Julia Danson: 30 Days on Minimum Wage
1. Alex and Morgan did a
fairy good job budgeting. Going into the thirty days, they set expectations on
how much they would spend on an apartment, furniture, food, etc. Both of them
found jobs within the first week, and made it a priority to have an income.
Although, they did not account any money to pay for potential emergencies. Both
Alex and Morgan were required to visit the emergency room to help out with
their health. Keeping an emergency fund is extremely important. Going to the
emergency room twice, spent almost all of their money from an entire week.
Minimum wage is extremely low, so keeping this fund is not easy, but there
needs to be some way to be prepared if something happens. Also, if they were
able to have health insurance then this would help them be prepared. With the
Affordable Care Act, it is much cheaper to get insurance. Alex and Morgan also
did not budget to have any fun. They signed up to work all day everyday, and
then go home and do nothing. This lifestyle limits them from having any fun,
and without free time their stress levels will go up.
8. The technical definition
of the working poor is a person that is below the poverty line for 27 weeks.
They must either be working or looking for work. Although, with the low minimum
wage, the working poor are still working insane hours to even make a fraction
of the income needed to survive. In the movie Gerald and the driver are both
considered the working poor because they are working at lower than minimum
wage. In order to help the working poor it is vital to raise minimum wage like
Ted Kennedy suggested. As time has gone by the middle class is shrinking, and
the number of people in the working poor is growing. Something needs to be
done.
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