Lifestyle

Only 13% of millionaires think they’re rich

Only 13% of millionaires think they’re wealthy, according to a recent Ameriprise Financial report. It shows that class and wealth are two different things – and class in America isn’t just about money. A high cost of living in certain cities can also influence how wealthy someone feels. Visit Business […]
Only 13% of millionaires think they’re rich
Markets

It’s official: Rich people are relying on their rich parents

One-third of Americans are waiting on an inheritance,according to new data from Merrill Edge. The cohorts most dependent on future inheritance are Generation X and Gen Z. The data underscores how difficult it has become for younger generations to have upward mobility, or the ability to rise to a higher […]
It’s official: Rich people are relying on their rich parents
News

REPORT: Only 2% of Australians think of themselves as ‘upper class’

A new study out by The Australian National University has revealed that most Australians consider themselves to be part of either the working or middle class. These groups, based on a range of measures including income, education, social contacts and social activities, contradict the common perception that Australia is a […]
REPORT: Only 2% of Australians think of themselves as ‘upper class’