We Lived on Portuguese Minimum Wage and This Is What Happened
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- เผยแพร่เมื่อ 17 พ.ค. 2024
- Minimum wage in Portugal is currently 820 euros a month. Josh and Kalie from ExpatsEverywhere take the challenge of living off of this for 30 days. Will they be able to do it? How does it feel? Could you do it?
Join our Patreon community and see unedited parts of the challenge: / expatseverywhere
* ABOUT US *
Josh and Kalie left the US for a life abroad in 2009 and haven't looked back. They have lived in Spain, South Korea, Saudi Arabia, Singapore, and are currently in Portugal. Yes, they realize they only moved to countries starting with the letter "S" until they spoiled that streak with their move to Portugal. Follow ExpatsEverywhere as we aim to get information to you through expat interviews, city breakdowns, expat life, travel, vlogs, and more.
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Thank you for all the comments. We've read through a lot of them and for the sake of time, we'd like to put a few notes here to give more context for those that commented already.
From $7K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
This is what it is like living on a fixed income such as Social Security or a pension. If you get sick, need car or home repairs, or have other unexpected expenses, you have to cut something else like food. Or take money from your savings if you have any. Every day is a constant struggle just to pay bills, and it's exhausting to worry about money all the time. If you are alone, you have half of what you two had, plus the burden of managing everything yourself. It is not a good life.
I live in California, the richest US state, and the world's 5th economy, and people here living on minimum wage are either homeless or living in very serious and difficult conditions, and if they get seriously sick they go broke or die because of the disease, that doesn't happen in Portugal.
Most Portuguese community are very disciplined with money, they can make the most with what they have. They live better with little every month, with healthy home cooked meals, that proves that, at the end of the day less is more ...be happy😊
This was a weird one for me. An interesting experiment, but the fact that you know it finishes in 30 days, absolutely clouded your approach. I'm not saying that to be mean, it was a given that it would. The biggest problem with this experiment, was that there was no intention to save money. None. As someone who was making minimum wage(with my wife) for 9 months, 30 years ago in London, there IS NO MONEY for eating out and drinking alcohol multiple times in the month. We had to eat at home every night. There was no money for watching live sports. There was no money for buying coffee "out". The reason that there was no money for these things is that we HAD TO save money for our future. If you had set aside a reasonable amount to put into an imaginary savings account, it would have been more realistic. You would have been forced to approach it more seriously. Honestly, you lived more in one month, than we did in 9 months, because of the lack of needing savings planning.
local portuguese who earn 800/month do not live in the more rural area. Go for Central Portugal, rent is half of what you are paying now....If a person earn 800 euros/month, he/she rents a room 200E to live. Not the whole apartment.
This is how I live in Greece at age 75, with one small pension from Austria and on from the US. I am here helping my daughter care for her grandchildren. I can get by, but it is depressing after a while, especially if you are capable of working.
Not that it makes much of a difference, but in Portugal u get paid an extra 2 minimum wages a year or 1,640 euros. Plus most employers pay daily food subsidies as they don't pay ss or income taxes on it. A bit like health insurance in the US.
The first challenge is to get a good rent for 700 euros. If you survive that, everything else gets "easier"...
Definitely an eye opener for how the Portuguese people try to survive on this minimum wage, explains why many don’t go out much and bring the party home. Thanks for this amazing video. 😊
Hi Josh and Kaylie, Marianne from the San Joaquin Valley in California. What a great experiment. To put your money where your mouth is! When you say "travel is transformative" you are serious. Emersive experience indeed. I worked out that money for a single person and it would require a rented bedroom to have any funds at all for food. I think the very best part is the engagements with other people on a limited budget. The games, and the children's events, as well as the social outings (and inings at home) were valuable to thrive anyway, budget or not. I was going to use the word endure, but this was about humans going beyond a drudge of endurance. Takes intelligence and some joy to work it out. Congratulations, good job.
Minor hack..if you allow 100 euros to be withdrawn from your Millennium checking each month and put in your savings, the monthly fee drops to 5 euros per month. If you withdraw from savings back to your checking account in any given month, the fee goes up for that one time withdrawal.
You guys are amazing. That was very thoughtful. I see Americans bragging about how cheap things are. Well, things are not so cheap when salaries are so low. Americans are very spoiled, salaries wise.
Super cool experiment. Shows how tough it is… great as a 30-day challenge to create awareness, but can’t imagine the reality of that as life. Great work putting this together. Cheers.
Having been with a credit union in the states forever, I was surprised, when trying to help my sister with her finances, that banks actually charge a fee for keeping YOUR money that they then loan out to others and collect interest on. More people need to find ways to avoid these fees and shop with your dollars!
It's reality that many live on this slim a budget. What you've done is also a lesson in empathy.
Hi Josh and Kalie,
Thanks guys for going through that. One of my favourite videos.
Who would have thought that watching someone’s spending budget could be so riveting 😀, Well done!