So… You Want to be a Millionaire

How can someone live on

minimum wage?????

The federal government sets the standard for what income a person should be

able to live on, without government assistance.

That income level is called the

Poverty Level.

Poverty LevelAnnual Monthly Approx.

No. in GrossGross GrossGross HourlyHouse Income Income Income

1 $ 8,590 $ 716 $ 4.13

Poverty LevelAnnual Monthly Approx.

No. in GrossGross GrossGross HourlyHouse Income Income Income

1 $ 8,590 $ 716 $ 4.13

2 $ 11,610 $ 968 $ 5.58

Poverty LevelAnnual Monthly Approx.

No. in GrossGross GrossGross HourlyHouse Income Income Income

1 $ 8,590 $ 716 $ 4.13

2 $ 11,610 $ 968 $ 5.58

3 $ 14,630 $ 1,219 $ 7.03

Minimum Wage

At minimum wage ($5.15/hour) 40 hours per week,

51 weeks per year,you will earn

$ 875.50 / month.

Minimum Wage $ 875.50 / month

Poverty Level$ 716.00 / month

Your budget was about $ 160 / month more than the

poverty level.

Where isYellowstone County?

Where isYellowstone County?

Yellowstone County

Approximately 15,000 people in Yellowstone County live below the

poverty level.

There are students at Will James that live

below the poverty level.

There may be students in this class that live

below the poverty level.

Please think about all that

we have,

Please think about all that

we have, especially the people in our

lives.

It is not the things we have that makes us a better person.

It is not the things we have that makes us a better person.

It is the things we do.

Have a wonderful

Holiday Break.

From,Mrs. Horst andMr. Riehl