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In The Two-Income Trap: Why Middle-Class Parents Are Going Broke

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In Elizabeth Warren and Amelia Tyagi book "In The Two-Income Trap: Why Middle-Class Parents are Going Broke." , They show why the middle class is falling through the cracks. Warren and financial consultant Tyagi show that today's middle-class parents are progressively facing financial meltdowns, more and more middle families harder to provide for their families and bankruptcy laws are not protecting them. Warren and Tyagi, even with the mother going back to work has not helped families get ahead, in Fact, it has made families more vulnerable to financial disaster than ever before. "Today's two-income family earns 75% more money than its single-income counterpart of a generation ago but has 25% less discretionary income to cover living costs."

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