by Helen Jarvis (@hjarvis21)
EARLIER this month a new National Living Wage of £7.20 was introduced, the new wage is compulsory for all working people over the age of 25.
The National Living Wage was introduced on the 1st April 2016, and the government has a target to increase it every year.
They are aiming for the National Living Wage to be at £9.00 per hour by 2020. The wage will give many people an extra 50 pence per hour.
The adult national minimum wage is at £6.70 and will still apply for workers aged between 21 to 24.
Full time worker Elizabeth Smith has worked all of her life and thinks the National Living Wage is a good idea but worries for the future.
She said: “It is a good thing and the extra 50 pence will help but for many people like me it usually goes on other bills so you don’t really get to see the benefits.
“Whether you’re in a big family or just on your own like me, it can be very hard having enough money to pay all the bills and you find that the only choice you have is to work full-time and try and earn as much as you possibly can.
“A lot of people are struggling at the moment and just managing on a daily limit of how much they can spend so this will hopefully help lots of people and make life easier for them.
“The idea works but with the government wanting to increase it in the future, I’m not sure how that will affect jobs in the long term.
“Hopefully the new National Living Wage will be great for everyone and really make an impact for all families.”
Elizabeth Smith talks about how she manages daily in the audio below.