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You can live for very little if you're careful. Of course, if you add on additional costs, the wage you need to survive increases. I always viewed "minimum wage" as the absolute minimum you need to survive. Of course it's not gonna be enough if you have more costs!
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If you go into debt for education, you are probably sacrificing your ability to be comfortable on a minimum wage. If you have kids, you sacrifice it. If you want to live alone and not with roommates in some areas, you sacrifice it. This seems sensible to me.
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A minimum wage shouldn't be "the minimum for you to be comfortable even if you make choices that increase how much you need to spend"
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Replying to
So your rent/home payment is suggested to be 30% of what you make. Many apartments require that you make 2.5x - 3.5x your rent to even live there. There is NO minimum wage that can afford a 2 bedroom apartment in the US. 95% can't even get a 1 bedroom.
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The amount unemployment is currently giving me is supposed to be what "minimum wage" is. Well I'm making 4x the amount of what my normal is on unemployment and I was full time at a childcare w/ seasonal job at a haunted house. I just want to pay rent, bills, eat, save a buck.
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Oh I've had the roommate thing most of my life and that should definitely be something for a 2 bedroom apartment. But I think a 1 bedroom apartment should be affordable by anyone on minimum wage. I've had a roommate in a studio apartment and there is 0 privacy.
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