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Minimum wages to cover expenses?

July 14th, 2014 at 06:00 pm

As of January 2014, the minimum wage in New Jersey is $8.25. One of my unwritten financial goals is to be able to support ourselves on two minimum wage salaries if ever necessary. It is a bare bones budget with a couple of hundred dollars to cover any unexpected expenses.

I am glad and blessed that we are in a good place financially.

3 Responses to “Minimum wages to cover expenses?”

  1. Joan.of.the.Arch Says:

    Well, that should be much easier to do since you are "completely debt free including the house." An interesting goal. I'll be paying attention to what you are thinking about this.

  2. NJDebbie Says:

    Not that I want to earn minimum wages but if were ever to have the need to work for minimum wages we can cover our bills.

  3. PNW Mom Says:

    Wow! $8.25? Here in Oregon it is $9.10. Still, neither is that great.

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