Over 48% of people in the world’s population come under the middle class. The life of middle class people is quite suffocated when compared to the poor and rich. Let’s have a look at the lifestyle and problems that middle-class people face.
They have been segregated into two classes according to their shares in world wealth. The lower-middle-class people are made up of less educated people who earn lower incomes such as teachers, small business owners, and secretaries. The upper-middle-class people are those who get high incomes for having highly educated businesses/professions like doctors, lawyers, stockbrokers, and CEO’s.
Forget about the upper-middle class. The life of lower middle class people is quite clumsy when compared to any other category. It is difficult to lead a life of lower-middle-class status.
Lifestyle and Problems :
Life is all about compromises, adjustments, and hopes for lower-middle-class families. It’s better to have nothing or everything than having insufficient.
The lifestyle of the MC people can be explained simply. Correspondingly they lead to some problems because of their lifestyle.
- Income will be per month or year but is not sufficient enough to run their families.
Since their income is not that much to run their families with all they need, they end up in much debt.
- They live in congested houses. It’s because either they can’t buy a rich house with the salary they get or they can’t even live in inadequate housing.
Congested houses have enough space and there are some kinds of problems such as lack of ventilation, water problems, and space problems.
- As well as they can’t afford to study in high-valued institutions. Hence, they stick to some medium colleges.
There is no point in looking low on education provided by such small institutions. It’s just that they can’t provide us a guarantee of employment which will lead to major problems for middle-class students.
- They always dream high but some things must stop them in the middle such as money problems.
Not everyone can afford what want to achieve. Some of the dreams might be stuck in between and never fulfilled.
- They have to walk many kilometers in their day-to-day life even if they have a bike to travel. Because they can afford more money for petrol.
This might seem funny but yes to spend on everything that they need, middle-class people stop spending money too much on some things.
The above are some of the significant problems that middle class people face.
Their budget always tells them what they can’t afford. But it doesn’t keep them from buying. Their hunger for getting a successful life and sufficient income is non-stoppable. They can’t live poor as they know that they can afford at least some of the things. And they can’t live rich as they can’t waste on everything.
Those who get income yearly like farmers, always lend money to pass the whole year and once they get their income, it will be spent on those debts. Eventually, they end up lending money again for the rest of the year. This is the lifestyle or life cycle for many of those people.
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