And it recently got worse for me as I found out I will need to pay for my own health insurance because my full-time employer is dropping our employer-sponsored health insurance due to the Affordable Care Act.

Maybe if the minimum wage is raised to, oh say $50 per hour and companies are forced to pay that much, this problem will be taken care of.

76% of Americans are Living Paycheck-to-Paycheck

NEW YORK (CNNMoney)
Roughly three-quarters of Americans are living paycheck-to-paycheck, with little to no emergency savings, according to a survey released by Bankrate.com Monday.

Fewer than one in four Americans have enough money in their savings account to cover at least six months of expenses, enough to help cushion the blow of a job loss, medical emergency or some other unexpected event, according to the survey of 1,000 adults. Meanwhile, 50% of those surveyed have less than a three-month cushion and 27% had no savings at all.




http://money.cnn.com/2013/06/24/pf/emergency-savings/index.html