Blog: Tips for Surviving on Minimum Wage (10/06/21)
How can you survive on minimum wage, and can there be any tips to make the most of earning so little? We all know how out of control debt can get, especially for people who don’t particularly have a keen eye on numbers or budgeting. Sometimes circumstances beyond your control can disrupt your budget.
Don’t follow the Joneses
If your minimum wage is eaten away by your big hiring every month, a good tip is to swallow your pride and move to a cheaper location. If there are only two of you living in a 3 bedroom house, move into a 1 bedroom house. A lot of people have had to do this and it can save you a few hundred dollars every month.
This will free you from money to spend on necessities. Do not keep furniture and equipment that you no longer use. Sell your excess furniture or even give it away if you can’t sell it and it keeps you from moving to a smaller, cheaper place. It can be both invigorating and liberating to be free from such a high rent and clutter free.
Change your eating habits
When you’re fighting for minimum wage, there are a lot of things that you can do to get your money’s worth. You don’t have to eat the so-called best foods and pay a fortune for them. A tip is to know that some brands are just as nutritious but their simple packaging and “store brand” make them a lot cheaper?
There is nothing inferior at all in food. Some innovative managers have gone even further and are ensuring that some of their generic brands even offer organic options. This is the perfect way to make sure you save money while staying healthy.
Get in shape for less
A lot of people like to say they’re going to the gym. Yes, a healthy lifestyle, especially with the pandemic, is most important, but you don’t have to go to the gym. There is also a pressure to look a certain way when you go and to have the right gym outfit. There are many affordable and sometimes better options for exercise that you cannot do in the gym.
Walking, running, swimming, hiking, biking, and lifting weights will cost you nothing. If you don’t have a bike, exclude this activity. If you have a hard time getting outside, there are plenty of free online workouts as well.
Get rid of some worrying debts
The minimum wage in the United States is $ 7.25 an hour, with many politicians claiming it is not a living wage. Nevertheless, many Americans make a living from it. They discovered how Cashlink can provide them with flexible financial products when they need it. When something unexpected happens at home, where are you going to find the extra money to fix it?
Payday loans online can help you get through a financial calamity. The process of getting cash fast involves a lender who sees fit to provide you with a short term unsecured loan that can help you get out of a tricky financial dilemma. The great thing about a payday loan is that when money is desperately needed in an emergency, banks can be slamming their doors in your face, but you still have a chance with a reputable registered lender. .
General tips for surviving the minimum wage
We have already suggested switching to supermarket brand foods which are of equal quality but much more economical. Don’t pay extra just because of fancy packaging. Plan detailed meals to reduce your purchases to once a week instead of every 2 days, and save gas. It pays to make a list and stick to it.
Shorten the time you spend in the shower each day, and in the summer why not lower the geyser thermostat a few degrees and save on heating costs? If you are feeling completely overwhelmed with debt and can’t see the light at the end of the tunnel even though you’ve tried all of these tips, urgent financial help from reputable payday loan companies may be needed.