Nowadays, it seems like the only people getting richer are the rich.
Has it always been this way?… Maybe it has been, maybe it hasn’t. It all depends on who you ask 😉
The opportunities for success are limitless if you have a mindset for wealth and endless growth. Dream big and never give up. Never be afraid to face reality. You can use the circumstances to your benefit or ultimate demise. It’s up to you.
The middle class is on its way to living below the poverty line thanks to the invisible tax (AKA- INFLATION!), skyrocketing costs to live, and the unfortunate trap of falling into debt. All by design.
Never forget that 45% of Americans don’t have a penny to their name in their savings accounts.
You think you have it bad? Think again.
What Is a Middle-Class Income?
According to U.S. News, “Pew Research defines middle-income Americans as those whose annual household income is two-thirds to double the national median (adjusted for local cost of living and household size). For a family of three, that ranges from $52,200 to $156,600 when the 2018 incomes used in a Pew study are adjusted for inflation from 2018 to 2021, according to Rakesh Kochhar, senior researcher at the Pew Research Center.”
The lowest-income group earned less than $48,500 for a family of three while the highest-income households had incomes topping $145,000 in 2018 dollars.
“As far as the first, initial shock of the pandemic, we found low-income families were most affected as far as finances are concerned. In terms of the share of people who are lower, middle or upper class, that did not shift much,” Kochhar says. “There were other factors in lower-income families other than the financial bit – a third had some experience with unemployment during the course of the year, which was again much higher than unemployment experienced, but there also was on the other hand a lot in terms of government assistance.”
Social Class Isn’t Solely Determined by Income
According to “experts” on the subject, when it comes to determining social class, people don’t only consider income but other factors as well such as education, location, and family history.
As for defining what the middle class is exactly, Gallup senior editor Jeffery M. Jones says, “It’s more of a feeling. It’s about economic security, being able to afford what you need but then also maybe a bit beyond the basics. Maybe vacations, something extra recreational, a third car, money to do things beyond what you need to live.”
So if you’re into the idea of driving a fancy car, owning a beautiful home, traveling the world, and eating the best food one could find, be sure to choose the right path.
Especially in this economy.
Here are 7 careers that will allow you to live a lifestyle of luxury.
Nothing in life is easy. You might as well be rich.
Click here to take the PBD Quiz
1. Entrepreneur
The wealthiest people you will encounter are most likely entrepreneurs.
Not everyone is on Elon Musk’s level but think about all the rich people you know of and what they do.
People who choose the path of entrepreneurship are not only guaranteed job security but have the unlimited potential to earn as much as they dream of. One of the best feelings about being an entrepreneur is that you know the only person who could fire you are your clients or customers.
The work you put in will be worth it and you’ll never have to worry about annoying bosses, co-workers, or customers even, because it’s entirely up to you to decide who and what you deal with.
It certainly isn’t easy, but the potential for unlimited success is worth it.
2. Doctor
Anything in the medical field is going to be lucrative.
If you have to take out tons of loans, it might be harder, but it will surely earn you the R.O.I. you were hoping for.
The best thing you can do is talk to those who have already gone through it and find ways to reduce your cost of tuition via scholarships, government subsidies and grants, and other loans.
Click here to take the PBD Quiz
3. Lawyer
Who knows, maybe you’ll be defending Johnny Depp someday.
For those who aren’t a fan of needles and blood, law is a great field to pursue.
If you are very analytical and charismatic, you’ll probably be a great lawyer.
You have to be okay with defending people that are not necessarily in the right…
You’ll do a lot of reading and you’ll probably deal with a lot of bullsh*t, but that’s part of the fun.
Attorneys interpret laws, rulings, and regulations for individuals and businesses. They present facts in writing and verbally to their clients or others, and argue on behalf of their clients. They also prepare and file legal documents, such as lawsuits, appeals, wills, contracts, and deeds. There are MANY different fields of law. Research this career path to see which one might interest you.
4. Nurse Practitioner
Nurse practitioners are the new doctors.
They see patients like doctors do, prescribe medication, and have the ability to open their own clinic if they wish.
It’s a very lucrative and fulfilling career path for those who are inclined to the medical field but don’t want to go through 10+ years of schooling. To become a nurse practitioner, you need to become a registered nurse first and then pursue an additional 2 years of schooling to become an NP.
Click here to take the PBD Quiz
5. Psychologist
Psychology is a very lucrative field of work and the opportunities are only increasing.
There are a lot of mentally ill people on the planet if you haven’t noticed already. Seriously, the WHO says there are about 1 billion people on the planet with mental disorders.
The field is only growing at this point, considering that almost everyone you know is struggling with their mental health.
It’s okay to not be okay, as they say.
The stigma that once existed regarding those who go to therapy is practically gone… Getting help for your mental health is encouraged and more and more people are getting the help they need. This means more money for people in this field.
Click here to take the PBD Quiz
6. School Administrator
Have you seen how much school superintendents make?!
Not only do these people get a pension, holidays off, and fantastic benefits, but they have the potential to make up to $500,000 depending on the school district they are in.
For those who love the field of education but aren’t so fond of the salaries, look into higher-level administrator positions.
These people make BANK.
Click here to take the PBD Quiz
7. CEO
If you manage to climb the corporate ladder, you will surely make a decent salary depending on the company, location, and total revenue brought in.
Good luck out there.
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