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Debate Score:10
Arguments:18
Total Votes:10
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 How to Thrive on $10 per Hour: A Manual (10)

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xMathFanx(1737) pic



How to Thrive on $10 per Hour: A Manual


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1 point

How to Thrive on $10 per Hour: A Manual

Note, I will be applying absolutely provable laws & facts as strong as the Kinematic Equations from Physics--see below:

-One can easily find an apartment for $750 rent per month in a nice, safe area

-Electric bill between $20-$50 per month

-Internet only package for $50 a month (optional)

-Phone bill, service + unlimited data for $50

-Food for $60 per week, is $240 per month

-Miscellaneous for $100 a month

Then, taking the high end for each estimate, we arrive at a figure of $1250--note one could do with much less, say $1000 per month if necessary.

Now, 10x40x52=20,800. ==> 20,800/12=1,733.33

Before taxes, one would would be able to pay for necessities plus $500 surplus per month.

Now, factoring in taxes, 8.3x40x52=17,264. ==> 17,264/12=1,438.66

Therefore, an individual making $10/hr wage with taxes included, even in the absence of other benefits, will be able live a comfortable local lifestyle with bills payed, necessities met, and some pocket change for spending and/or saving. Further, one could up their hours to 50 or 60 per week, which still provides enough free time to read a book a week, train/exercise, engage in hobbies, etc., relax/sleep.

For 50 hrs: 8.3x50x52=21,580. Also, some money will be back awarded during tax season, say several hundred. Then, about $22,000 per year. Potential to save $7000 per year.

For 60 hrs: 8.3x60x52=25,896. Again, money will be back awarded, say several hundred again. Then, $26,300 per year. Potential to save $11,3000.

Thus, not only would one be able to survive, they can (a) attend Community college and/or 4 year College (b) save up to purchase their own home/land within a few years or so (c) spend excess money on trips, etc. as they please upon their own discretion.

Endnotes on bills:

-MetroPCS offers $30-50 a month phone bill as described ==> https://www.metropcs.com/shop/plans

-Verizon offers $50 a month internet only plan ==> Verizon Fios Internet, TV, Phone

-Dollar Tree & other dollar stores provide fruits, vegetables, fish, meat, oatmeal, bread, nuts, cleaning supplies, other household supplies, etc. for $1 each ==>https://www.dollartree.com/department/food-candy-drinks

-One could find an apartment in that price & location range immediately online. Here is an example, I simply typed in Columbus, Ohio. Note, Columbus, Ohio is home to Ohio State University, which is $10,000 per year, and could also be attended on a $10/hr wage as described here and elsewhere. ==> {{$metaData.title}}

-Miscellaneous items including clothes, washer+dryer, etc. Walmart, Macy's, Outlets, Amazon, etc. etc. have plenty of nice, low priced/discounted clothes. Washer and dryer, say $20 a month. Library is free, which provides all necessary books, audiobooks, movies, newspaper, magazines, video games, etc. etc. Also, used book stores have all such items for extremely cheap as well, say $2-3 per used book/video/game. Here is one such branch ==> Better World Books US

Amarel(5000) Clarified
2 points

I have to argue on the grounds of cost of living. This isn’t feasible in a place like Seattle where prices take account of the $16 minimum wage making the cost of living substantially higher. However, if you live in low cost Podunk America it can be, and is often done. Even then it’s not exactly easy. It takes quite a bit of financial discipline to maintain a tight budget properly.

xMathFanx(1737) Clarified
1 point

@Amarel

It is true that one could not live in NYC or LA on $10/hr, as cost of rent is exceedingly high, however the remedy to this problem is fairly simple & straight-forward--move.

One such location has been posted, that is what the majority of the country is like as well.

Also, in the age of automatic bill pay, direct deposit, and online banking, it is actually quite simple to maintain financial discipline. All of ones bills can be set up on auto-pay, as well as food & such can be pre-selected and put on auto-pay, and savings can be routed into a savings account past "x" amount per month also on auto-pilot. Actually, after the initial set up, one would not even need to look at their bank account, ever--unless their hours at work changed notably, which would alter the calculations, of course. However, if one had a steady 40/50/60 hr template set in stone, than the previous argument would hold strong.

