Young couples often need financial help. But when should they start going it alone?
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Our community is in a bit of a quandary.
We marry our children off young when many of them haven’t yet finished training for a profession. We want our young men to learn Torah for as long as possible. Our married children start families at the same time we’re finishing putting our younger kids through yeshivah and while we’re still trying to marry off the others. On top of that we want to retire at a reasonable age and not be dependent on our children for support.
All that’s a pretty tricky juggling act especially today when the costs of housing health care and education have skyrocketed and left the middle class gasping for breath.
“Salaries aren’t keeping pace; even professionals are taking home much less money than they used to” points out Dr. Yisrael Feuerman a psychologist specializing in money issues. A recent Atlantic cover story “The Secret Shame of the Middle Class” (May 2016) claims that nearly half of Americans are so squeezed they’d have trouble scaring up an extra $400 in a crisis.
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