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
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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.
As stated in our text, various factors can bind married couples together, such as economic interdependencies, legal, social and moral constraints, relationship, and amongst other things. In the recent years some of these factors have diminished their strengths. The modern generation sees marriage in a different perspective altogether. Individuals today feel they are stable independently, they do not need to rely on their spouse for emotional or financial support. Many are career driven and soar to conquer their dreams over settling down with a family. Such untraditional views have increased divorce rates.
Family and society have come across many changes during our history. Every change that occurred has affected what many people would call the "Benchmark Family" (Scanzoni #7). This is considered the perfect family or the norm. The Family would consist of the husband that is the breadwinner and the wife who is responsible for raising the children, and taking care of the home (Scanzoni #4). Society has changed dramatically from the 19th century. These changes in turn have affected Family. Many factors through the years have been responsible for these changes. Feminism is a tremendous factor that is still having its effect on family and society today. Another factor is employment. Women in the workplace have changed family structure
Both men and women hope to be parents someday, and both recognize the importance of working and parenting. While some are confident leaving their children with a nanny for extended periods of time, most students portrayed a desire to be financially stable and have time to cultivate memories with their family. They then went on to say that both parents would have to work at least part-time in order to make such a family dynamic work for the benefit of
Nowadays, the middle class is shrinking, while majority of people are either moving into the lower or upper classes. This is due to the major economic and policy changes that have occurred throughout the past thirty years. Based on the Basic Economy Security Tables, one in four full-time working-age adults are not earning enough income to meet economic needs for themselves or their families. This is a serious problem in America today, the fact that the median income today is six hundred dollars less than it was in 1989 is proof of this epidemic. It is much harder now, than ever, to work your way into the middle class, much less stay there. The percentage income growth since 1967 for the top 5 percent of earners is 88%, top 20 percent of earners grew 70%, and middle-income households only grew 20%. (Camp) In simpler terms, the upper classes income has increased tremendously, while middle-income households have seen very little growth in their income. Since the middle class is not receiving any income growth, it is declining and moving towards the lower class. It is not nearly as easy as it was thirty years ago to get a decent job and make
Possibly higher disposable income relative to others due to higher-earning jobs and full time availability
Although most people in the United States of America do not live in an upper-class household, this term is often correlated with income, wealth, power, and prestige. In fact, “approximately one percent of the U.S. population is considered to fall in this stratum” (2017 p.260). Nevertheless, the middle class are the rulers of the United States of America. Per Conley, the middle class is “a term commonly used to describe those individuals with nonmanual jobs that pay significantly more than the poverty line – though this is a highly debated and expansive category, particularly in the United States of America, where broad swathes of the population consider themselves middle class” (2017 p.262). In particular, the middle class is often correlated with white-collar workers, such as accountants, teachers, and attorneys. An abundant number of families in the United States of America are considered to be “poor.” In accordance with Conley, “in 2015, the poverty line for a family of four was $24,250” (2017
Designed as a more in-depth view than the information gathered from the survey, I met with twenty married couples to discuss their lives as Double Income No Kids. These conversations provided a more intimate glance at the choices these couples were making and why.
Marriage a long-standing fundamental to functional society. Marriage is a perspective of what used to be socially the beginning of a nuclear family. A nuclear family consisting of a father, mother, and children. In the twentieth century it was considered proper in society to be married before having children. However, this is no longer the case in modern United States. What aspects are there that make our generation susceptible to cohabitation instead of marriage?
Family is one of the oldest institutions in human history with a universal and basic role in all societies, and studying the structure of family in different cultures will help us further understand its functions and effects on society. During the 20th century, the common family type in America was the “nuclear family”, two married heterosexual people living with their children (Coontz, 2006). Due to many influential changes, the concept of family has been redefined and it now includes a variety of living arrangements. Feminism has been one of the successful social movements, and has promoted alternative types of the American family. The movement has different priorities in each society, and in the United States one of the issues is the “gender pay gap”. Gender pay gap is defined as the average difference between men’s and women’s aggregate hourly earnings (European Commission, 2014). According to the U.S. Department of Labor, in 2014 the median weekly earnings for workers with at least a bachelor’s degree was $336 lower in women than men, and for workers with advanced degrees was $445 lower in women than men (Bureau of Labor Statistics, 2015). This average difference of $17,000 to $24,000 a year is one of the contributors to the “gender pay gap” issue. The importance of financial security is a well-known fact that women in America began embracing it after World War II; many women decided to postpone marriage in order to focus on their education and career
Both men and women learn how to balance their lives with family and work and sometimes they frustrated to manage balance because their kids and paying bills. The article explain the point about both men and women still cannot have it all because both genders have life to do their own work and family. Richard states “Men in dual-income couples work outside the home eleven more hours a week than their working wives or partners do…” (Dorment 701).
Of this group, about 1/3rd belongs to the upper-middle class. The annual income of person belonging to this group is $70-$75,000. The jobs that the typical upper-middle class person holds would have a prestige rating of 65 or higher. 2/3rd?s of the middle-class population is the lower-middle class. White-collared individuals make up the majority of this class, earning anywhere from $30,000 to $60,000 a year. Lower-middle class Americans have a set standard of priorities. They take pride in the fact that they are financially stable, and promote hard work, and press on education. Without education, the members feel that they would not be where they are economically, and preach the importance to their children so that they, too, can live a lifestyle very similar to that of theirs (Norton).
The American family is shaped by the economic stratification of society and the opportunities afforded to each social class. Lareau and Cherlin discussed that the typical family encounters economic inequality that overtly affects individuals within households. Lareau has successfully conducted research and illustrated that different experiences vary among the middle class and lower class families by observing the daily life of children. The economy of the United States provides privilege for middle class families and constrains resources for those in the working-lower class.
With or without the existence of this challenge, women have been gaining a steady foothold in the workplace. In fact, in America it has become a natural cultural trend for there to be dual incomes within the family and many families could not live the lifestyle that they do without the female’s contributing income to the family. This is the new norm in our local society. The new roadblock that we face now is when it comes to a single-income family in which the breadwinner is the female. So now the question becomes, why? Why is this idea so difficult for us to accept? Stay at home dads, aka; Mr. Mom’s, are becoming more and more a trend of today. Some of the factors that go into a decision like this are things like benefits, childcare, and which earner has the
An earlier generation of scholars assumed that wives' employment and income are risk factors for divorce. More recent evidence, however, is mixed about the strength and even the direction of this association (Rogers, 2004; Sayer & Bianchi, 2000; Schoen, Rogers, & Amato, 2006). On the basis of research from the last decade, several conclusions seem likely. First, wives' employment has the potential to generate tension between spouses over the household division of labor. Frisco and Williams (2003) found that perceived unfairness in the division of household labor was associated with decreased marital happiness among spouses and an increased likelihood of divorce. Similarly, Amato, Booth, Johnson, and Rogers (2007) found that wives' hours of employment tended to increase spouses' perceptions of marital problems. The authors also found, however, that wives' earned income improved other dimensions of marital quality
Mothers are very passionate about their choice to work or stay at home with their children. This is a heated debate about what is best for children and who is the better mother. Just in the last generation more mothers are choosing to work, which is also sparking some conflict in families where grandparents felt it was important to stay at home with their children. This paper compares and contrasts both sides of working and being a stay at home mother. While there is no right or wrong answer to the work and family dilemma, it’s important to understand both sides.