When that nice salary of yours feels like minimum wage

Maybe you’ve felt this way, too.

You seem to earn a pretty good salary, but when you get through with taxes, the costs to commute to work, the price of child care and the need to spend for work-appropriate clothing and accessories there’s not much left.

It can feel like you’re making minimum wage.

That’s how one woman who wrote about it at Yahoo.com feels. She took a job at $50,000 a year and felt good about it _ until she started to calculate all the costs. Check out her calculations. They might seem a lot like yours.

4 comments Add your comment

wft

November 15th, 2011
9:19 am

meh

November 15th, 2011
4:03 pm

When you read the article, followed by the 5000+ yahoo comments, I must confess I agree with a lot of the people that left comments….I make just under what she does, almost $40,000, and consider myself BLESSED, in this economy. I commute 69 miles ONE WAY, from Athens, I spend $180 a week on gas, get home at 7:30 at night, and STILL cook all our meals, except one a week, that’s our treat to ourselves. My husband just lost his job yesterday, so now that “treat” will have to go, and to save on gas, I will start driving only 37 miles ONE WAY to catch the public transportation, which my job helps to pay for. I haven’t had a massage in YEARS, do not get my nails done, cut my own all-one-length hair, wear clothes that are 10-12 years old, which I TAKE CARE OF, so I do not have to buy more, shop at America’s Thrift Store in Athens when I do need something (got 3 pair of little worn name brand shoes for $6.15 one day) and we take care of our yard on weekends. And I work in a downtown law firm where I need to look decent every day, so don’t go there about “having to dress”.

Cry me a river lady, and thank GOD ABOVE for what you have and learn to be a good steward of it. After a foreclosure, short sale and barely eeking out of another property with $573, I had to..it ain’t easy, but sometimes life is full of things you don’t like to do or don’t want to do (thanks, Mom). Oh, and we do not have credit cards either. It’s called LIVING WITHIN YOUR MEANS. Google it, and you’ll get several hits on suggestions. I can’t believe someone would actually write that article, with their picture, no less, and put it on the internet for the whole world to see, in this economy. Unbelievable.

Thanks, Mr. Markiewicz, for sharing…a true picture of what America has come to….not happy with anything, and continuously crying “more, more, more”! Unbelievable.

more stuff

November 16th, 2011
8:36 am

I need to take out a third mortgage on my house to buy more stuff–especially a bigger flat screen TV and nicer boat than the one I have.

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