Jess Mazour: Live the Wage
Jess MazourLast week I took the #RaiseTheWage challenge – live on $77 for 7 days to cover food, gas and other expenses. This is the amount of money a minimum wage earner has left each after covering housing expenses.Here’s what I spent during the challenge:$15.02 - gas$7.00 - lunch$30.34 – groceries$4.21 – birthday present$14.76 – toilet paper, deodorant, shampoo, conditioner $5.67 – amount leftover at the end of the week. I repeat $5.67. That means if an unexpected expense popped up I would have $5.67 to take care of it or go in the hole. What if I got sick? What if my car broke down? What if my heater stopped working? During my challenge I didn’t even consider my car payment, student loans, car insurance, credit cards, health insurance or tv/internet.A person who works 40 hours/week on minimum wage lives below the poverty level and that ain’t right.With only $5.67 left each week, here’s how long it would take me to save for some irregular but important costs:Oil change ($30) – 5.3 weeksChristmas presents ($35) – 6.2 weeksCar registration ($200) – 35.3 weeksDoctor ($20) – 3.5 weeksDown-payment on a house ($15,000) – 2645.5 weeks (almost 51 years)This challenge showed me living on minimum wage is nearly impossible – especially if you’re family consists of more than 1 person like many if not most of the minimum wage earners.It was stressful because I was constantly thinking about how I make my budget work for the week. It was embarrassing because I had to tell people that I couldn’t do something because I didn’t have enough money. It made me want to fight as hard as I can to raise the minimum wage.We need to keep this issue up front and center so let’s keep this challenge going. I challenge Leslie Marrs, Misti Craig and Hazel Zimmerman to take the challenge and blog about their experience.