Monday, October 21, 2013

Minimum Wage

Living on minimum wage is hard. You can barely get by paying you necessities. Let's say you work minimum wage at a McDonalds and you live in an apartment with two other roommates. Your parents kicked you out of their house because they can't support you forever. You make $777.20 a month after taxes and this is what you have to pay for:

Payments (per month)
Rent = $333
Gas = $100
Car Insurance = $30
Food = $50
Water = $10
Electricity = $30
Cell Phone Bill = $50
Health Care = $75
Internet = $13
Monthly Payment Total = $691

Money Left Over = $86

It's hard to live like that, and there will probably be other problems like car accidents, girlfriends, family gifts, kids, etc. There's thousands of people that live like that in the U.S. alone. Just be thankful if you don't have to live like this. It's brutal, but it's part of life.

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