Impact of Social Classes

Defining Poverty Each country’s government gathers information, as well as the World Bank that conducts their own surveys. The World bank uses a method that collects information on household income then divides it by the household members. It is measured against the costs of food clothing and shelter. This method has been debatable by some,…

  How many can relate to these thoughts: “People need to take care of themselves and not live off the taxpayers. Stop being lazy and go to work. I am tired of working hard and my tax dollars to people that are lazy. Maybe we wouldn’t have to pay so much in tax if we…

 How Can I Determine if I am in the Middle Class Three subcategories exist for the Middle class. USA had an article from December of 2020 looking at middle class on a national scale. Based on income alone for a family of three. This table is used for general purposes and not meant to categorize…

  Does “good debt vs bad debt” exist? Bad debt charges an interest on items that depreciate, while good debt has a return on investment. Using a credit card for a consumable item like buying clothes, going out to eat, or a loan for a car that depreciates in value is bad debt. Good debt…

  Prosperity Club focuses on class differences to distinguish between incomes, we shouldn’t assume that those that are more educated have the brightest minds or that those that earn the most income are the best with handling money. Prosperity Club’s blogs will help you determine for yourself where you need to start, based on your…