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10 Things Only Minimum Wage Workers Understand

10 Things Only Minimum Wage Workers Understand

From the waitress always putting on a smile when you walk through the diner door, to the convenience store clerk whose occupation is fraught with low pay and dangerous work conditions, there are some things in life only minimum wage workers can understand.

If you work for minimum wage then I can imagine you will identify and understand these ten feelings. As a once minimum wage employee myself I wrote these from experience. For those of you who never have worked for minimum wage, may this give you some insight into the world of the worker.

You feel a sense of injustice among your peers

Low entry requirements usually mean trouble when it comes to the societal parts of minimum wage work. Based on seniority, you can feel as though your peers are always trying to put you in a box. From pushing your shifts around to taking your days off, it’s easy to feel left out.

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You can never get ahead financially

Since you don’t make enough money to ever really save, the slightest problem will set you back. Often the pay is so low you are barely able to provide food on the table. When something circumstantial happens, like a flat tire or a visit to the doctor, your whole finances are ruined for months.

You budget life around work

Instead of living life, you live the company’s schedule. The desperation really sets in when you work swing shifts and miss out on important family or friend meet-ups. This leads to you feeling left out of forward progress, and can make you pull away from social events altogether.

You experience the true difficulty of mobility

When you work a minimum wage job you can barely afford true transportation, like a car. This culture is created via government regulation, like property taxes on cars and high gas prices. It takes work just to get to the low paying job. A lot of mass transit systems in the United States just aren’t adequate.

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You are crushed by corporate pencil-pushing delays

When you work for a low wage, a two-week pay schedule can be devastating. Employers need to understand that the people they are hiring are relying on that paycheck week to week. It’s unfair to pay so little and still expect workers to wait out a one week hold, plus a two week pay schedule.

You feel stuck in one location

Want to smell the ocean air or climb the tops of the Blue Ridge Mountains? Not a chance for many who work low paying jobs. You can’t afford to take a vacation, nor whimsically move into a new location where the same minimum wage jobs are your future.

You can work hard and still go unnoticed

Ever feel like you go the extra mile, but management never notices? You aren’t alone! A lot of people that work a minimum wage job feel like no matter what they do they will never see an advancement within the company they work for thanks to pedigree.

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You rarely feel any benefit for working as much as you do

We can all feel like we are going nowhere at times, but it’s especially true for those who are working minimum wage jobs. Day after day you go into work, and by the end of the week you aren’t any better off than you were the month before. It’s a sinking feeling.

You make less money, even when you make more

The tax code is set against those rising up from the bottom. You pay an employment tax, not an investment tax. So when you finally do get a leg up and make some decent money, you lose it to Uncle Sam. Working more for less breaks the spirits of those who want to achieve.

You feel pressure from your dependents

They love you and you surely love them. One reason you work long hours, swing shifts, and put up with low wages is due to people counting on what little money you do make. It feels impossible to make a transition towards a better career when you constantly have to produce bread for the family.

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It’s important to remember that even though it feels like the wind of life is against you, you can still improve your skill set and gain better positions of employment. Often we have to take five steps forward and two steps back to go forward at all.

At the end of the day we have to persevere, gain power through knowledge, and apply ourselves. Once you decide to be something in life, you can truly be it!

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Joseph Mongan

Journalist

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Last Updated on January 21, 2020

How to Develop a Millionaire Mindset in 6 Simple Steps

How to Develop a Millionaire Mindset in 6 Simple Steps

We all like to dream about being financially wealthy. For most people though, it remains a dream and nothing more. Why is that?

It’s because most people don’t set their mind to achieving that goal. They might not be happy in their current situation but they’re comfortable – and comfort is one of the biggest enemies of growth.

How do you go about developing that millionaire mindset? By following these simple steps:

1. Focus On What You Want – And Take It!

So many people are too timid to admit they want something and go for it. When there is something that you want to accomplish don’t think “I could never actually do that”, think “I could do that and I WILL do that”.

