Displaying posts tagged with

“Dual Income Family”

Why It Takes Two Incomes Today

I’ve heard it for years:  ”It only took one income to live comfortably in the 50′s and 60′s.  Today, it takes two incomes just to get by.”  This comparison is used to prove claims of increasing inequalities in income and wealth.  It is used to bash employers for stagnant wage growth.  It is one justification [...]

Confronting Financial Reality: How To Create a Budget, Part 1

It is difficult to grasp your true financial situation until you create a budget.  Numbers on paper that reflect income and outgo present stark evidence of your financial reality.  A budget confronts you with the limitations of your financial situation. This is a difficult step for most people.  They will come up with all sorts [...]

Thoughts On Personal Finance For Those Who Plan To Marry

A successful marriage is one of the primary determinants of financial success.  Stay married and you are more likely to prosper.  Couples will talk about a lot of issues with respect to their future life together, but only about half of engaged couples talk about money before marriage.  Yet, disagreements over money are a leading [...]