The push for universal basic income is gaining momentum amid the pandemic - ‘The maliciousness of economic pain is being felt more widely and people are saying, “I don’t want to live in that world,”‘ said Natalie Foster, co-chair of the Economic Security Project marketwatch.com/story/the…
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📰︎ r/Futurology
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👤︎ u/speckz
📅︎ Aug 03
🚨︎ report
Why Andrew Yang's push for a universal basic income is making a comeback cnbc.com/2020/07/29/why-a…
👍︎ 44k
📰︎ r/Futurology
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👤︎ u/izumi3682
📅︎ Jul 29
🚨︎ report
A new study from Oregon State University found that 77% of low- to moderate-income American households fall below the asset poverty threshold, meaning that if their income were cut off they would not have the financial assets to maintain at least poverty-level status for three months. today.oregonstate.edu/new…
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📰︎ r/science
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📅︎ Aug 07
🚨︎ report
WIBTA if I got help from a charity, despite our joint income being very high?

My husband (38M) and I (24F) have a combined income of $60,000 per year, or thereabouts. He is the big earner at $50k and I scrape by on a much lower income part-time job. He has always been very 'protective' of his earnings, as he has worked very hard for the job he has.

Since moving in together we agreed to mostly keep our own expenses separate. If I buy things for the household, like shopping or cleaning, bills etc - we split them in half. If I go to the store I give him the receipt and he adds up how much of the items are shared and transfers me half. Anything we get for ourselves is paid for out of our own accounts, any personal expenses etc.

He does, however, pay a much higher proportion of the rent. This has worked fine for us. I do the majority of the housework to make up for not contributing as much and because I have more free time around my job.

The issue we have right now is that I m pregnant. Because of our agreement, I am expected to pay for anything medical, any bit

... keep reading on reddit ➡

👍︎ 7k
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👤︎ u/brokewife
📅︎ Aug 07
🚨︎ report
Study: Most Americans don’t have enough assets to withstand 3 months without income today.oregonstate.edu/new…
👍︎ 8k
📰︎ r/Economics
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👤︎ u/filosoful
📅︎ Aug 07
🚨︎ report
Wealthier Americans have estimated per capita carbon footprints about 25% higher than those of lower-income residents, with emissions up to 15 times higher in especially affluent suburbs. news.umich.edu/homes-of-w…
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📰︎ r/science
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📅︎ Jul 21
🚨︎ report
Philadelphia and Comcast's digital equity plan will provide free internet to low-income families inquirer.com/education/co…
👍︎ 14k
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📅︎ Aug 07
🚨︎ report
The Push For Universal Basic Income Is Gaining Momentum Amid The Pandemic - ‘The Maliciousness Of Economic Pain Is Being Felt More Widely And People Are Saying, “I Don’t Want To Live In That World,”‘ Said Natalie Foster, Co-Chair Of The Economic Security Project marketwatch.com/story/the…
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📰︎ r/Economics
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👤︎ u/speckz
📅︎ Aug 03
🚨︎ report
Experts know that reading to toddlers & babies, can make a big difference in children’s reading abilities later in school. But does giving away free books to low-income families with young children help with early reading? An analysis of 44 studies of book giveaway programs concludes that it does. nkytribune.com/2020/07/re…
👍︎ 30k
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👤︎ u/Sariel007
📅︎ Jul 30
🚨︎ report
Jack Dorsey Donates $3 Million To U.S. Mayors For Universal Basic Income Pilot Programs In 15 Cities forbes.com/sites/angelauy…
👍︎ 27k
📰︎ r/Futurology
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👤︎ u/nicko_rico
📅︎ Jul 09
🚨︎ report
cmv: Ban on sleeping in vehicles is just targeting lower-income and impoverished persons. There is no justifiable reason to have a ban on living in a vehicle in larger cities and smaller towns alike, so long as the vehicular occupant is not being disruptive or breaking other laws.

Update 3: Stop sending me bloody threats or your opinions through private message.

I received a message, and I quote "If you want people to sleep in cars so bad, why don't we have them all park outside your house, so they can sell drugs in your property, r*pe your daughters, murder your spouse, and leech off the government but pin it all on your hands?" You don't need to verbally assault someone for an opinion on any matter in the world. If you want to debate this, comment on the threat. I'm declining all PM's about the issue here on out.

Update 2: I've had a field day replying to all of you guys. I've changed my opinion a fair bit. It's a difficult topic- on one hand, morally speaking, i want to be able to make it easier for people to get off the street. But, to make it legal to sleep in a typical car, there are so many things that have to be taken into consideration- legal changes, new regulation, taxation, sanitary conditions. I've decided to retract my statement, and change my

