The article makes it clear that $15 is low only when compared to formerly high wages, she's talking about taking a massive pay cut for some reason.
Say, you're paying your mortgage, and car payments, and all of a sudden you find yourself jobless. Even if you can earn a full 40 hour work week at min wage, the $600 might not cover all your outgoings.
This says more about committing to debts you can't long-term manage than anything else, particularly during a recession where people are getting pay cuts and job losses all over the place.
From the perspective of someone who spent the last 7 years living on ~10,000 a year, 600 a week is plenty. But that also assumes that you can find a full work week somewhere. If you're working service industry you may well only be able to get 2-3 shifts a week, and if you have ot pick up a second job then the tax rate is the full 33% penalty for not finding a job that pays enough/gives enough hours.
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Say, you're paying your mortgage, and car payments, and all of a sudden you find yourself jobless. Even if you can earn a full 40 hour work week at min wage, the $600 might not cover all your outgoings.
This says more about committing to debts you can't long-term manage than anything else, particularly during a recession where people are getting pay cuts and job losses all over the place.
From the perspective of someone who spent the last 7 years living on ~10,000 a year, 600 a week is plenty. But that also assumes that you can find a full work week somewhere. If you're working service industry you may well only be able to get 2-3 shifts a week, and if you have ot pick up a second job then the tax rate is the full 33% penalty for not finding a job that pays enough/gives enough hours.