According to Elizabeth Warren and Amelia Warren Tyagi, coauthors of "The Two-Income Trap: Why Middle Class Mothers and Fathers Are Going Broke," the average two-income middle class family today earns 75 percent more than the typical single-income family did 30 years ago. But todays family, they say, ends up with less money for everyday living expenses and savings. Why? The costs of housing and a good education are killing them.
http://money.cnn.com/2003/09/11/commentary/everyday/sahadi/index.htm
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