Many middle and upper-middle-class individuals feel a sense of inadequacy regarding their wealth compared to others. Despite earning around $150,000, which allows for comfort and savings, there is a perception that many are richer. The presence of wealth in coastal cities reinforces this feeling. Moreover, savvy investment options and credit card rewards are highlighted as potential ways to build personal wealth. The existence of numerous millionaires in America is acknowledged, which can contribute to these feelings of economic envy.
No matter how much you earn, there is always a feeling that there are people out there earning more and living a better life, especially for middle and upper-middle-class individuals.
The notion that America has a large number of millionaires isn't exactly new or surprising, but it can sometimes lead to misconceptions about wealth in other parts of the country.
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