The low-wage breadwinner

It’s no real surprise that the American economy is stumbling.  According to CNN Money, since the 1980’s there’s been a rise (14%) in this demographic group.  Low wage is set at $11.22 an hour, this excludes teenagers making $8/hour (typically in the fast food industry) .

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In order to be considered poor in this country you have to be making (bottom dollar) $23,000 or below as a single person or $46,500 for a family of four. (Yes, it’s expensive to live here.)  Broken down by gender this includes 15% married men and 13% married women. 37% are of both with no children living at home or supporting other relatives.

It really does take two incomes for married couples to stay afloat and with the sketchy job market I just don’t see how it’s possible to survive with one breadwinner unless you start to pare down unnecessary luxuries. You be the judge of what you might consider a luxury. I feel paying for the following are a must and must never be considered a luxury:

1.) Shelter

2.) Food

3.) Utilies

4.) Health/car/home insurance

5.) Car (trust me in the Midwest it’s a necessity).

6.) Gas (see number 5.)

Many American families are having to tighten their fiscal belt by choosing wants such as going out to eat, movies etc…to planning vacations over paying for basic needs.  All the other stuff is just icing on the cake.

I pray we as a nation can recover but certainly our country cannot continue on this unstable footing as we have been the past few years.

 

 

Decision Fatigue

Decision Fatigue
In decision making and psychology, decision fatigue refers to the deteriorating quality of decisions made by an individual, after a long session of decision making. It is now understood as one of the causes of irrational trade-offs in decision making. …

Every one of us faces some really tough choices in life and unfortunately at times these events can all run together into one collective blur, (trust me, this blogger’s been through it all!!!)  Whether these decisions encompass starting a new job somewhere else, having children, $$$ issues, placing a parent in a nursing home/hospice, starting or leaving a relationship there are many issues we all will face.  And making such decisions shouldn’t be taken lightly without some real aforethought.

When we don’t take the time to thoroughly analyze the potential outcomes of our decisions, we can end up making careless or poor choices. We may rely on our basic instinctual impulsivity or various pass experiences (even if those experiences were negative).

You know that drained feeling you get from being stressed out for extended periods? It’s called mental fatigue.  😦  😦

The best advice I can give is if you have a major decision coming take some time to rest, recollect your thoughts, write down the pros and cons of what’s about to transpire. Save unimportant decisions for a later time.  Write out in order of precedence what needs to be resolved and what can wait. When you do this, you’ll find that you’ll be making better decisions as a whole.  🙂