There is a problem that comes when you're not really poor, but you're not at all rich. You're in that middle bracket. I'd imagine this is the 40%? The graphs all seem to indicate forty percent of people are poor. Forty percent are what might pass as middle class, and then about twenty percent move up into the upper bracket. So let's say you're reading this and you're not poverty stricken. You also aren't currently wiping your bottom with the tears of the fallen. You make a decent wage. You pay your taxes. You pay your bills. You buy yourself fun this month, and then suddenly you have no money.
Where did it all go? You just got paid, and it felt great. And then suddenly there's nothing left. It's only one week after your "me" paycheck. You know the one. One of your paychecks is the rent. And one of your paychecks is the check that has your me money. You wait four weeks every month for that Friday. Then it comes and you promise yourself you're not going to spend it this time. Maybe you actually do put some in savings. Either way, one week later you look in the bank and realize that one of your bills hadn't gone through on time. You miscalculated exactly how much those last two items actually add up to.
Now you're broke. For three weeks. This is a first world problem, to be sure. But it's serious. It's mentally debilitating. Now you're scraping by for food, because you didn't plan it right. You can't go out and live the fun life that all humans want to live. You can't even hang out with your friends, because if all they do is go to the bar, you've only got a little bit for the rest of the week, and if you have to buy one round, you're fucked. Even if you have to buy two drinks for yourself that's like two whole lunches you could have bought.
Now suddenly you feel like some sort of social pariah. No, I can't hang out. Sorry, guys, I wish I could. I'll just stay home tonight.
But actually... You have savings. Actually, you have some cash stashed away. Actually, all your bills are paid, and there's tons of food in the pantry. Actually, all your friends would buy you a drink if you just asked. But it doesn't feel that way. You feel broke. In a couple ways that matter in the moment you are in fact cash depleted. But you're not poor. You're just rich broke.