Elizabeth Warren & Amelia Warren Tyagi
The Two-Income Trap: Why Middle-Income Parents Are Going Broke
The publisher of The Two-Income Trap describes it as a "revolutionary exposé" that reveals that two-income families earn more than single-income families did a generation ago --but have less discretionary income to pay their bills. The critically acclaimed book also explains how middle-class parents are increasingly trapped by financial meltdowns beyond their control. Rutgers School of Law-Newark alumna Elizabeth Warren ('76) and her daughter Amelia suggest some solutions, such as new bank regulations and subsidized day care.
Also by the authors: All Your Worth: The Ultimate Lifetime Money Plan