According to studies, 400 of the richest Americans have more wealth, than the rest of 150 million of them. But what about the Middle-Class population? As per the latest data, the middle class has shrunk manifolds in the past few decades.
Thus, there are lesser chances that you will belong to the middle class in the future. You are going to be either wealthy or poor. To understand the difference between middle class vs rich, go through this write-up:
The wealthier population thinks that the first objective is to get a bunch of resources and use it for accelerating business, education, or the next generation. However, the average one views this as an opportunity for inflating lifestyle or for consumption.
Hence, if you need to wait for the paycheck till the end of the month for buying something, purchase only those things, you need.