http://farchivist.livejournal.com/ ([identity profile] farchivist.livejournal.com) wrote in [community profile] politicartoons2012-03-15 09:11 pm
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Fact: Minimum Wage Won't Even Get You Rent



Addition: Before you say "Oh hey, in a month at minimum wage, I get 160 hours.", keep in mind that cost of housing should never be more than 20-30% of your monthly income.
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[identity profile] mikepictor.livejournal.com 2012-03-16 01:21 pm (UTC)(link)
and you make my point.

[identity profile] michael barnett (from livejournal.com) 2012-03-16 01:29 pm (UTC)(link)
OK, well it is what it is. When planning a budget, it's always seemed prudent not to let your rent/mortgage exceed 25% of your gross income. People who stay within that tend to be able to make all their ends meet and put something away for the future.
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