Introduction
Humans are generally classified as poor or rich. People that want to break it down a little further will go for poor, middle class, and rich. Those classifications are all good, but I will break it down a little bit further in this article.
We will be classifying humans under a nine-level economic class model, starting from the least to the highest. Some parameters will influence the category a person can fall into, but I will explain more in the conclusion.
1.) Low grade lower class:
This is the poorest a human can be. People falling under this category often suffer extreme hunger. They can go without food for days (though they don’t do this by choice), and even for the time they do eat, they don’t know what they would eat the next day, or even something as close as the next eating shift. They can wear rags, live in external shading, or are cared for by organisations.
Earning range: less than 1 US dollars per day.
Feeding range: one lucky meal per day.
Clothing range: clothes picked from dust bins.
Housing range: gutters, under bridges, NGO camps, and so on.
Education range: usually none.
Examples: beggars living in poor countries, people at war, people under the care of organizations, etc,
2.) Middle grade lower class:
This kind of poverty is often caused by bad economy. This grade of people do eat, but don’t regularly go for balanced diets, they live in public yards, and wear a limited amount of clothing. Some of them do work, but are paid very little to make a difference.
Earning range: 2 to 5 dollars per day.
Feeding range: two to three lucky meals per day.
Clothing range: limited amount of self owned clothes.
Housing range: public yards.
Education range: primary to secondary school.
Examples: cleaners in poor countries, beggars in middle class countries, teachers in poor countries, people at war, etc.
3.) High grade lower class:
People falling under this category are usually poor people from developed countries. People under this category do manage some basic needs, but can go for basic wants like smart devices, recharge subscription. They have a tendency of living the lower class level at any time.
Earning range: 6 to 20 dollars per day.
Feeding range: three meals a day. Some balanced, some not balanced.
Clothing range: not too many, but sufficient amount of clothes to run different activities.
Housing range: rentable flats, personal bungalows.
Education range: secondary school to university level.
Examples: teachers in not too poor countries, beggars in rich countries, manual labourers, etc.
4.) Low grade middle class:
People falling under this category can’t certainly be classified as poor. They can have reputable jobs, but might fall into this category because they live in countries with bad governance. They can easily afford basic needs, baic wants, and some not too basic wants.
Earning range: 21 to 50 dollars per day.
Feeding range: three balanced meals a day, except by choice.
Clothing range: enough amount of clothes, though changing regularly might be a problem.
Housing range: rentable flats, personal bungalows, etc.
Education range: secondary school to university level, except by choice.
Examples: teachers in middle class countries, people just starting their business, pensioners, bankers in poor countries, etc.
5.) Middle grade middle class:
These people are considered middle class people irrespective of the country they live in. They can easily provide for themselves and their families. Feeding, clothing, housing, subscription, is never a problem.
Earning range: 51 to 300 dollars per day.
Feeding range: three or more balanced meals per day, except by choice. Snacks whenever wanted. Could visit basic restaurants multiple times a month.
Clothing range: more than enough clothes which can be changed yearly.
Housing range: rentable flats depending on the country, personal bungalows, rentable duplex, personal duplex.
Education range: masters degree except by choice.
Examples: teachers in rich countries, bankers in middle class countries, managers of small companies, upcoming actors or actresses or musicians or bloggers in poor and/or middle class countries, etc.
6.) High grade middle class:
These people can easily be considered rich in poor or middle class countries. They could easily acquire properties, save for the future, invest in multiple earning platforms, and accumulate a net worth. Reaching this level isn’t easy unless born so.
Earning range: 301 to 2,739 dollars per day.
Feeding range: three or more balanced meals per day, except by choice. Snacks whenever wanted. Expensive restaurants can be visited multiple times a month.
Clothing range: more than enough clothes which can be changed monthly. Popular brands of clothes like Gucci, Louis Vuitton, Adidas, Nike, and so on can be afforded.
Housing range: personal bungalows, rentable duplex depending on country, personal duplex.
Education range: can easily become a professor unless by choice.
Examples: mangers of middle class companies, professors in developed countries, successful crypto traders, popular actors or actresses or musicians or bloggers in poor countries, etc.
7.) Low grade upper class:
In as much as I don’t like saying, to be rich, you have be able to show it in whichever country you live in irrespective of their currency conversion rate to yours. It’s very simple, if you can’t earn up to a million dollars per year, you aren’t rich except if you live in countries with a lot of poor people to make you think so. Everything is easily available to you except things sold by auction, or specifically made for the rich.
Earning range: 2,740 to 10,000 dollars per day.
Feeding range: three or more balanced meals per day, except by choice. Snacks whenever wanted. Expensive restaurants can be visited multiple times a week.
Clothing range: more than enough clothes which can be changed weekly. Popular brands of clothes like Gucci, Louis Vuitton, Adidas, Nike, and so on can be easily afforded.
Housing range: personal duplex, rentable estates.
Education range: can easily become a professor unless by choice.
Examples: managers of large companies, share holders in middle class businesses, upcoming actors or actresses or musicians or bloggers in rich countries, etc.
8.) Middle grade upper class:
If you fall under this range, then you must own a significant source of income or be known for something. These people could easily afford extravagant wants like Ferrari, Lamborghini, Yatch, and so on.
Earning range: 10,001 to 50,000 dollars per day.
Feeding range: three or more balanced meals per day, except by choice. Snacks whenever wanted. Expensive restaurants can be visited multiple times a day.
Clothing range: more than enough clothes which can be changed daily. Popular brands of clothes like Gucci, Louis Vuitton, Adidas, Nike, and so on can be easily afforded.
Housing range: personal duplex, rentable estates, personal estates.
Education range: can easily become a professor unless by choice.
Examples: small share holders of popular companies, actors or actresses or musicians or bloggers in rich countries, politicians, etc.
9.) High grade upper class:
To be in this category, you have to be earning over 19 million dollars per year. This category might even be able to be divided as they are people that earn more than that a day.
Earning range: over 50,000 dollars per day.
Feeding range: three or more balanced meals per day, except by choice. Snacks whenever wanted. Expensive restaurants can be visited multiple times a day.
Clothing range: more than enough clothes which can be changed daily. Popular brands of clothes like Gucci, Louis Vuitton, Adidas, Nike, and so on can be easily afforded.
Housing range: personal estates.
Education range: can easily become a professor unless by choice.
Examples: actors or actresses or musicians or bloggers in rich countries, politicians, major share holders in popular companies, crypto creators, etc.
Conclusion
This article was written based only on a person’s income and/or wealth, and not according to popularity, political status, belonging to a royal family, and so on.
The major factors that can influence a person’s economic class are: country of residence, educational status (in some countries), position in work place, investments, and so on.
According to Wikipedia, the upper class citizens constitute nearly 87% of the whole society’s wealth. Not very questionable as the net worth of the ten richest men in the world is worth over 1 trillion US dollars, much more than most peoples’ spendings, earnings, money accumulated since they were born, money used since they were born, even if they are calculated individually and summed up together.
The middle class citizens constitute nearly 12% of the whole society’s wealth. You would see that the lower class citizens just constitute below 2% of the whole society’s wealth.