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Reply to "What is meant by "dual income trap?""
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[quote=Anonymous][quote=Anonymous]"That said, yes, I do think when an "emergency" hits a dual income trap family--like a child or parent is really sick and needs constant care requiring someone to take extended leave or some other really bad thing--they have no financial or emotional cushion. Since no one is home on a regular basis whose "job" it is to deal with such things, I think it hits dual income trap people a bit more." I disagree. Because we both work full time, we have access to two networks of emergency backup care. We can both work at home occasionally. Why would two jobs mean we have no financial or emotional cushion? Because neither of us SAH, we both have the "job" to deal with such things, depending on who has the more flexible schedule that day. And we get paid to handle our personal lives since we can use leave ;-)[/quote] i don't think they are talking child sick in terms of staying home for a day with a cold, but more if one parent needed to be available on an almost full time basis because of a medical emergency or illness or special need. Sure if you have enough income you can hire someone to be with your child through all that however most parents would want to be with their child meaning one has to give up income, leaving them with one income and double income expenses. [/quote]
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