class by investing in new industries blindly. Also there is a balance within the economic structure, If all of us get wealth, then there will be no workers or service providers in the society. As a result, when new technology and/or information alters the personal status of individuals, it can never fully obliterate this social class division in society.

[tabas]

The life of the middle class man is always to leave a comfortable life. Own a good home have a good job, good car, and possibly eat good food with money in the bank.This is actually the mentality of an average man, but the rich ones think of investment, buying shares of companies, buy Bitcoin, gold, invest i landed properties etc. These assets actually grow over time appreciating in value, and also creating wealth for the owner. Building wealth is not as easy as some persons think. Some people you see as wealthy people today started the journey long ago, and they are reaping the dividends of their hard work today. So in notshell salary cannot make someone wealthy but investment does.

That's not true, there are many middle class who are also into investing of bitcoin, gold, real estate and other assets that they can get in. But IMO, they are really in the mid-life crisis and are the ones who suffers the most with this kind of economy. The poor doesn't get that much help as well but when it's with the taxes, and lower salaries, the middle class doesn't get that much bump for the help they need. Let's not close our minds that investing into those assets you have mentioned are only limited for the rich, it's for everybody but we know who's got the advantage investing into those.

[PVequalNRT]

I think the middle class is still the mid class to escape the poor state and aspire to be a richer class. The thing is that the stages has change, the financial system has change, inflation is increasing and the purchasing power of fiat is reducing at a fast speed. If you have been a mid class person in the last couple of years and you have not try to be a rich person, there is tendency that you are going to be closer to poor class.

The people that were rich few years back that couldn't make more money to their wealth didn't have any difference in what the have today, the are like the middle class in today's economy.

[kingstep]

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

The first goal of any man is to ensure that they are able to carter for Thier daily needs. When they've attained that neccesity, the next thing is to get some basic asset like properties. It's after they've gotten these asset that they become stable to the extent of going after wants that are not necessarily a must for them to get.

If you're still a middle class individual, your mindset is going to be at the level you're at. Your mindset and view of things grows in proportion to what you've become.

[skarais]

~~~

You are right. But one thing seems a little different to me. Being a worker does not mean that a person is financially backward or is leading life unsuccessfully. It is not realistic to think that someone will become successful by doing business, investing, and taking big risks. If a person wants, he can also become skilled in some other section by doing his own job. In this way, he can increase his income and create savings. Later, if he invests, he can improve his financial condition. Everything is a lengthy process. And there are no rules that say you have to be aggressive in any investment or business. Any decision should be taken responsibly, so that mistakes are less in the long run.

Of course, everyone has to go through a long process although in the end not all of them will be successful. Work is a source to make money, of course you have to exchange your time and energy for it, but investment has a different way of working. People who start to become aware of investments will not completely exchange their time and energy for making money. They will find a way to get their money to work harder instead of themselves, but in order to have capital they need to have a source of income.

[LUCKMCFLY]

Yes of course, bitcoin seems to be the most viable option because it can be invested in no matter how little your money is; your discretionary income may be too low to start thinking of going into real estate, just invest in bitcoin and hold on. Sometimes even the largest salaries does not guarantee wealth if there's no proper planning.

There's an old saying where I'm from: "You have to live within your means." Many of us would love to allocate capital into real estate or physical gold right now, but for most people, current income levels simply make that impossible. So what is the most viable and frictionless option available? Accumulating BTC. Sticking to a disciplined Dollar-Cost Averaging (DCA) strategy helps build long-term purchasing power and yields far better returns over time than most people anticipate.

In economies where inflation and currency devaluation are constantly squeezing everyday households, being decisive with capital is essential. Every single dollar has to be managed wisely and never wasted, as poor financial planning only compounds the problem. It isn't easy, but it is achievable. Finding effective ways to stretch and grow whatever income we generate is the key to securing a better quality of life for our families, which is ultimately what matters most.

[Bit-Mj1014]

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.

True, but I think the Internet had a big part to play in the aspect of young people not willing to work for someone.
Time is money and I most economies especially why I come from the salary those not match the time spent, we are in a world we're if you forget about that job and focus on something that is related to the Internet, either showcasing your talent online, or even creating  any kind of content, as your consistent in what your doing you'll eventually go viral and get rich in the process, so many young people has followed this process and it yielded good results, that is why young people are tilting towards that direction.

[hafiztalha]

I agree with you about major shift on younger generation see and follow traditional path to success  but this change actually more faster due to open information and attention economy era which change the way society give recognition. In this figital era,young influencer content creator and digital aset owner  gain money, influence more quickly than old paths, and then social recognition no longer given to most stable but to the most visible, growing fast and can attract attention. I see now, social validation very important for young generation and all because social media. So not only strategy which change but also success definition itself also change.

I think the issue is that we are giving way too much importance when defining the success to social media as what success actually means to young people.  Social media creators and influencers create this impact on social media that success can happen very quickly but that is only a very small part of today's economy. Today's youth is choosing multiple and different paths to success. Because additional paths have become less reliable and are not giving good salaries and it has failed to keep up with the increasing cost of living.

Having financial discipline is very important but that does not mean that financial success automatically comes from following the traditional path like getting a degree, getting job, then saving, waiting for the retirement and then having a life. This formula has way too much risk, as inflation is increasing day by day and there is a lot of unemployment going on there were layoffs the other day, so this formula is not working anymore. Working smart means having multiple and parallel sources of income, learning new skills, investing and taking risks. The issue is not that the young generation is not following the old path.

[Bushdark]

The life of the middle class man is always to leave a comfortable life. Own a good home have a good job, good car, and possibly eat good food with money in the bank.This is actually the mentality of an average man, but the rich ones think of investment, buying shares of companies, buy Bitcoin, gold, invest i landed properties etc. These assets actually grow over time appreciating in value, and also creating wealth for the owner. Building wealth is not as easy as some persons think. Some people you see as wealthy people today started the journey long ago, and they are reaping the dividends of their hard work today. So in notshell salary cannot make someone wealthy but investment does.

Inflation has always been the problem here which has been affecting both the middle class and those on the higher ladder.
Life has not been the same since inflation has been affecting how we feed, shop and do related things due to the policies the government is working on everything we involved ourselves. At least the middle can get good shelter and get a good job but the masses would have to strive to get food on their table when majority might not be doing a good job that will help them feed well and make better savings.