Thursday, March 14, 2013

cost of living

daily/monthly living expenses:

25 rent, electricity, gas, water, sewage, garbage (750)
 5 food (150)
 0 clothes (00)
 2 mandatory car insurance (60)
 x mandatory health insurance (xx)
 x mandatory misc. state license renewals/annual fees (xx)
 0 dental insurance (00)
 0 savings (00)
 0 pets (00)
 0 children (00)
 0 wife/girlfriend (00)
 5 (1.5 gal) gasoline (150)
---
37

minimum wage

... at 8.50 x 8 = 68 ... take home is what? 57?

... so after all day's work you are ahead $20 ... assuming you can stick to the outlined budget and live alone.

... and how far does $20 get you now days? ... a gallon of milk and a box of cookies nearby me is $9 ... while a six pack of beer and a pack of cigs will cost you $15.

... this economy is being held together by a $20 thread ... and falling ... mandatory health insurance begins jan 2014.
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don't get sick, don't break down, don't get injured, don't move, don't quit, don't make a mistake, don't forget, don't get old, don't make plans, don't ask why, don't miss work, don't fight it,  ... you cannot afford it.

you are poor.
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[update ]
mar 20, 2013

this analysis is wrong ... it assumes that the individual works 7 days per week ... whereas most people work 5 days per week ... and the new trend is towards 32 hour weeks ... with only part-time workers ... so as to avoid paying health insurance ...

... the individual earning minimum wage is already underwater.
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see also:

Identification and Proof of (Health) Insurance
http://adventuresofagreenhorn.blogspot.com/2013/03/identification-and-proof-of-health.html