The COVID-19 pandemic reinforced the importance of having money saved for the unexpected, with many Americans experiencing job loss and unanticipated medical expenses. And many people took this lesson.
By some estimates, the middle class in America is shrinking. A Time Magazine article from 2001 said that the proportion of families in the middle class (defined at the time as having a household.
Some people looking to improve their financial health might read self-help books. Others might dive into an online tutorial or listen to a podcast. For many others, however, watching videos is still.
In its final 2022 Filing Season Statistics report, the IRS stated that it has processed more than 140 million individual income tax returns, including more than 96 million refunds for a total of over.
The middle class contains about half of America, according to the Pew Research Center 50%, to be exact. Another 21% fall into the upper class and 29% are in the lower class. But what is the middle.