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5 Ideas You Need to Rise From Poverty to the Middle Class


5 Ideas You Need to Rise From Poverty to the Middle Class

Source: pjmedia.com

Stashed in: Economics!, For Milo, Poverty, For Conrad, Parenting, Economics

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So apparently 1 in 6 people do rise out of poverty to middle class:

The Pew Charitable Trusts’ Economic Mobility Project has found that if you were born in 1970 in the bottom one-fifth of the socioeconomic spectrum in the U.S., you had only about a 17% chance of making it into the upper two-fifths.

And the list is good advice for anyone, not just people in poverty:

5. Understand value and how to create it.

4. Untether from your class.

3. Live within your means.

2. Live intentionally.

1. Seek advice from successful people.

This is great advice in theory. Hard to do in practice -- especially when you're struggling paycheck to paycheck!

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