Wednesday, June 24, 2015

Money Crashers: Living on Minimum Wage - Is It Possible?

My latest Money Crashers article covers the Live the Wage Challenge, which I took last summer. In the article, I compare my experience taking the challenge with the experiences of the various politicians and other bloggers who tried it (spoiler alert: I made it through the week on minimum wage, but most others didn't). I also discuss the various flaws in the challenge that I identified while taking it, and I link to the New York Times interactive calculator that I think is a much better tool for figuring out how well you could manage on minimum wage.

Here's the full article: Living on Minimum Wage - Is It Possible? (Live the Wage Challenge)

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