How To Tell If You're Upper-Middle Class

Are you wondering what kind of “class” you are? There’s a thin line between lower-middle, middle-middle, and upper-middle classes. So, continue reading to discover 8 tell-tales of an upper-middle-class person to find out!

Many of us dream of retiring early, but life doesn't work that way for all of us. With expenses, debts, and unforeseen bills, early retirement may seem like a distant dream. This is less of a problem for the upper middle class due to factors such as passive income and diverse investments.

While most people think of money when they think of the upper-middle class, there's an extra step to it... Assets. People who live in the upper-middle class bracket will normally have a diverse portfolio that includes assets like stocks, bonds, and real estate. These assets increase their monthly income and net worth.

When most of us receive an unexpected bill or expense that wasn't budgeted for, we shake in our boots and worry about how it will impact the rest of our month. But when you're in the upper-middle class, you experience little to no concern when confronted with these issues. You can easily cover these expenses in the event of a financial emergency.

Upper-middle-class people will generally have at least 2 or 3 sources of income, and these will normally be across a variety of niches. These income streams can include high-paying career paths, business ownership, or passive income from rental properties or stock dividends.

Well, this one may seem obvious, but generational wealth can throw a spanner in the works. However, generally speaking, if you look at the neighborhood and house you live in, it's a clear indicator of your upper-middle-class status. Upper-middle classers normally have large, detached houses with landscaped gardens in a ZIP code that is the envy of many.

Going to a private college or university is very expensive these days, no matter what field of study you plan to pursue. Lucky for upper-middle-class people, they don't have to take out student debt to fund their further education, and this is another way to know which class you're in (no pun intended).

This is probably one of the simplest ways to know if you fall into the upper-middle-class bracket... You have extra money to do the things you enjoy. Once you've paid your bills, do you have cash left for spa days, fancy dinners, and lush vacations? Then you're likely in the upper-middle class.

When you live the upper-middle-class life, inflation doesn't touch you. Sure, you understand that a bottle of Patrón costs twice what it did 2 years ago, but it doesn't stop you from buying 5 bottles for your friends. Of course, you don't have billionaire wealth, but you can certainly enjoy the high life more often.