There are plenty of upper-middle-class people who live in a high cost-of-living area and are spending 50% on rent. Rich people additionally will have most of th

There are plenty of upper-middle-class people who live in a high cost-of-living area and are spending 50% on rent. Rich people additionally will have most of their cash tied up in business deals that won't resolve until way later. The definition of financial irresponsibility is not being poor.