McDonald's tells workers how to budget
McDonald's tries to show employees how to budget -- and, some say, fails miserably.
A new website by Visa and the fast-food giant was meant to help low-wage workers better manage their hard-earned money, offering advice on everything from tracking spending to setting financial goals.
But critics say there are a number of flaws.
First of all, the sample budget offered by the site includes $0 for heating bills and even suggests getting a second job, according to Yahoo! Finance.
Rental costs? The McDonald's budget sets aside about $600 a month.
Low Pay is Not OK, a U.S. workers' rights group, called the budget advice "unbelievable."
A video making fun of the site called "McBudgeting" said workers would have to make $15 an hour before taxes to make the sample budget work.
Most workers at McDonald's and other fast-food chains make $7.25 an hour -- the federal minimum wage.
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