Millionaires play to win, not to avoid defeat.

This doesn’t mean to have to become a selfish jerk. What it means is becoming more assertive and honest with yourself. You don’t have to grab off other people. There is a big pot of unclaimed gold in the middle of the table — why shouldn’t you be the one to claim it? You deserve it!

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2. Become Goal-Orientated

It’s almost impossible to achieve anything if you don’t set firm goals. Only lottery winners become millionaires overnight. By setting yourself attainable goals, you will get there eventually. Don’t try to get rich quickly — get rich slowly.

Let’s take the idea of making your first million dollars and expand on what kind of goals you might set to get there. Let’s also say you’re starting at a break-even position – you’re making enough to get by with a few luxuries, but nothing more.

Your goal for the first year can be having $10,000 in the bank within a year. It won’t be easy but it is doable. Next, you need to figure out the steps you need to take to achieve that goal.

Always look at ways to make growth before cutbacks. With that in mind, you might want to see if you can negotiate a pay rise with your boss, or if there’s another job out there that will pay better. You might be comfortable in your old job but remember, comfort stunts growth.

You may also have other skills outside of your workplace that you can monetize to boost your bank balance. Maybe you can design websites for people, at a fee of course, or make alterations to clothes.

If this is still not enough to make the money you need to save $10,000 in a year, then it’s time to look at cutbacks. Do you have a bunch of old junk that someone else might love? Sell it! Do you really need to spend $10 on your lunch everyday when you could make your own for a fraction of the cost?

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If you are to become a millionaire, you need to start accumulating money.

Here’re some tips to help you: How to Become Goal Oriented and Achieve More in Life

3. Don’t Spend Your Money – Invest It

The reason you need to accumulate money is for step three. Millionaires tend to be frugal people, and that’s because they know the true value of money is in investing. Being your own boss goes hand-in-hand with becoming a millionaire. You’ll want to quit your regular job at some point.

Stop working for your money and make your money work for you.

Rather than buying yourself a new iPad, that $500 could be used to invest in the stock market. Find the right shares (more on that later), and that money could easily double within a year.

There’s not just the stock market — there’s also property, and your own education.

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4. Never Stop Learning

The best thing you can invest in is yourself.

Once most people leave the education system, they think their learning days are over. Well theirs might be, but yours shouldn’t be. Successful people continually learn and adapt.

Billionaire Warren Buffet estimates that he read at least 100 books on investing before he turned twenty. Most people never read another book after they’ve left school. Who would you rather be?

Learn everything you can about how economics works, how the stocks markets work, how they trend.

Learn new skills. If you have an interest in it, learn everything you can about it. You’d be surprised at how often, seemingly useless skills, can become extremely useful in the right situation.

Start developing the habit of learning continuously: How to Create a Habit of Continuous Learning for a Better You

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5. Think Big

While I advise to start off with small goals, you absolutely should have a big goal in mind. If you have a business idea, then that is your ultimate goal – to start that business and make a success of it. If you want to invest your way to millions of dollars and do little work other than research, then that is your big goal.

There is no shame in not achieving a big goal. If you run a business and aim to make $1 million profit in a year and “only” make $200,000, then you’re still significantly ahead of most people.

Aim for the stars, if you fail you’ll still be over the moon.

6. Enjoy the Attention

To be successful, you have to be willing to promote yourself and enjoy the attention to a certain extent. Now the attention doesn’t need to be on yourself, it could be on your brand, but attention definitely attracts money.

Never be embarrassed to get your name out there. That means finding a spotlight and being brave enough to step right up underneath it.

If you run a business, try contacting the local papers. You’d be surprised at how amenable they often are to running a story about you and your business, and it’s all free publicity.

Above all, remember: You control your own destiny. Push hard enough for anything and you’ll get it.

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Featured photo credit: Austin Distel via unsplash.com

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