McDonalds tells workers to budget by getting second job, turn off heat

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Untitlsded-5McDonalds has partnered with Visa to launch a new website dedicated to helping its low-wage workers making an average of $8.25 an hour to successfully budget their money.

However, according to the website, workers must get a second job to successfully budget their money.

While the website was created to help employees, it’s also a clear illustration of how difficult it is for low-wage workers to make ends meet.

For example, the budget journal suggests amounts of money that should be budgeted each month. Laughably, the budget only includes $20/month for health care, $0 for heating and no money for food or clothing.

McDonalds has a statement to thinkprogress.org about the budget journal:

“In an effort to provide free, comprehensive money management tools, McDonald’s first used the Wealth Watchers International budgeting journal when this financial literacy program launched in 2008.

As part of this program, several resources were developed including a sample budgeting guide, an instructional video and a web resource center that had additional tools and information.

The samples that are on this site are generic examples and are intended to help provide a general outline of what an individual budget may look like.”

Source: thinkprogress.org