LogFAQs > #934741649

LinkPizza posted...

You have to remember there more stuff, as well. Tax, Car, insurance, car insurance, food, car payment (if they have one), bills, etc...

It leaves over $1000 in additional expenses easily after rent, so yeah, I factored all those in. Also I didn't start driving/get a car till 19, you don't HAVE to (depending where you live of course), have most of those.

Taxes are also less then 10% total under 35k or so (first 12k no taxes, 10% for up to 35 or 39k whatever), so min wage pays VERY littte in taxes.

Car insurance isn't too bad if you don't get tickets, but yeah, car +insurance can definately add up.

Point is basically with a 13$ min wage you can easily afford $1k a month for rent, and even still save a bit. You just have to actually not blow your money like crazy (which EVERY one of my group of 50 friends besides me did when I was in my 20's). I was the only one saving, and I made a decent amount, but many made twice as much as me (25-30$ an hour at the time (late 80's), and saved nothing.

Most jobs pay min $14 an hour (min wage is 13.50) here for instance which is $560 a week. You can pay your rent in 2 weeks pretty easy, and have a full 1 bedroom apartment (not even studio). Even in the bay area, you can get studios for $1000 (min is $15 there, most at least $16 an hour).

So yeah, ain't saying it's as easy as the 80's/90's, but you can still move straight out of your parents house at 18 and into a 1 bedroom if you want.

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