Are you “loving it” yet?
For this budget to work, this hypothetical worker of two jobs is living in a roommate situation, likely with four people. They, therefore, can pool their resources in order to live in most areas of the country on this budget. This is the lifestyle of Generation X, but rejected by the Millenials. The Millenials are redefining the system, throwing older models into chaos as a result.
As for McDonald’s, they have, in their budgeting example, have also demonstrated how out of touch they are with their own workers. They do not understand the cost of healthcare, the cost of rent, or even the cost of food, which is highly ironic considering what their business is. They have, in a single document, destroyed their own case for keeping wages low, displaying that the only way their workers can survive is with a second job, living with roommates, and eating like crap. Just the thing for the senior citizens working for McDonald’s to look forward to.
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