Dev Raga Personal Finance

509 the two income trap: why earning more isn’t always better


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More income, more security...right? Not always. In this episode, Dev unpacks the "two-income trap," a concept made famous by Elizabeth Warren, and why earning more doesn’t always mean financial freedom. He touches on:


👉🏾 what the two-income trap is and why it matters

👉🏿 how rising fixed costs (housing, childcare) eat away at extra income

👉🏻 why dual-income households can still face financial stress

👉 whether staying home with kids should be considered "paid work"

👉🏼 practical ways to avoid falling into the two-income trap

👉🏽 plus, is it okay to borrow money to buy Christmas presents?


📝 Episode transcripts 


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Dev Raga Personal FinanceBy Dev Raga


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