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Essay on Productivity of the Dual Earner Family

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Productivity of the Dual Earner Family

As we enter the 21st century with all its challenges and opportunities, the idea of the traditional family has changed. Now, the dual-earner family, with husband and wife each maintaining separate careers and contributing to the financial success of the household, has become commonplace.
The economic commitments and expectations of today's world often require two incomes to meet the overall expenses of the family. The biggest questions are often, "How will we plan for our own retirement, save for our children's education, and perhaps help our older parents deal with some of their financial burdens?" Advantages and disadvantages of a dual-earning family
Disadvantages include the risk of …show more content…

Don't bring work problems home or talk obsessively about work when you are at home.

Dual-earner diversity
What is the typical middle-class household? Not long ago, it was a husband who held a job, a wife who kept house, and children who came straight home from school. But 25 years of economic upheaval have changed things. Today, it takes two paychecks to keep up with a mortgage, car payments, and the other trappings of middle-class life.
What's often overlooked is that two earners no longer guarantee a household's middle-class status. A household's total income depends on the income of each earner, and income levels depend largely on how well-educated the earners are. The income advantage of a college education is doubled when two well-educated people live together. When two less-educated workers join forces, the financial boost they get may only keep them from falling further behind.
Education levels determine the ways married couples talk, use media, and make consumer decisions. College- and university educated couples are more likely than other couples to say that their big-ticket purchases are joint decisions, for example. Yet they are less likely to share the decision-making when buying food, perhaps because they are more pressed for time
Couples with fewer than two earners are scattered throughout all educational segments, but they are concentrated in a few demographic categories.

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