GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’ve got the option to read more about oureditorial guidelinesand our products and servicesreview methodology.
I grew up in a family where hard work and financial prudence were key values.
These principles have stayed with me throughout my life and career.
He believes he needs to continue working for at least another decade before he can think about retiring comfortably.
I think this stems from a sense of financial insecurity thats ingrained in me, he said.
I worry about unexpected expenses, market fluctuations and ensuring that I can provide formy family long term.
Its about a mindset and a way of life, he said.
Even though Ive accumulated significant wealth, I still see myself as middle class for several reasons.
I still feel the need to work hard every day.
I enjoy thechallenges and rewardsthat come with my role as general manager.
Despite financial security, I believe in the value of work and the fulfillment it brings, Wong explained.
Lifestyle Choices
I live a relatively modest lifestyle, Morris said.
I dont indulge in luxury items or extravagant vacations.
He thinks this approach helps him stay grounded and ensures that he wont face financial difficulties down the road.
I value hard work, education and community.
I still feel a part of the middle-class community because I share these common values and experiences.
Wong agreed: My lifestyle remains relatively modest.
He prefers to live below his means, focusing onlong-term financial stabilityrather than immediate gratification.
I think this approach is typical of middle-class values, he said.
For example, I prioritize saving and investing over extravagant spending.
He said this has allowed him to build wealth without significantly changing his day-to-day life.
I still shop for deals, budget carefully and avoid unnecessary luxury purchases.
These priorities, he added, keep him grounded and focused on maintaining a middle-class perspective.
Economic Uncertainty
The financial landscape can be unpredictable, Wong continued.
I consider myself middle class because I feel the need to stay prepared for these uncertainties, he said.
Its a reminder that wealth can be fleeting, and its important to manage it wisely.
For example, his monthly expenses have increased by 40%.
Factors such as housing costs, healthcare, education and daily essentials have all seen substantial price hikes.
More From GOBankingRates
Share This Article:
