How the hell does a single person live on minimum wage? - Page 2 - GoFuckYourself.com

mikesinner · 06-29-2009, 12:24 AM

Quote:

Originally Posted by IllTestYourGirls

Min wage has kept them poor. Get rid of min wage and companies would start to compete for low waged workers. But as of right now its price fixed so no need to compete for workers so no need to pay them anything.

Get rid of minimum wage like you have in other countries and you will have people working for $3/hr

mikesinner · 06-29-2009, 12:27 AM

Quote:

Originally Posted by SilentKnight

Wait...isn't a percentage of earnings deducted from welfare payouts?

lol, no.. They give you money based on what you earn. If you earn to much you can't get it.

shimmy2 · 06-29-2009, 12:55 AM

Quote:

Originally Posted by Justin

how the hell does someone even live on $7/hr?

- stop driving and ride a bike everywhere. use public transit, and fly southwest
- work local 'events gigs' and 'adult gigs' on craigslist that pay same day when possible
- don't waste your time job hunting on in person. costs time, money, and health.
- get a big sack of rice for $25 and a rice cooker for $10. eat off it for 2 months
- get roommates or move in with family/friends
- join a gym for $1/day. shower, hot tub, and workout there. save on utilities/health ins.
- join a sperm bank and donate 3 times a week for compensation and free health checkups
- sell everything you own on ebay including your clothes, shoes, cars, and gadgets
- use your paypal and epass money to pay for as much as possible
- keep all your receipts. pay with cash. return everything that you are not using
- save some cash, buy some gear to film with, hire some chicks, and sell the footage

then 6 months later write some self-help books about how you made it

theking · 06-29-2009, 01:19 AM

Quote:

Originally Posted by Justin

7*40*4 = 1120

It's more like $900 a month if that after taxes.

There is a Federal minimum wage but minimum wage varies by state. In my state the minimum wage is $8.45 per hour. $8.45 x 8 hour day = $67.50 per day x 22 work days per month = $1487.20 per month. After witholdings it would be a little more than $1000.00 per month take home. If a person is a single mother of two she would end up paying zero in federal and state income tax so she would have a substanial tax return from those two entities and in addition about a $5000.00 earned income return from the federal government. Plus she would qualify for low income housing, a certain amount of food stamps, free day care for the kids, free preschool for the kids, and free medical for her and the kids.

Thus cash wise she would have approximately an $18,000 dollar per year take home income...low rent and the other benefits as outlined.

My sister has two children with one in preschool and she pays $1650 per month for day care and the preschool cost.l

quantum-x · 06-29-2009, 01:38 AM

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fallenmuffin · 06-29-2009, 01:52 AM

It's a very good question and something I think about a lot. Besides getting help from the state how could they possibly afford to live.

I spend roughly 2,500/mo and don't even have cable and rent a very small apartment. I don't go out a lot. Really bare minimum stuff. Though I did just buy a new 2009 car.. but payment is only 230/mo.

kane · 06-29-2009, 02:23 AM

Quote:

Originally Posted by BigRod

Yeah that is the problem right now, for a kid in school or a retiree with a pension minimum wage isn't that bad. The kids are getting help from mom & dad and the retiree is just there for the health insurance.

I spent the first couple working years of my life on minimum wage, lived with a bunch of people and ate KD daily. It certainly makes the spoils of business more enjoyable when you start at minimum wage!

Same here. My first real job in high school was minimum wage. I worked it most of my senior year and for about 6 months after I graduated. Then I got a better job. Didn't make much more than minimum, but a little more. I worked it for about 1.5 years then I got my first real job.

I saw on the news here the other day a company opened up and needed to hire 20 more people. They were offering $8 an hour and on the day they were taking applications they had 400 people show up. It was pretty wild. People with bachelors degrees willing to work in a warehouse.

I think if you are in real estate or any financial or banking stuff times are very tough right now.

kane · 06-29-2009, 02:27 AM

Quote:

Originally Posted by pocketkangaroo

There are parts of the country where you can live dirt cheap. Apartments for a couple hundred bucks and so on. Maybe cheaper if you get a few roommates and split the bills. If you know how to budget money right, you can eat for fairly cheap. I was dirt poor going through college and could find ways to eat well on $10/week. I also believe the person would qualify for Earned Income Credit. It's kind of like welfare for people who work.

I was able to get by making $13,000 a year my last two years of college (mind you that probably went a little bit farther 7 years ago). I had to take out loans for tuition but was able to pay my bills and eat for the most part. Shit would get real tight sometimes if my car broke down or something, but it's do-able. The problem is that people who make minimum wage want to live like they make much more. They want the nice cell phone, nice clothes, and cable TV. Cut out all the luxuries you have and it can be done.

for sure it really does depend on where you live. I saw a show a few months back where a guy and his wife were moving. They were living in the San Fransisco area and saw the average house was around 300K in their area. He was starting out just out of college making 42K a year. He got offered the same job in Austin, Texas making 37K a year, but the average home there only cost 120K so they were moving because even making 5K a year less they would have a lot more extra money and a better quality of life.

06-29-2009, 01:38 AM	#55
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06-29-2009, 01:52 AM	#56
fallenmuffin Confirmed User Industry Role: Join Date: Nov 2005 Posts: 8,170	It's a very good question and something I think about a lot. Besides getting help from the state how could they possibly afford to live. I spend roughly 2,500/mo and don't even have cable and rent a very small apartment. I don't go out a lot. Really bare minimum stuff. Though I did just buy a new 2009 car.. but payment is only 230/mo.