How much is the insurance/repairs/fuel and maintenance on two cars???
When My wife and I retired....the first thing we did was get rid of one vehicle, $2500 a year savings.
We have just recently bought the 2nd car at the end of 2011.
I told her we could not afford it. The car itself is a 2002 Accent, I payed 500$ for it
With both of us working, our singule car was the main cause for fights, and stress.
I called it. The Car Wars, Chuckls. my wife and I rarely fight,
But time sharing the car was the major subject of many heated discussion in the house.
I'd have gone on without 2 cars, but Its easy for me to say that, when I was always first priority for the car, Due to my work being top earnings.
Now that we have 2 car's I have a hard time wrapping my head around how we managed withought.
It makes things so much simpler.
There is some truth to what she says but I do wonder why anyone that is reasonably health would stay in a city barely making ends meet and whine about it when there are so many good paying jobs available in the resource industries. All you have to do is get your lazy butt to one of their job fairs. Many places are quite suitable for families. In fact families are encouraged to come as it creates a more stable work force.
Its not easy for some to even imaging losing there safety net of close loved ones. I've suggested many times to my wife we do that.
From the feedback I get, I think it would be a major strain on our family and marriage.
Anyways I'm trying hard not to whine about it to much, it still gets the better of me here and there like yesterday =)
I have no idea what the "two income trap" is. My wife and I appear to fall into that catagory but
If you watch the whole video, you'll understand that its mostly a Generation Y Phenomenon but not limited too.
Basically the idea is,
the Boomer feminist drive for equality and opportunity in the work force,
Has, today hyper inflated cost of living to a point that it is no longer a luxury, but a necessity,
to have 2 big earners in the family household.
If you have time to watch it all. It gives you a good idea of what many family's are dealing with today.
In a Way you could say, you created the trap without knowing.
And the next generations fell into it without knowing =)
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