The middle class is a very relevant part of any society, but it can also be a difficult place to stay in. The term is self-explanable and can be understood as a vicious circle of middle-class income that provides financial security but also makes it hard to reach higher levels of wealth.
However, one doesn’t have to be stuck in this circle forever. There are various self-help tools that will enable you to achieve the wealth and success you have always dreamt of.
Let us first understand why people remain stuck in this middle-class life.
Pick Comfort Over Wealth
People who belong to the middle class get too comfortable with their wealth and hence are too scared to take risks in life. They fail to look at the bigger picture and remain at the same level of the social class ladder because they are too scared to climb up.
Accustomed To Debt
People from the middle class believe that debt is unavoidable and is a part of life, so much so that it is considered a part of our financial planning. They view debt as a necessary tool for achieving goals such as buying a home or car or paying for education. People who belong to the middle class often feel they have no choice but to take on some form of debt to make ends meet. This turns into a never-ending cycle of earning and repaying debts.
Believers of Luck
The middle class tends to believe that rich people around them are just lucky. They seem to discuss hard work and dedication as means to achieve success and conclude they aren’t lucky enough to be living a rich life. This view makes them reluctant to plan a financial goal for success.
Difference Between Jobs & Career
It’s one thing to have a job, it’s one thing to have a career! The middle class remains stuck in having a 9 to 5, leaving them with no ambition to even think about climbing a career ladder. This job soon becomes a circle of mediocrity where people tend to become very comfortable with what they have.
Working Hard, Not Smart
The middle class tends to believe that the more hours they put into their job, the more success they will achieve. So much importance is put on working hard that other things like taking risks, networking, learning new skills, and finding mentors, all of this goes for a toss.
These are just a few of the things that keep us stuck in our middle-class lives. However, the biggest factor of them all is NOT TAKING RISKS in life.
If you are scared of taking risks and are tired of being stuck in this vicious circle of middle class, we have just the show for you.
Listen to ‘Kaise Nikle Middle Class Life Se Bahar‘, only on Kuku FM.