A review by douglasjsellers
The Two-Income Trap: Why Middle-Class Mothers and Fathers Are Going Broke by Elizabeth Warren, Amelia Warren Tyagi
3.0
Ultimate this book would have made a great blog post but makes a mediocre book.
Let me summarize. Two income families have become the norm. This has caused the price of everything, especially housing, child care and schools to skyrocket - causing families to have their fixed costs to now require both salaries. This has doubled the chance of one partner experiencing hardship sinking the whole enterprise. Lesson: talk through what would happen if you have to live on just one salary.
Let me summarize. Two income families have become the norm. This has caused the price of everything, especially housing, child care and schools to skyrocket - causing families to have their fixed costs to now require both salaries. This has doubled the chance of one partner experiencing hardship sinking the whole enterprise. Lesson: talk through what would happen if you have to live on just one salary.