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economy1Have you read the book, The Two Income Trap: Why Middle-Class Mothers and Fathers Are Going Broke by Elizabeth Warren? Warren, a Harvard law professor, reveals how families lived in the 1970’s, in comparison to how they are living now. The results will shock some and surprise others including the revelation that many believe that they are spending more on luxury items in this decade, whereas the study shows that double income families of today are spending more on necessities such as health care, education and other essential items  The danger of losing it all becomes more apparent as Warren explains that in the past, should the breadwinner fall ill or be laid off from work, the other parent could pick up the slack and help out the family, whereas currently households are reliant on both incomes and still not making ends meet in many cases.

The current economic situation is a reminder to practice introspection and self-observation regarding lifestyle choices as well as evaluating the costs of living expenses.  Elizabeth Warren’s book provides credible and informative facts including the need for universal changes such as the public school system and with credit companies.  In addition, the book offers straight forward talking points providing families with information to consider making financial changes of their own.

A You Tube video is available featuring Elizabeth Warren as she speaks on this topic here:

What are your thoughts about the economy and what’s occuring at a national, state and your home town level?  Have you found a creative way to manage during this time?  Has the economic situation reminded you of the pleasures of the simple things in life and the importance of family and time spent with friends?  Will you change the way you live?  Drop us a line and let us know your thoughts about the economy…

About the Author

Kala Ambrose is "Your Travel Guide to the Other Side". As an award winning author, national columnist, inspirational speaker, and host of the Explore Your Spirit with Kala Show, Kala Ambrose's teachings are described as discerning, empowering and inspiring. Whether she’s speaking with world-renowned experts on the Explore Your Spirit with Kala Show, writing about empowering lifestyle choices or teaching to groups around the country, fans around the world tune in daily for her inspirational musings and lively thought-provoking conversations. A highly interactive teacher on a mission to educate, entertain and inspire, Kala teaches and writes about ancient wisdom teachings and how their techniques can be used in modern day living. Her books, The Awakened Aura: Experiencing the Evolution of Your Energy Body and 9 Life Altering Lessons: Secrets of the Mystery Schools Unveiled both cover these topics. In addition, Kala shares her love of history, travel and the spirit world in her books Spirits of New Orleans and Ghosthunting North Carolina. Her books are designed to explore the history of cities in an entertaining manner while sharing haunted stories and offering travel tips on how to best see the cities to shop, dine, stay, and visit the haunted sites. Kala writes for the Huffington Post, the Examiner, AOL, Yahoo and Fate Magazine and presents workshops nationally on the Mind/Body/Spirit connection including Auras and Energy Fields, Developing Entrepreneur Intuition, Haunted History, and Wisdom Teachings at the Omega Institute, John Edward Presents Infinite Quest, Edgar Cayce's ARE, the Learning Annex, LilyDale Assembly, Daily Om and her school, the Academy of Mystical Arts & Spiritual Sciences.

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