McDonald’s proves it’s impossible to live on minimum wage

McDonalds’s partnered with Visa to make a budgeting website for their employees. On it, they included a suggested monthly budget. That seems helpful. But what’s wrong with this picture?

The most egregious thing is that McDonald’s admits the fact that you need a second job—on top of working full time for them—to earn enough money to hope to survive. But it’s even worse than that. Robyn Pennacchia at Death and Taxes breaks it down further:

Also noticeably absent in this budget? Food. And gas. There’s a line for a car payment, but not for gas. Which is suspect, because if you’re working two jobs it’s possible you will pay more for your gas than you’d be paying for your car.

Also… health insurance for $20 a month? There is really no such thing as health insurance for $20 a month if you’re buying your health insurance on your own. I think the least amount is going to be about $215 a month- and that only covers hospital emergencies.

(via @bifurcations)