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Today�s income is not keeping up with the high price of everyday necessities. In addition, the high prices of these necessities are contributing to family debt. This paper talks about how the high prices of everyday necessities contribute to family debt. �In the last five years, insurance premiums jumped 73 percent, but wages rose only 15 percent�Health coverage alone �is eating up about a quarter of the increase in workers' earnings,� (Clemmitt). In addition, the paper gives incentives on how to avoid debt and if a person is in debt gives suggestions on how to get out. |
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