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Reddit mentions of The Two-Income Trap: Why Middle-Class Parents Are (Still) Going Broke
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We found 2 Reddit mentions of The Two-Income Trap: Why Middle-Class Parents Are (Still) Going Broke. Here are the top ones.
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Release date | April 2016 |
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"The people who consistently rank in the worst financial trouble are united by one surprising characteristic. They are parents with children at home. Having a child is now the single best predictor that a woman will end up in financial collapse.
"Consider a few facts. Our study showed that married couples with children are more than twice as likely to file for bankruptcy as their childless counterparts. A divorced woman raising a youngster is nearly three times more likely to file for bankruptcy than her single friend who never had children. "
--The Two-Income Trap: Why Middle-Class Mothers and Fathers Are Going Broke by Elisabeth Warren and Amelia Warren Tyagi