Middle class defined by frugal mindset not just net worth of $300,000 (australia) — SMH
SMH ·australia ·1 hour ago

Middle class defined by frugal mindset not just net worth of $300,000

A study defines middle class by wealth—between $300,000 and $900,000 in net assets—but one writer argues class is fundamentally an attitude. Being middle class means saving string scraps, pocketing hotel bread rolls, scraping mold off cheese, and judging those with expensive cars and handbags while carefully concealing one's own modest indulgences.

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Published 16 Oct 2026, 18:30 UTC · Updated 16 Oct 2026, 18:41 UTC

Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections