McDonald’s offers online budget advice for employees
The average McDonald’s employee makes $8.25 per hour, and the company is offering workers money management advice for living on low wages.
McDonald’s partnered with VISA to create a website that offers budgeting advice, resources and games for the company’s workers.
McDonald’s offers employees the “Practical Money Skills Budget Journal” as a “great first step toward taking control of your money.”
The site suggests a sample budget journal which suggests a worker would have earnings from two jobs, not from a single employer.
The sample budget journal suggests zero dollars for heating and does not include groceries, gas for a vehicle, retirement, entertainment or gift expenses or medical expenses beyond $20 per month for health insurance. It does, however, include a suggested $27 per day spending money, from which those items might be taken.
The budget journal is part of a series of money-management tools McDonalds offers employees online.