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So what does financial security look like for the middle class?
What criteria tell you that you have it, and when might you be at risk of losing it?
GOBankingRates spoke with some money experts to explain.
Here are five things the middle class wastes money on, according to financial advisors.
Knowing what you want your retirement to really look like can help you set these expectations.
So you might find youre comfortably secure in Texas, but not so much in Hawaii, for example.
Despite the higher income requirements, the core principles of financial security remain the same.
Ive observed people with high-paying, unstable positions struggle more than those with modest but steady jobs.
They should aim to build an emergency fund covering six months of expenses for job security, Boatman said.
Home equity plays a major role in wealth accumulation over time, he shared.
This small change significantly improved their financial situation.
Its always a good idea to speak to a financial advisor when possible.
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