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The Minimum Wager
Living Single on Minimum Wage
Created on 2007-11-18 00:23:24 (#14273172), last updated 2009-11-08
260 comments received, 187 comments posted
Basic Account [Gift]
146 Journal Entries, 37 Tags, 0 Memories, 0 Virtual Gifts, 6 Userpics
| Name: | minimumwager |
|---|
This blog is intended to both promote my book and offer useful advise for creating and staying on budget to those in the lower financial group. I will be mainly using examples from my own life for now.
Blog History:
I'm Kay Iscah. Occasionally, you'll also be hearing from my cowriter Phillip Lockabey on this blog. Earlier in 2007, we started working on a budgetting book for singles on a low income, using minimum wage as our example.
When we started writing the book, I had moved back home with my parents, mainly because I like my family. Phillip was living at home too, but not enjoying it so much. Then my grandparents moved in with my family as well, making things rather crowded.
We decided that while finishing up the book, we would spent a year "real world" (or without family help) testing the ideas while sharing an apartment along with my brother. The plan was to be very open and honest with you about our financial situations, and see if all our ideas that worked well on paper also worked well in the real world. In general the experiment was successful. Enough so, that I'm satisfied with the real world application of what we preach in the book.
However, real life is rarely text book perfect. About midway through, we ended up taking in a 19 year old with some crazy issues. They were too personal for me to post about fully on the blog but too important for me to ignore for the sake of our experiment. As her issues began to resolve, I got the business bug. In the process, the blog may have lost it's way a bit as an account of our experiment.
I've since moved back home and attempted to start a home business. I'm learning a lot and attempting to pass on what I've learned as I feel it's relevant for learning and applying good finacial habits. Unfortunately I'm currently in a state of do as I say and not as I do, because I would NOT advise most people to try to go into business for themselves even when the economy is strong.
Blog History:
I'm Kay Iscah. Occasionally, you'll also be hearing from my cowriter Phillip Lockabey on this blog. Earlier in 2007, we started working on a budgetting book for singles on a low income, using minimum wage as our example.
When we started writing the book, I had moved back home with my parents, mainly because I like my family. Phillip was living at home too, but not enjoying it so much. Then my grandparents moved in with my family as well, making things rather crowded.
We decided that while finishing up the book, we would spent a year "real world" (or without family help) testing the ideas while sharing an apartment along with my brother. The plan was to be very open and honest with you about our financial situations, and see if all our ideas that worked well on paper also worked well in the real world. In general the experiment was successful. Enough so, that I'm satisfied with the real world application of what we preach in the book.
However, real life is rarely text book perfect. About midway through, we ended up taking in a 19 year old with some crazy issues. They were too personal for me to post about fully on the blog but too important for me to ignore for the sake of our experiment. As her issues began to resolve, I got the business bug. In the process, the blog may have lost it's way a bit as an account of our experiment.
I've since moved back home and attempted to start a home business. I'm learning a lot and attempting to pass on what I've learned as I feel it's relevant for learning and applying good finacial habits. Unfortunately I'm currently in a state of do as I say and not as I do, because I would NOT advise most people to try to go into business for themselves even when the economy is strong.
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