Practical Money Skills Not So Practical

by | Jul 25, 2013 | Unleash the Flow of Money

I commend the effort by some brands to try and help their employees manage their money better. McDonalds partnered with VISA to offer its employees an online budgeting tool.

The problem is that the numbers provided probably worked best in the 1970s…

If you look at the budget, you’ll see that even McDonalds doesn’t believe that its employees can craft an enjoyable lifestyle based on the minimum wage they’re paid. In fact, take a peek at the video below to see how LowPayIsNotOkay.org views the sample budget that McDonalds put together.

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What say you?

Is this an admirable attempt by McDonalds to help its employees manage their money better? Or should McDonalds focus on increasing its hourly wage so that its employees can make a decent living working for the company?

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