The Two-Income Trap by Elizabeth Warren

"The Two-Income Trap" by Elizabeth Warren examines how middle-class families with two incomes often face increasing financial strain due to rising housing, childcare, and education costs. Despite earning more, these families can become overextended, relying on debt to cover expenses. This cycle makes it difficult to build savings and can lead to financial instability or foreclosure if income drops. Warren highlights how societal and economic factors have shifted the landscape, making it harder for families to maintain financial security, and calls for policies to address these systemic challenges.