wages

The gap between minimum wage and living wage is a hot topic today.  

For this week, first take a look at the Living Wage Calculator (Links to an external site.)Links to an external site. offered by MIT.   Pull up the state and county where you currently reside.  

- What is the living wage vs. minimum wage for a family like yours in the county where you live?  

- Are there items listed in the "Typical Expenses" chart that you believe are unrealistic?   (For example, is it possible to pay a car note, fuel, and maintenance using the figure given for transportation?)

- Are there items listed in the "Typical Expenses" chart that you believe could be reduced?   (For example, is it possible to reduce housing expenses by having a roommate?)

Now, compare those expenses to the suggestions offered by Well Kept Wallet's article, How to Survive on Minimum Wage (Links to an external site.)Links to an external site. .

State Mississippi, Forrest Count. 2 adults, 2 children.

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