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Jamani		#21 Posted : Sunday, July 24, 2011 6:30:05 AM
Rank: Elder Joined: 9/12/2006 Posts: 1,554		Jamani wrote: dunkang wrote: @Jamani, anyone earning above 200K is upper class, not elite! This is interesting,...... I dont want to think so....200K upper class? I would classify it as follows Lower middle >80=250 middle class >250=600 upper middle >600=800 upper class >800=1.5M elite >1.5m Just my thinking not based on any informed source
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Sober		#22 Posted : Sunday, July 24, 2011 8:37:06 AM
Rank: Elder Joined: 11/27/2007 Posts: 3,604		Is this per annum income, month or quarter? African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Jamani		#23 Posted : Sunday, July 24, 2011 12:13:23 PM
Rank: Elder Joined: 9/12/2006 Posts: 1,554		Sober wrote: Is this per annum income, month or quarter? Per month Sober
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kiterunner		#24 Posted : Sunday, July 24, 2011 12:38:35 PM
Rank: Member Joined: 7/9/2011 Posts: 730 Location: Nairobi		Jamani wrote: Jamani wrote: dunkang wrote: @Jamani, anyone earning above 200K is upper class, not elite! This is interesting,...... I dont want to think so....200K upper class? I would classify it as follows Lower middle >80=250 middle class >250=600 upper middle >600=800 upper class >800=1.5M elite >1.5m Just my thinking not based on any informed source I believe the difference in lifestyle of people earning 300k-1M per month is almost negligible so they would nt fall into three distinct groups In Kenya anyone netting over 50k I would consider middle class too, but you need to factor in lifestyle and education too our goals are best achieved indirectly
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Jamani		#25 Posted : Sunday, July 24, 2011 2:07:34 PM
Rank: Elder Joined: 9/12/2006 Posts: 1,554		[/quote] I believe the difference in lifestyle of people earning 300k-1M per month is almost negligible so they would nt fall into three distinct groups In Kenya anyone netting over 50k I would consider middle class too, but you need to factor in lifestyle and education too[/quote] Well mmmmh nice input though i differ 300K- 1M almost negligible? start with the likely locality of where they might stay, what they drive, which schools they take their kids etc then you will see the difference... 50k middle class, well okay lakini issh issh... i dont know maybe
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Genghis Khan		#26 Posted : Monday, July 25, 2011 3:07:02 PM
Rank: Member Joined: 8/5/2010 Posts: 335 Location: Nairobi		If one is 25 single with no kids earning 300k Another is 35 married with one preschool kid earning 300k Another is 45 with 3 primary school kids - 300k Another is 55 with 2kids in college and one in high school - 300k Another is 65 "no kids" retired, lives mashambani: rent/pension/biashara still 300k Some are "middle class" some are not... "I'd rather be lucky than clever... every time!" - ME "The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN "Space we can recover... time never!" - NAPOLEON BONAPARTE
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Jamani		#27 Posted : Monday, July 25, 2011 3:43:05 PM
Rank: Elder Joined: 9/12/2006 Posts: 1,554		Genghis Khan wrote: If one is 25 single with no kids earning 300k Another is 35 married with one preschool kid earning 300k Another is 45 with 3 primary school kids - 300k Another is 55 with 2kids in college and one in high school - 300k Another is 65 "no kids" retired, lives mashambani: rent/pension/biashara still 300k Some are "middle class" some are not... Different dimension and a nice approach to the discussion, you have a solid point
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For Sport		#28 Posted : Monday, July 25, 2011 6:18:13 PM
Rank: Veteran Joined: 12/23/2010 Posts: 1,229		Genghis Khan wrote: If one is 25 single with no kids earning 300k Another is 35 married with one preschool kid earning 300k Another is 45 with 3 primary school kids - 300k Another is 55 with 2kids in college and one in high school - 300k Another is 65 "no kids" retired, lives mashambani: rent/pension/biashara still 300k Some are "middle class" some are not... None of them is POOR - they all know where their next meal is coming from. None of them is RICH enough to buy a jet, football club and not feel a pinch. Solidly in the middle.
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erifloss		#29 Posted : Monday, July 25, 2011 6:24:54 PM
Rank: Member Joined: 6/21/2010 Posts: 514 Location: Nairobi		Spending & income go hand in hand for classification purposes. How would you classify: 1. A guy living in Ayani Kibera in his own house & has 10 rental houses @ 15k rent pm, takes his kids to Riara 2. A guy just across living in Hurlingham earning a salo of 150k net, living in a house where he pays 40k in rent pm, takes his kids to Riara & has investments worth 25m. 'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Genghis Khan		#30 Posted : Friday, August 05, 2011 11:48:20 AM
Rank: Member Joined: 8/5/2010 Posts: 335 Location: Nairobi		For Sport wrote: Genghis Khan wrote: If one is 25 single with no kids earning 300k Another is 35 married with one preschool kid earning 300k Another is 45 with 3 primary school kids - 300k Another is 55 with 2kids in college and one in high school - 300k Another is 65 "no kids" retired, lives mashambani: rent/pension/biashara still 300k Some are "middle class" some are not... None of them is POOR - they all know where their next meal is coming from. None of them is RICH enough to buy a jet, football club and not feel a pinch. Solidly in the middle. Standard of living is quite different. The 55yr old is paying maybe 1m in school fees annually. Plus a family of 5. He has to pay for a proper (3-4bdr) hse and one or two cars. The 25yr old has disposable income of 200k after tax & rent. He can also afford to take a 30yr mortgage. Maybe both are middle... but lower and upper "I'd rather be lucky than clever... every time!" - ME "The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN "Space we can recover... time never!" - NAPOLEON BONAPARTE
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