Still On The Middle-Class Bruhaha: A Lifestyle In Dilemma

Image recreated on Canva

According to the Cambridge University Dictionary, the word 'bruhaha' denotes "a circumstance that generates annoyance, rage, or bewilderment," which is exactly what the middle-class dilemma foreshadows.

The first section of the middle-class dilemma can be found here.

The issue that comes with being a middle-class income stems from their perceptions about the rich and wealthy. The middle class always sees themselves as wealthy, and as a result, they compete with the wealthy. A race that the wealthy were completely unaware of. Middle-class earners are drawn into pointless competition with the wealthy because of misconceptions about their lifestyle. Surprisingly, the foundation for this competitiveness is non-existence among the wealthy. Some things that the wealthy never consider or do that the middle class believes are what makes the former tick. It's a perfect irony, and it's as if you're chasing a shadow. As a result, no matter how hard the middle class tries, they will never achieve the status of the wealthy because the two are on parallel tracks.

There are several misunderstandings about being wealthy that the middle class holds. This is the source of their dilemma and brouhaha. The following are some of these misunderstandings:

** 1. Working harder equal more money**

There’s nothing wrong with working hard, but being a hard worker won’t always pay off in riches and wealth. The middle class thinks that if they want to be rich, they got to break their backs, yet that’s not how the wealthy see it. They know that if you want more money, you got to work smarter and more unique than others. Your payment depends on how rare your skill is. And you don’t get paid much for being a hardworking person. Rather, you get paid by how smart you are. The more educated a person is, the more money they’ll earn. It’s all about someone's abilities in any kind of field. This is one of the many misconceptions the middle class has regarding getting rich.

The middle class also thinks that the wealthy don’t sleep at night because they’re constantly trying to find out how to make more money and they too won't sleep so to catch up to others with material goods. If it's all about putting in more hours or working harder, the garbage man would be the richest. Although anyone may collect trash, not everyone can promote a product or clinch a transaction.

2. Most Middle-class earners believe extravagant is the way of the rich

This is where the middle-class went astray, believing that being wealthy equaled bragging rights. Purchasing high-end automobiles, jewels, and higher-end branded apparel is not the way to become wealthy. The middle class, on the other hand, holds this view of the wealthy, which explains their dilemma and brouhaha in catching up with people who are never of the same race as them.

Those that make money through financial acumen aren't wasteful. People like Warren Buffet and Bill Gates don't buy Gucci because they know it's a waste of money. They spend their money wisely and avoid unnecessary expenses because every cent counts. Most middle-class worker care less about this. They spend their hard-earned money in an attempt to imitate the rich. What a dilemma!

3. Quick riches

The middle class's way of life is to get rich rapidly. They think of success as something that happens overnight, and they think of every successful person as having become wealthy overnight. Wealthy people understand that success takes years of persistence and dedication. One of the reasons why most middle-class people would not start a business is because they lack patience and commitment. Today's wealthy man has fallen several times. Whenever he falls, he gets back up, learns from his mistakes, and keeps going until he achieves his goal.

The desire to get rich quick has killed many capable and skilled people. Some have even killed others to satisfy that hunger.

4. Most of the middle class doesn’t know how to spot the difference between assets and liabilities

For most middle class workers the appeal of a car is more beneficial than investing in something else. They believe that once they’re done with a car they can easily sell it for a good price. However, this simply isn’t true because cars do not increase in value over time. The wealthy understand this concept much better than the middle class. If someone were to ask them about their wealth, you wouldn’t find them mentioning a type of car they own at all. The wealthy truly understand how to build wealth which is through spotting assets that can grow in value and investing in them. Their main concern is finding places where they can invest money and figuring out how much additional money will be produced within a year from their current dollar amount. Things like real estate or crypto projects are great examples where they can see growth potentials.

5. Most middle-class think time and money spent on improving one's skills are a waste

This is where the middle class are making big mistake. They think that investing time and money to learn new talents and improve existing ones is a complete waste of time and money. Wealthy people don’t think this way. They understand the necessity of using information to better themselves. It’s simple, the more they know, the more they can do, which in turn decides their work quality and ultimately income. Instead of bemoaning spending money on books or courses like the middle class, they invest freely in those things. As obvious as it is, they know that the more your learn, the more you can use that knowledge for your advantage. And it’s no surprise that this pays well.

The wealthy sees life on a different perspective from the Middle-Class, yet the later thinks that their journey through life matches up with their upper-class counterparts. What a brouhaha!

Posted Using InLeo Alpha

Posted Using InLeo Alpha