5 Key Characteristics of the Lower Class, Do You Have Them?

Poverty remains a key focus for the Indonesian government, aligning with goals to reduce poverty rates and improve public economic conditions. President Prabowo Subianto stated that extreme poverty in Indonesia continues to decline and has now reached its lowest level. This was expressed in his speech at the World Economic Forum (WEF) in Davos, Switzerland. To classify societal economic levels, several indicators can be used. Citing GoBankingRates, there are five characteristics often associated with the lower-middle and lower classes: 1. Housing Housing is one of the largest expenses for a family. If you struggle to afford comfortable and safe housing in a decent neighbourhood, this could indicate that you belong to the lower-middle or lower class. 2. Employment Certain types of jobs are clearly categorised as white-collar or blue-collar, which automatically reflect a working-class or middle-class image. Jobs such as restaurant servers, truck drivers, retail employees, manufacturing workers, and cleaning services typically indicate a lower economic position. “You are considered middle class if you work in managerial or specialist roles,” said Nathan Brunner, CEO of Salarship. Conversely, if your job requires low skills or is temporary with low wages and few benefits, this generally places you in the lower social class status. However, professions like teachers, nurses, accountants, and IT workers can fall between working class and middle class, depending on seniority and certifications. Even prestigious white-collar careers can offer moderate salaries, placing workers in a middle-class life. 3. Savings and Investments Saving and investing are crucial financial buffers that offer opportunities to build long-term wealth. However, building such reserves is a luxury not always accessible to the lower class. This means that if you lack sufficient savings and a retirement plan, you are likely in the lower class. 4. Lifestyle Can you afford an annual holiday? Do you often eat out or buy new items without much worry? If so, these small pleasures require a foundation of financial security. Such activities indicate budgetary room for minor indulgences. If these feel burdensome due to financial constraints, it could be a sign that you are in the lower class. Of course, smart budgeting can help achieve these small pleasures. However, the ability to choose and the economic freedom to enjoy occasional spending more reflects the stability typically held by the middle class. 5. Education Do you have a bachelor’s degree? If yes, you are likely middle class. The highest level of education you have achieved is a good indicator of your position on the economic ladder. Systemic barriers often prevent lower-class individuals from accessing education. Higher education usually opens doors to better-paying jobs. But if university feels too expensive and you cannot pursue it, that could be a sign that you are in the lower class.