Middle-income families hit hard by inflation, interest rates could sink the economy

Hasan Shahzad and Saba Kazmi are a typical, middle-class family. They have two daughters, Reeha and Mahira. (ABC News: John Gunn)

Until recently, a two-income family with a couple of children could generally get by without too much financial pressure.

However, rising interest rates and inflation are taking their toll.