Despite economic troubles, you may be surprised to learn that, in a recent poll by the Pew Research Center, 53 percent of Americans describe themselves as middle class.

Many reported feeling stuck in their financial tracks; a majority of survey respondents said that in the past five years, they either haven't moved forward in life (25%) or have fallen backwards (31%).

And that may be true because while nearly eight-in-10 (79%) believe that it is more difficult now than five years ago for people in the middle class to maintain their standard of living, spending has not decreased. In fact, for the past two decades, middle-income Americans have been spending more and borrowing more.

Goran Jovanovic

YOUR World Class Realty Team

Direct: 954-243-7570

www.goranflorida.com