My topic is mostly going to be about Budget Items. The budgets are mostly just telling you about your money and finances. I will include my career I choose. I’m going to tell you about how I’m going to use the money that I will be making. I will also include information on my job. My career will be about a cartoon animator. The cartoon animator will give the children something to watch on T.V. instead of old shows. I will get ratings for my work and become famous for my shows and for my creativity. I will need large amounts of money for bills to pay. I will have to support my wife and kids, and make groceries for my family also. I’ll need money to buy what I need for animating and to get my cartoon show on the T.V. I will have to read books and instructions on how to make the …show more content…
My finances would be just right, because my money would be all calculated and it want have to be worked out or sent in from out of any other state. It would also not cause any trouble with my bank account. What I learned about min wage jobs was that it is the lowest wage rate an employer can pay an employee. Most employees are eligible for minimum wage, whether they are full time, part time, casual employees, or are paid an hourly rate, commission, piece rate, flat rate or salary. Some employees have jobs that are exempt from the minimum wage, the most commonly used examples being a neighborhood babysitter. It will not effect my job, because my job pays a large amount of money I need. I want have to switch my job unless something messes it up. Then I will have to look for a min wage job. The min wage job will be just another start off for me to get a higher or advanced job. A minimum wage is the lowest job that employers may legally pay to workers. It is usually just to help people on getting back on there feet. It helps them of getting money and getting a better life. Career is the job you do for a living. This job is
find there are few jobs, and it pays little, or at least less then what they
Understanding the basic concept of minimum wage is important for every single individual. We all live in this world together and it is obvious that there is an order. In order to continue our lives and afford our basic needs, we all need to work and gain wealth. As the old adage says ‘‘There ain’t a such a thing as a free lunch.’’ We need to give up on something that we like to get something else that we like. That’s why, every single individual in the society face trade-offs. However, people have different status. Some people work as employees and some work as employers. In that case of minimum wage the trade off is between employees and employers. Employees work for employers in order to gain money and afford their minimal living expenses whereas employers give up on their money and pay for employees because employers take care of their need of labor. Employers pay for their workers who we call employees and employees gain hourly money. The calculated minimum money that they gain in an hour base called minimum wages. Besides, there is this cycle that everyone actually works
these sort of things. US people value money, the next thing they are saving up
do menial tasks to be able to buy some food and then somehow pay off
What is minimum wage? Minimum wage is the lowest hourly rate (dollars per hour) that employers can pay their employees. According to minimumwage.com Minnesota’s minnimum wage is $7.25 per hour but will be getting raised to $9.00 per hour. Minnesota’s minimum wage is a common rate among many states such as Texas, South Dakota, and Iowa. Oregon and Washington are states that currently have their minimum wage rate set at or above $9.00 per hour. For both of these states, raising minimum wage has not necessarily decreased the poverty line. Both Oregon and Washington are still among the top 20 states for high poverty rates while New Hampshire has the lowest poverty rate and also has minimum wage set at $7.25 per hour.
Minimum wage is a difficult number to decide on because it affects different income earning citizens in different ways. According to Principles of Microeconomics, by N. Gregory Mankiw, minimum wage is a law that establishes the lowest price for labor that and employer may pay (Mankiw 6-1b). Currently, the minimum wage in the United States is $7.25 per hour. For many years politicians and citizens have argued on what should be the minimum wage that would benefit the economy and society in general. A minimum wage was first established in 1938 to increase the standard of living of lower class workers. To discuss what is better for the country and its citizens, people have to understand what is a minimum wage and what are its effects.
Friends and family often can’t afford to miss work and do not have the extra
Many people can think back and remember what it was like to put in an application for that first job and be presented with a position. Taking that position represents adulthood and is a very exciting time for a young person. All first jobs usually start with a minimum wage. Minimum wage is the minimum an employer has to pay an unskilled worker based on the regulations set forth by the Fair Labor Standards Act (FLSA) that was originally established in 1938. As people think back about their first jobs they can also remember what the minimum wage was when they took that position. Minimum wage is only increased based on the cost of living from the prior year. If the previous year shows an increase then the minimum wage will increase in the coming new year. Sinegal (2009) stated "The increase in the minimum wage is long overdue. Paying your employees well is not only the right thing to do but it makes for good business". Based on the cost of living we show for the year of 2009 minimum wage will not increase for 2010. Minimum wage is currently at $7.25 per hour. Most people who start at this rate are young people who are in high school or college and are working a few hours to help pay for school. After they graduate they can apply for better jobs and move on. People who live in areas without growth, single mothers trying to raise their children, and uneducated people are working more than one minimum wage job to make enough money to pay their financial obligations. While the cost of living did not increase, minimum wage is low because no increase is planned for 2010 a...
The definition of Minimum Wage is “an amount of money that is the least amount of money per hour that workers must be paid according to the law” (Minimum wage). Minimum wage, like other laws, are used to keep the economy in line. Minimum wage laws were invented in Australia and New Zealand with the purpose of guaranteeing a minimum standard of living for unskilled workers. (Linda Gorman) Minimum wage puts a price on the services one offers. Many different principles can be used to explain Minimum wage and explore the different aspects of it. Including what minimum wage does for our economy and the current status of it.
transfer or a paycheck. Transferring money is as easy as sending an email for customers.
...ng of family finances. I will work on my marriage and spend quality time with my spouse. I will accept my mistakes and learn from them. I will push myself to start my nonfiction book on Fibromyalgia Best Treatments. I will follow-up with my job prospects. I will spend more time writing and learn how to revise with excellence. My ultimate goal is that I will gain employment in a temperate climate.
Minimum wage is the lowest hourly pay employers are legally able to pay their workers. In United States there is huge debate on whether or not to raise the current minimum wage rates from seven dollars and twenty five cents per hour. States are leading push to increase the minimum wage by Democrats who appeal to working class Americans. Congress want to increase minimum wages above seven dollars and twenty five cents. The issues of whether to raise the minimum wage or not.
A minimum wage is an hourly wage that is established by the government, which represents the minimum amount an individual receives per hour. The federal minimum wage was established in 1938 under the “Presidency of Franklin Roosevelt” (Henderson). Currently, the majority of the states have their minimum wage less than $10. However, the federal government wants to increase the minimum wage to $12 across the United States. The federal government believes that increasing the minimum wage will assist numerous people in the United States, as most individuals are working in a minimum wage job to support their families.
Every person has varying employment needs. For example, you may decide to make a full-time career change to a different type of job. Or you may wish to only work temporarily to earn extra money for the Christmas season. Perhaps you feel bored doing the same thing every day and have many marketable skills.
Budget is combining your income and expenses to decide how much money you are going to spend on an item. Budget is an important step to determine your financial health and financial stability. It’s an important financial tool because it can help plan for expenses, cut cost were unneeded, save for future goals, plan for emergencies that occur inexpediently, and list what you are spending and saving.