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The Cardone Zone

161: Are You Middle Class?

The Cardone Zone

Grant Cardone

Business, Careers

4.84.1K Ratings

🗓️ 3 April 2015

⏱️ 35 minutes

🧾️ Download transcript

Summary

Are you middle class? And if so, why? My father fought to keep me in the middle class. My mother fought to keep me in the middle class. And I'm here to help get you out of the middle class.

There is a list of income levels separated by state, which define what the lower middle, median and upper middle class are considered.

Related Article: http://witnation.com/articles/finance/middle-class-income-chart/

How you've been misled:
• I have to get an education. Now you have loan debt and no job.
• I have to save every penny. And it's losing value versus prices going up.
• Don't take risk. And never grow.
• Fly under the radar. And never get noticed.

We just finished 7 straight days of filming Season 2 of Whatever It Takes: The Ultimate Job Interview. We had 416 people apply; 80 people came through the process—and everyone is thinking little. One challenge was to scoop ocean water into a bucket, and bring it to shore without spilling. And instead of filling the bucket and a little coming out, they only filled the buckets halfway—NO ONE CAME BACK WITH A FULL BUCKET.

"The middle class is a helmet of thinking that keeps you trapped." – GC

Don't believe everything you see on TV, read in a newspaper or read in a book.

Walt Disney busted out THREE TIMES. And no one will ever forget his name—ever. Even when we're in space, there will be Disney Parks.

Transcript

Click on a timestamp to play from that location

0:00.0

Career related. Get ready. Find the knowledge for your success. It's all here right now in the Cardone Zone.

0:30.0

Hello, hello, hello, Robert said to say for me to say to you, good morning. Good afternoon wherever you are whatever part of the world you are in. I am coming

0:55.4

to you from Miami Beach 3 3 1 4 1 the area code 305 865 8668 305 865 8668 are you middle class. Are you middle class and if so why my daddy my daddy went out and fought to get me in the middle class my mama fought to keep me in the middle class and I'm here to teach you how to get out of the middle class. That's right. I want to teach you how to get out of it.

1:25.3

Today Yahoo Yahoo writes an article how much do you have to earn to be considered middle class in every US state city. That's what it says anyway. How much do you have to earn. If you live in Maryland. Guess what the number is to be middle class you guys got any idea without looking at the list.

1:43.3

Yeah, median household income 72,000. You only miss by 37,000.

1:52.3

median household income to live in Maryland. 72,483. If you're at the lower end it's only 48,000 a year. Alaska give me a guess. What is the median household income in Alaska.

2:11.3

72,000. Okay, let me let the range of the range on Alaska is 48 to 144. Upper middle class is 144,000 dollars in Alaska.

2:29.3

I thought it was cheap in Alaska. See how little we know now how about this. Let me give you this one. Try Mississippi.

2:37.3

What is the range on the middle class in Mississippi. 25,000 is the lower bound. 37 is the median. 75,000 is the upper middle class in Mississippi. Now now that we covered the mediums the lower end and the higher end.

3:01.3

Are you middle class because let me tell you something. How much money you make or how much money you have will not determine whether you're middle class. It's how you think every day. It's how you think it's how you act. The middle class is based on ideas like I got to get an education.

3:16.3

It's a trap. It was a trap. It was a bunch of data that was dropped on you and you bought into the whole deal. I got to get an education. Look, I can show you at least 35 million people in this country that have an education can't get a job.

3:29.3

35 million people that have an education and can't get work. And another 35 million that got a job that they could have gotten without the education. I'm just telling you it's a trap.

3:40.3

The middle class is the way you think not just how much money you earn. I know people that make four and five hundred thousand a year and they think middle class. I need to save all my money. I got to save every penny. Man. I got to save every little penny sitting in a bank earning nothing. It's going down in value faster than the price of food is going up in value.

4:00.3

If you need some data, folks, there's a water shortage in California. Yeah, what does that have to do with you because the rich people don't get affected by the cost of avocados going up who gets affected when the price of water goes up.

4:15.3

Oh, by the way, you know, almonds, who eats almonds? Everybody eats almonds. Do you know where 99% of all almonds come from on this planet?

4:25.3

California, a 99% of all almonds eaten on planet earth come from the great state of California that doesn't have any water, dude.

4:38.3

So what happens? The water is going to get redirected from the farms that don't produce good stuff to the farms that produce avocados, almonds, etc.

4:51.3

Right now when that water gets redirected because the governor just came out and said, Hey, there's a water shortage, man. We got to stop who they're going to stop sending water to.

5:01.3

They're going to stop sending it to the people that don't pay for it because the avocado farmer is still going to pay for it because he makes money the almond farmer. He makes money.

5:11.3

Okay, now I'm telling you all this to tell you this, you got to get your shit together now. It's time to get game ready and stay it.

5:18.3

You need to keep your hustle on. I just finished doing a show here. Six days we shot seven days we shot. Okay, where 416 people applied for a job with me.

5:29.3

80 people came through a process and everybody's thinking middle class. Everybody's thinking little everybody's thinking, Hey, I got to carry my bags with me and I got to hold my stuff and I got to protect myself.

...

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