Fast Food Workers Costing the Nation Money

When you walk into the local McDonald’s or other fast food chain, you probably don’t think much about the person who serves you. According to a recent study conducted by researchers at Berkeley and the University of Illinois, however, maybe you should; it turns out that the person handing you your fries is probably costing you a lot of money in taxes.

The aforementioned study discovered that the vast majority of those who work in the fast food industry receive public assistance, and that the public assistance received by fast food workers alone adds up to a whopping $7 billion per year.

Don’t be so quick to think that all fast food workers are young teens just trying to make a buck either. No, the survey found that the average age of the fast food worker was 28. Furthermore, the average fast food worker doesn’t have a lot of knowledge when it comes to financial planning, a fact that could perpetuate the problem.

No matter what you do or where you currently are in life, know that there is a way to avoid government assistance and to make the most of your money. That way is through financial planning that’s specifically suited to your life and income. You can get help planning your financial future by visiting Platinum Financial Associates of Naperville.