Thursday, September 19, 2013

Shannon FitzGibbons

1. Morgan and Alex were pretty good about budgeting for the 30 days period. Morgan walked to work in order to save money, they also ate rice and beans for the whole 30 days. The only time where they spent a lot of money is when the kids came to visit. 

2. The role that budgeting played in the survival of Alex and Morgan was major. When they first rented the apartment they immediately were in the red. They needed to pay off rent which took them a while, they also got medical, and electric bills. If they do not pay these then their credit will become bad.


3. I think that race did play a factor in both Morgan and Alex getting hired and finding an apartment. In the world that we live in it is easier for white males to get jobs. It was probably a little bit harder Alex to find a job because she is a female. I bet that the landlord was happier to rent to them as a white couple because he was not very professional when he first rented to them.


4. I think that I would have payed the entire amount if I had the money, and did not have a large amount of bills to pay (hospital). If I did not have the money, I could leave with out the realtor finding me. They did not give him much information about themselves and where he would be able to find them. Therefore, I probably would not have to provide very much information about myself.

5. Gerald's reasoning regarding living wage is that his pay has gone down and the cost of living has gone up. This means that he will have to struck to s struck budget because he will not be able to spend money on things that he used to.

6. I do agree with Senator Ted Kennedy's argument that raising the minimum wage will help families. It will allow them to pay their bills on time, feed their families, and allow them to have time away from work. No person should have to spend eleven hours at work and only make around fifty dollars. Those who oppose the raise in minimum wage are not thinking about the situations that families are going though. 

7. The "working poor" are those whose jobs are at or below minimum wage. They work long hours and at the end of the day their paychecks are very small. They might work for eleven hours that day and get less than a fifty dollar check.

8. Alex became emotional at The Free Store because she was so happy that people give to those who cannot afford things by themselves. She was having a hard time with the change she was going through so to have someone help her meant a lot.

9. If I was put in the situation of going to the doctors or keeping my finances in the black I would probably wait much longer than Alex and Morgan did before going to the doctors. I feel that they only had their problems for a day or two before going to the hospital. I think that when you are living on such a low budget going to the doctors right away would not be smart. If I had kids I would probably wait less time to take them to the doctors before I took myself.

10. No I am not surprised by the electric companies deposit request. The people that lived in the apartment before them most likely did not pay their bill. This company is just trying to make sure that they are paid for their services given. With out them asking for the money they might never get paid.

11. The underlying cause to the arguments over finances between Morgan and Alex I believe is who was the one doing the splurges, and how the money was spent. Alex was walking to work everyday to save money. When the kids came into town Morgan was spending money fast and Alex did not agree with that. She got upset that he would spend money on donuts and she was not taking the bus to work. 

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