First-world problems are a frequent source of discussion here, and today’s post on dual high-income couples is no exception.
There are lots of differences that a dual high-earner couple faces in comparison to a single doc, a single earner couple, and a couple with one high earner and one low earner.
That debt burden alone prevents many couples, who would prefer to have one of them stay home with the kids, from doing so.
Luckily, that bigger hole is typically matched by having a bigger shovel. Dual income couples can throw gobs of money at student loans every month.
Like any other couple living together, you might get to save almost half of the living expenses!
Child care is particularly expensive, and high earners lose out on the tax benefits of paying for it.
While for many people there is a marriage tax bonus when you get married, most dual-high income couples that get married face a marriage tax penalty.