While the wealth of each of our families was very different, we both grew up during a time when most families could live comfortably on what they took home after working a 40-hour-a-week job. In those days, a middle-class salary could cover a household’s needs. And the company boss didn’t make that much more than the people who worked for them.
Today, the paycheck from the same middle-class jobs that supported a family when we were growing up can barely make ends meet.