Why some people in US, despite having a high minimum wages and considering living cost,live in poor

Credit and mortgage advice Forums Consumer Credit Debt Management Why some people in US, despite having a high minimum wages and considering living cost,live in poor

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    • #372364
      Anonymous
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      Assuming the worst case (US$ 5 per hour excluding tax, since low income bracket = no tax) of US$ 800 (part time of 2 couples per month: 20 hours/week * US$ 5/hour * 2 persons *4 weeks) per month, how can a healthy couples (having at most 2 children) manage to live so poorly?

      Is the biggest part of living cost come from credit card debt?

      Can someone give me calculation example?



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