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Also see the line between middle class and upper middle class in every state.
Its important that they keep a close watch on their money to maintain a middle-class lifestyle.
Reducing excessive debt andmanaging current debtsensibly can prevent financial strain and maintain financial stability, according to Castaneda.
Additionally, if the cost of living remains relative to income, this will maintain the middle-class lifestyle.
Changes in tax policies that burden the middle class more may result inlower disposable incomeand savings, Castaneda explained.
Increasing Prices and Inflation
Every day, it feels like prices are going up and down.
Inflation and price gouging are present-day issues that take a toll on middle-class budgets.
Could they be even worse by 2044?
The side effects tend to ripple out and hit the middle class the hardest.
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