Thursday, September 19, 2013

Kevin Hambourger


1. Morgan and Alex were pretty good on budgeting over the 30 day period. They tried to save money in any way they could, one way was Alex would walk to her job every day instead of taking the bus saving $2.50 a day. They also ate rice and beans for most of the 30 days to save money instead of buying expensive foods. Morgan and Alex also did not spend any money on luxuries until the kids came over and they spent a little more than usual. The one thing that put them in the hole was the hospital bills, they were very expensive and since they didn't have insurance they had to pay the whole bill which they couldn't do with the amount of money they had putting them in debt. Other than this they budgeted very well, and if it hadn't been for the hospital then they would have been completely fine.

6. I agree with Ted Kennedy's argument that the minimum wage should be raised and would help families completely. The cost to live has raised so much since the past, and people who make minimum wage can barely have a life. They live day to day and have barely enough money to actually enjoy their selves. Plus adding in kids, minimum wage can't cover the cost of living for these families. I don't think raising the minimum wage would be detrimental to these big businesses in which the owners of it are billionaires. Adding a little more money to everyone's paycheck won't make a big business shut down like Target, or Walmart or Jewel. If every big business raised their minimum wage, these families lives would be made a little easier.

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