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Today, with even two incomes, it's a challenge".
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Even with two incomes, they tightened their belts.
"Even with two incomes and no children, we were still living paycheck to paycheck," Nicolle told The Huffington Post.
He warns that "any nation, even one with incomes as high as America's, will find the basic character of its society at risk if it allows its citizens' living standards to stagnate".
The result is, that even with two income-earners, families are no longer able to save and they have incurred greater and greater debt.
So far, as a penny stock trading teacher, I've had the chance to work with more than 8,000 students - many of whom have gone on to make five, six or even seven figure incomes from trading.
This difficulty in buying a home--even with two incomes--is a major source of frustration among baby boomers, particularly since many of their parents were able to buy homes on just one income, many social scientists say.
"No one should be surprised, though, if Donald J. Trump has paid far less perhaps even zero federal income tax in some years," Stewart wrote.
And how can any two incomes that differ by even "a little" be equal?
Some people borrow six, seven or even eight times their income to buy a house, and it turns out to be a prudent decision.
I went from having two incomes to one, and I didn't even like my job anymore.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com