DragonBorn(314) Clarified
1 point

You would have to endure a hyper-minimalist lifestyle for that to work. It would also take you a very long time to move up in the world.

xMathFanx(1737) Clarified
1 point

@DragonBorn

It would not, although based on the media/academia propaganda campaign, I understand why that is your default position. However, I will attempt to dispel that now.

First, please note, all sources have been cited in the endnotes--that is in fact intended to be a manual a person could pick up and use.

Now, as for minimalism/hyper-minimalism, it would only appear "minimalist" to an extremely, unhealthily obsessed materialist, consumer based society.

-$250 for UltraHD Big Screen TV ==> https://www.amazon.com/Insignia-NS-43DF710NA19-43-inch-Ultra-Smart/dp/B07FPQXN46/ref=sr12sspa?s=tv&ie=UTF8&qid=1548957719&sr=1-2- spons&keywords=50+inch+tv&psc=1

-$60 for an Xbox360, used games can be purchased for a dollar or so, or one can go to the public library for free rentals

-$200 for a comfortable sofa

-$200 for a comfortable bed

-$1-3 for used books, movies, magazines, games, etc. or one could use the public library for free

-$200 for 2 100lb dumbells, $50 more for a bench

-$100-200 for a punching bag

-$100 for a bicycle

-$100 for a telescope, microscope

-$1-10 for posters, decorations, etc.

.

.

.

etc. etc.

All of these items fit nicely inside of the budget provided.

Once a home has been purchased & paid off, along with furniture, luxury items (e.g. tv, video game consoles, training equipment, etc.), there is not much of need to spend on, with very low annual expenses. As such, one could not have to work much at all in order to support their comfortable lifestyle, in the absence of toxic consumerism. They could (a) work on & off years (b) work seasonally, and have the rest of the year off (c) maintain a part-time job of 10-20 hours per week constantly, providing mostly all free time.

I can provide a worked out manual for this project as well, if desired.

JoseAguacate(95) Disputed
1 point

One can easily find an apartment for $750 rent per month in a nice, safe area

Price of rent changes drastically from location to location. Finding a $750 apartment here in Indianapolis is possible while in Bridgeport CT the worst areas have rent that start at $1400, almost the double. Also, in San Fransisco expect to pay $3000.

Electric bill between $20-$50 per month

$20 is far to low for electricity. Idaho which has very cheap electricity still pays $75 on average a month. Some states that number can go up to $200 like New York. And the majority of that cost goes to heating and cooling, so it's not a cost you can easily mitigate.

Food for $60 per week, is $240 per month

That is possible, if you assume you yourself is the only mouth to feed.

---

You are also ignoring transportation. Which for most Americans accounts for 14% of their budget. Since America doesn't have very good public transportation infrastructure, most people have to buy a car. On average the cost of owning a car is $300 for cost, maintenance, and insurance.

---

Another cost you are ignoring is healthcare which can vary wildly. Usually they start at $200 just for catastrophic plans and to avoid the tax penalty, and keep going up from there.

---

10 x 40 / 7 x 30 -> $1714 a month no taxes

In Bridgeport (which is a relatively poor area) 81% of your untaxed paycheck would go into rent.

xMathFanx(1737) Disputed
1 point

@JoseAguacate

I provided sources for everything, which you disregarded as it dismantles the entirety of your argument.

The vast majority of the country is based on the pricing system I discussed, and provided a location that is currently available under the prices detailed. Hence,if one lives in an excessively expensive part of the country--move.

Problem solved.

xMathFanx(1737) Disputed
1 point

@JoseAguacate

You are also ignoring transportation.

False.

Transportation was addressed, you ignored it.

xMathFanx(1737) Disputed
1 point

@JoseAguacate

My electricity bill is $35 a month, and I could use much less, if needed.

xMathFanx(1737) Disputed
1 point

@JoseAguacate

-Most grocery stores/corner store will provide a benefits package that includes health insurance and/or tuition assistance program for College

-My current basic health insurance is only $60 a month, and provides 2 doctor visits per year, a few nights overnight stay in hospital if necessary, and caps ER visits to $5000. Of course, that easily falls in budget, even if it you did have to pay for it, which as stated in the previous bullet point, you likely will be covered from work.

-$200 a month for Health insurance also easily falls inside of the budget..