As many of you know, the minimum wage in America is $7.25 an hour and with that said there are a lot of people who work hard to make ends meet for themselves and their families.
It’s not always easy to do but it has been done before by so many others.
Minimum Wage in America: $15,00/year.
Can someone who works full time hours at the minimum wage expect to make about $15,00 a year?
No matter what your financial situation is or where you are from this might be quite surprising but it’s true!
If that same person was working 40 hours per week then they would earn around $2280 every month which equals out to roughly over 15 thousand dollars each year.
There are other factors like state taxes so when all things considered we can say with certainty that 21.50 an hour is how much one will earn on average a year.
It’s not bad if you think about it!
That said, there are many people in the workforce who work more than full time hours.
Still don’t make this amount of money but at least now you know what your earning potential could be.
With wages being stagnant for years now it has been difficult for many to live off of these earnings but as long as someone works hard and continues.