Everybody else is doing it, so they have more disposable income

Sign up, and you can make all message times appear in your timezone. Sign up

Report problem with this ad

Sep 27, 2024
3:29:48am

Y05 All-American

Everybody else is doing it, so they have more disposable income

which drives the price of goods and services up. There's no "one income household discount," so you either go to school for one of the top paying professions, live the most frugal lifestyle possible as just a one income household, or add another income stream to the household.

Report problem with this ad

Y05

Previous username: Yz1
Bio page: Y05
Joined: Feb 16, 2010
Last login: Sep 27, 2024
Total posts: 21,858 (556 FO)

Report problem with this ad

Messages

Author

Time

What do you think the main cause for both parents needing to work today is?

conetah

12:12am

Cost of goods, services, living, are high and a one middle class income can't cover it.

TANK

12:17am

Exponential rises in the cost of healthcare, housing, food, insurance.

rad dawg

12:18am

All of the above plus a need/desire for excess.

mulletino

12:20am

Higher standard of living, and lower wages

Jericho

12:32am

Two household incomes becoming the norm many years ago, which created more

CougFan4EverEver

12:36am

“Unintended”

BaseCoug

12:49am

Agreed

conetah

3:50am

Yep, now schools and media control the agenda for kids instead of string nuclear

palangi

5:35am

This is a big part of the answer. A 2-income household in a world of 1-income

delbert

2:18am

All other answers are correct, but I’d ad that at least in America, middle class

gwalker

12:39am

As middle class you bought your home before this exponential inflation because

palangi

5:40am

It's funny because I hear some of my younger coworkers complain all the time

cougarfan84

6:34am

Yeah, they’re not middle class, they’re just financially stupid

palangi

7:04am

In 1980 the US was in the middle of one of the worst inflationary periods ever

bythenumbers

7:14am

We never had cable TV, cell phones, Internet. Our TV was 27”. Vacations where we

BYU'01

7:18am

The most important holiday in America used to be Christmas, and we didn't have

Shihan

12:49am

Greed. All around

BaseCoug

12:52am

FOMO

Dr MoBYU

12:55am

Middle class w 1 working parent is dying.

VenomFarmer

1:57am

Need?

MormonThug

2:55am

How low could your income be and your wife still be able to stay at home? $80k? $60k? $50k?

KingDave

3:05am

You're asking the wrong crowd. Did you forget? Everyone on CB is north of $500K

Y05

3:43am

Well, in our family’s case….

Yukon

3:09am

We've always been and continue to be a single-income home.

jdub

6:22am

Man I had a beautifully crafted explanation I typed up but it didn’t save haha

conetah

3:18am

Reattempt: I’ll try to summarize.

conetah

3:46am

Primary worker income earnings is insufficient.

Recipefordisaster

3:18am

Everybody else is doing it, so they have more disposable income

Y05

3:29am

When everyone does the extra credit, it's no longer extra credit

Dataguy

3:33am

As # of dual-income families increase, so does the cost of living & real estate.

cougfrvr

4:31am

People like stuff. I used to do home health. Met a lot of people that raised 5

Squirt

4:32am

I bet you have a lot of stories you could share!

5:32am

Need/want confusion. I agree with a lot of what has been written here

4:51am

The rise of too many other dual-income homes

Gustav

4:53am

An unfortunately ironic result of feminism

Gustav

4:55am

I think we are needier now. We think we need everything. We go to more

boctabulous

6:10am

lol. Survival. Especially if you live in California.

Idacoug

6:15am

My wife works because she enjoys it and it helps her keep her sanity.

supertux

6:29am

This is exactly my wife’s perspective as well.

RootieBoy

6:51am

Feminism and materialism

CaliforniaCougar22

6:41am

My wife is working to basically pay off student loans.

Future_Tacos

6:43am

Interestingly, I read a book called "The Two Income Trap"

Courtimedes

6:54am

I think that if costs dropped drastically then that would just mean we would all

boctabulous

6:54am

Materialism

ballen

7:10am

The original cause was materialism and necessity, but now it’s leaning heavy

palangi

7:15am

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad