The Middle Class Report: Climb Out or You’ll Fall Out
The “middle class” is Getting Squeezed.
More people are getting rich and more people are becoming poor—the middle is getting hammered. The share of American adults in middle-income households shrank from 61% in 1971 to 50% in 2015. The “middle class” is falling behind. Are you in it? It’s happening everywhere. This shows the decline in metropolitan areas.
From 2000 to 2014 the share of adults living in middle-income households fell in 203 of the 229 metropolitan areas. The decrease in “middle class” in metropolitan areas was 6% compared to 4% nationally.
The “middle class” isn’t a set of rules based on earning—the “middle class” is a MINDSET.
The reason you are in the middle class is not because of the economy, it’s because of your thinking. The concept of the middle class was built on doing enough, working enough and saving enough.
You don’t want to do just “enough” and have just “enough”. America has been sold the “middle class” freedom model for generations. The freedom to make choices, the freedom to do what you want with your life and live where you want is not found in the “middle class” because it is a trap.
Most advice you will receive says you need to save more money. Let’s say you try and cut out a dinner or two, Direct TV, and maybe your morning coffee. What are you going to save, $300 a month? That’s $3,000 a year, and after 10 years you will have a whopping $30,000. With inflation, you are going backward.
I want to help people who desire to create freedom for themselves and their families. How would you like independence, to be released from the trappings of the “middle class”, and have no more constraints on your choices?
The “middle class” is diminishing quickly and if you’re in that income bracket, better find some strategic ways to get out immediately or drown with the rest of them. Don’t worry about cutting your Direct TV or that cup of coffee.
What will you do to get the skills you need to live the life you dream? This is what freedom is all about—the freedom of CHOICE. I’ve written The Millionaire Booklet: How to Get Super Rich to show others EXACTLY what I did to push myself to create wealth in my life. This isn’t a fly-by-night scheme or a success story from a rich kid. I had nothing. I lost my father as a kid, was broke, in debt, overcame a drug addiction, and built up multiple companies from nothing to create a life of FREEDOM. Go and get yours.