Living the life of an Orthodox Jew in the 21st Century often necessitates a very significant income. Unfortunately, many are struggling to keep up.
The Problem Is Bigger Than We Realize
The cost of life for an Orthodox family with children can range from $150,000 to $350,000 or more, depending on city and schools of choice, lifestyle choices and number of children.
The median income in America is $68,000 per family.
This means that a family would potentially need to be in the top 5% of all income earners in the United States simply to get by!
Solving this challenge begins with an open dialogue to create awareness and education and allowing for impactful feedback and interaction.
Kosher Money aims to be a pivotal piece in creating this much-needed conversation.
Eli Langer was the former CNBC Social Media Producer and is currently the CEO of Harvesting Media. Each week, Eli sits down with experts to discuss various topics.
This is an original podcast by Living Lchaim and its partnered-sponsor is Living Smarter Jewish.