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Coping with Falling Incomes • How do families cope with falling incomes?
Coping with Falling Incomes - Second income- house wives go to work - 2nd and 3rd jobs - Overtime - Teenagers work more hours - People retire later - People pick up jobs after retirement
Coping with Falling Incomes - Have fewer children - Obtain higher education and training - Shop at discount stores - Use up savings - Go into debt