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You Searched For "Financial Services for Low Income Households" and got 20 results


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4 mins read

Here's where funding comes from for guaranteed basic-income programs giving money with no strings attached to low-income Americans

Basic income programs in San Antonio, Austin, Denver, and Atlanta draw funding from federal relief,…

Allie Kelly,Noah Sheidlower   


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5 mins read

Georgia gave low-income Black women $20,000 over 2 years. A participant said the money helped her afford day care and pay bills.

Shamarra Woods, 31, used her $700 a month in basic income to afford childcare, rent, and groceries …

Allie Kelly   


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5 mins read

Illinois is launching a basic income pilot for 400 families in the child welfare system in the hopes of reducing maltreatment

Illinois' guaranteed basic income program will give no-strings-attached cash to families in the chi…

Allie Kelly   


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5 mins read

Sam Altman's basic-income study is out. Here's what it found.

Sam Altman's basic-income study lasted three years and included 3,000 people, making it one of the …

Noah Sheidlower,Kenneth Nieme…   


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5 mins read

Basic income lets some parents afford toys and new shoes for their kids. One mother said it was 'life-changing.'

After paying the bills and finding housing, some parents spend basic income on clothes, toys, and a…

Allie Kelly   


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3 mins read

Economic Survey 2023-24: Where does India stand on the employment, and what's next?

While the agriculture sector has grown at about 4.18% at constant prices over the last 5 years, Ind…

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4 mins read

Philadelphia is experimenting with guaranteed income pilots for pregnant people and housing insecure families

Philly Joy Bank and PHLHousing+ are guaranteed basic income pilots in Philadelphia offering familie…

Allie Kelly   


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2 mins read

As PMAY receives a massive boost in Budget 2024, how can you sign up for the affordable housing scheme?

The Union Budget 2024 significantly increased funds for PMAY, targeting affordable housing for econ…

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6 mins read

How a Seattle couple achieved financial independence in their mid-30s with a net worth over $4 million — and why they don't want to retire early

Mai-lan Phan and her husband Ryan Wagoner achieved financial independence with a net worth over $4 …

Noah Sheidlower   


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4 mins read

A boomer from Texas retired in Panama for the low cost of living and lifestyle. She said it feels like 'Christmas every day.'

Saundra Lohr, 68, retired in Panama after living in Texas. She loves the quality of life and afford…

John Towfighi   


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5 mins read

75 artists received $9,000 each in a basic income trial. The cash helped a yarn guru to buy a house and a new car.

Fiber artist Tori Hanna used the $500 a month to replace her damaged car, cover debts and bills, an…

Theron Mohamed   


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5 mins read

A millennial couple who reached financial independence by their mid-30s but don't want to retire early share how they still save 80% of their income

Lindsey and David Barber save 80% to 85% of their income for retirement and their son's future, tho…

Noah Sheidlower   


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2 mins read

Sacramento has approved a plan to give low-income Black and Native American families $725 a month, no strings attached

Sacramento County officials approved the guaranteed-basic-income program as part of a plan to addre…

Kenneth Niemeyer   


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6 mins read

Meet the new moms using up to $700 in monthly basic income to afford childcare. It could be the answer to helping parents stay employed.

Guaranteed basic income helps some parents pay for childcare — participants and experts say it lead…

Allie Kelly   


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4 mins read

Birmingham gave single mothers $375 monthly for a year, no strings attached. Participants felt more financially stable, but 'losing the money hurt.'

An Alabama guaranteed basic income program gave single mothers $375 a month for a year. Participant…

Allie Kelly   


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4 mins read

A Gen Xer quit a $110,000 salary job in DC for one in Germany that pays less than half. He says he's more financially stable and happier now.

Kobi Smith moved to Germany after a career as an attorney in Washington, DC. He works at Popeyes an…

John Towfighi   


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2 mins read

$104,400 classes as a 'low' income for a single-person household in San Francisco, California's housing department says

The median income for a one-person household in San Francisco County is listed as $122,500. Earning…

Grace Dean   


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4 mins read

I financially support my husband while he takes care of our house. Being a female breadwinner can be stressful, but it's my greatest achievement.

Ellen Yin runs her own media business while her husband manages their household. The arrangement wo…

Kimanzi Constable   


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2 mins read

Billionaire Ray Dalio thinks universal basic income is no magic wand — and may even do more harm than good

The Bridgewater Associates founder welcomed giving people some financial "wiggle room," but said no…

Theron Mohamed   


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4 mins read

Arlington, Virginia, gave $500 to low-income families no strings attached. It helped them catch up on bills, but many still struggle to afford housing.

Arlington's Guarantee helped participants secure better jobs and pay off debts, though participants…

Noah Sheidlower