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McDonald's budget

Posted by on Jul. 17, 2013 at 9:16 PM
  • 10 Replies

This is a sample budget made by McDonald's to help its employees learn to budget their money.

What do you think?  Anything missing?

(link)

by on Jul. 17, 2013 at 9:16 PM
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Replies (1-10):
AjCeCeMom
by on Jul. 17, 2013 at 9:17 PM
2 moms liked this
I think it's hilarious that they are so aware of how you can not live on Mcd's salary and put 2nd job on there!

Eta: although I guess that could be a spouse too doh!, I need to go to bed.
Posted on CafeMom Mobile
xoxRachelxox
by on Jul. 17, 2013 at 9:18 PM
2 moms liked this

Food would be nice

bellawomen
by Summer on Jul. 17, 2013 at 9:19 PM
1 mom liked this

My first thought - REALLY unreasonable. Very few places have $600 rent, especially in areas of lower minimum wage.  Here in Southern California, you will not even find anything for that price.  It is even rare to rent a room for that price.

$20 health insurance?   Please, please tell me where.

No dental.

I don't know any cable/phone that is $100.

No food factored in.

No fuel/transportation factored in.

bellawomen
by Summer on Jul. 17, 2013 at 9:21 PM

I read on a couple of websites that the budget does not include welfare.  Not sure of welfare income requirements, but would even a second job be enough money to be above the welfare line?  Also doesn't allow for time to go to college to improve one's future.

Quoting AjCeCeMom:

I think it's hilarious that they are so aware of how you can not live on Mcd's salary and put 2nd job on there!

Eta: although I guess that could be a spouse too doh!, I need to go to bed.


goldilocksbecky
by on Jul. 17, 2013 at 9:24 PM

A few things stick out.  The first being that they've included 2 jobs, indicating that they know that working at McDonald's doesn't provide a livable wage. 

Some of the expenses are insanely low.  $20 a month for health insurance?  On what planet?  $40 a month for electric?  $0 for heating (that might be realistic for a few months, but not most of the year.

There's also no money for food (or non-food household expenses like laundry detergent, toilet paper, soap, deoderant).  There's no money for gas.  And definitely nothing for childcare.  Someone with kids, working 2 jobs would need childcare. 

 

Arwyn724
by on Jul. 17, 2013 at 10:39 PM

That looks like my budget from 1980, except I never worked at McDonald's.

Arwyn724
by on Jul. 17, 2013 at 10:43 PM

Quoting bellawomen:

My first thought - REALLY unreasonable. Very few places have $600 rent, especially in areas of lower minimum wage.  Here in Southern California, you will not even find anything for that price.  It is even rare to rent a room for that price.

$20 health insurance?   Please, please tell me where.

No dental.

I don't know any cable/phone that is $100.

No food factored in.

No fuel/transportation factored in.

I believe the food/gas/sundry items come out of the $800/month spending $$. It's still pretty laughable, though, unrealistic expenses.

Arwyn 724 

websorceress
by Member on Jul. 18, 2013 at 5:27 AM
1 mom liked this

 


Quoting xoxRachelxox:

Food would be nice


 LOL that's so you are forced to eat their crap LOL

Cherish77
by Cherish on Jul. 18, 2013 at 7:29 AM

 

Yeah, but yo still have to pay for their crap, you only get soda for free.

Quoting websorceress:

 

 

Quoting xoxRachelxox:

Food would be nice

 

 LOL that's so you are forced to eat their crap LOL


 

bellawomen
by Summer on Jul. 18, 2013 at 4:27 PM

I saw this today...

(link)

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