... keep reading on reddit ➡

👍︎ 16k
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📅︎ Jul 26
🚨︎ report
Manitoba MP submits motion to convert CERB benefit to permanent basic income globalnews.ca/news/726875…
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💬︎
👤︎ u/JDGumby
📅︎ Aug 12
🚨︎ report
Wealthy Colorado parents are hiring teachers for private learning pods, leaving low-income students behind coloradosun.com/2020/08/0…
👍︎ 3k
📰︎ r/Denver
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📅︎ Aug 03
🚨︎ report
Twitter billionaire Jack Dorsey just announced he will be funding a universal basic income experiment that could affect up to 7 million people businessinsider.com/twitt…
👍︎ 25k
📰︎ r/politics
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👤︎ u/ohnoh18
📅︎ Jul 09
🚨︎ report
Abortion rates highest where legally restricted: Abortion rates are highest in countries that legally restrict access to terminations, but lowest in high-income countries where abortion and contraception are accessible, a new study has found. thelancet.com/journals/la…
👍︎ 13k
📰︎ r/science
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📅︎ Jul 24
🚨︎ report
Pittsburgh launches 'guaranteed income' program with Jack Dorsey money fox5ny.com/news/pittsburg…
👍︎ 5k
📰︎ r/news
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📅︎ Aug 03
🚨︎ report
Greenpeace wins court battle to be registered as a charity | Greenpeace has won an eight-year court battle to be registered as a charity and be exempt from income tax rnz.co.nz/news/national/4…
👍︎ 3k
📰︎ r/worldnews
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📅︎ Aug 10
🚨︎ report
Experts know that reading to toddlers & babies, can make a big difference in children’s reading abilities later in school. But does giving away free books to low-income families with young children help with early reading? An analysis of 44 studies of book giveaway programs concludes that it does. nkytribune.com/2020/07/re…
👍︎ 15k
📰︎ r/books
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👤︎ u/Sariel007
📅︎ Jul 27
🚨︎ report
Manitoba MP submits motion to convert CERB benefit to permanent basic income globalnews.ca/news/726875…
👍︎ 1k
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👤︎ u/feb914
📅︎ Aug 12
🚨︎ report
Multnomah County voters will officially decide whether to tax high incomes to fund universal preschool oregonlive.com/education/…
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📰︎ r/Portland
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📅︎ Aug 08
🚨︎ report
Calling Uber Eats couriers lazy and bigoted when they refuse to deliver to low income neighbourhoods or refuse to leave their car isn’t helping.

I deliver for Uber Eats, and I’ll be honest with you. Whenever I get a request that leads me into a low income part of town, I instantly deny the request. I’m considered a private contractor and have the right to refuse jobs that I don’t want to take. Like most couriers in the city, I only take delivery jobs from safe middle class to upper middle class areas. I’m sorry but I’m not going to risk my life or risk getting robbed for $5.00 and not to mention people from these parts either tip very little or not at all. Which is fine, tipping shouldn’t be mandatory but it also isn’t mandatory for me to accept delivery routes that lead me into non tipping zones. I’ve delivered to low income areas when I first started and I always made below minimum wage because I rarely got tipped and it takes 5-10 minutes longer to navigate in complex apartment buildings. I prefer doing deliveries in suburban middle-high income areas because they tip more generously ($5.00 average) and it’s easier to navigat

... keep reading on reddit ➡

👍︎ 2k
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📅︎ Aug 06
🚨︎ report
Why Andrew Yang’s push for a universal basic income is making a comeback cnbc.com/2020/07/29/why-a…
👍︎ 6k
📰︎ r/politics
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📅︎ Jul 29
🚨︎ report
Trump tweets that people living the 'Suburban Lifestyle Dream' won't have to worry about having low income neighbors anymore businessinsider.com/trump…
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📰︎ r/politics
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👤︎ u/Stock412
📅︎ Jul 29
🚨︎ report
Univeral Basic Income Continues to Gain Mainstream Support Due to COVID-19 washingtonmonthly.com/202…
👍︎ 16k
📰︎ r/politics
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👤︎ u/grepnork
📅︎ Jul 05
🚨︎ report
Manitoba MP submits motion to convert CERB benefit to permanent basic income globalnews.ca/news/726875…
👍︎ 441
📰︎ r/canada
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👤︎ u/feb914
📅︎ Aug 12
🚨︎ report
Spain implements guaranteed minimum income. independent.co.uk/news/wo…
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📰︎ r/Futurology
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📅︎ Jun 26
🚨︎ report
The price of a fine should depend on the income of the receiver

Imagine you earn $4000 a month and the fine is $200. That’s 5% of your montly income. Imagine you earn $50,000 a month and the fine is still $200. That’s 0.4% of your monthly income. 0.4% of $4000 is $16 to put it in comparison. Basically the richer you are the easier it is to break the law. When a fine is 5% of your monthly income, you’d probably think “oh shit” and try not to break the law. When a fine is only 0.4% of your monthly income, the chance that you wouldn’t care is big. Going over the speed limit? Who cares? You got enough money, so not you! Sure, people who are rich might “work harder”, but being rich shouldn’t put you above the law. Illegal activities basically become legal as long as you pay for them. If a fine depends on your income, no one will break the law just because they can. Make a $200 fine $2,500 for someone who earns $50,000 a month (5%) and they’ll probably think “oh shit” as well, forcing them to follow the law just like any regular person.

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👤︎ u/helyoh
📅︎ Aug 08
🚨︎ report
The economy may get better, but your financial situation probably won't. The income growth of the upper 10% and lower 90% has been diverging more and more over the past 70 years.
👍︎ 2k
📰︎ r/collapse
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📅︎ Aug 09
🚨︎ report
The inaccessibility of hockey for low income people and the immigrant community in hockey hotbed areas is a major problem for the sport and something that needs to be addressed more aggressively.

I live in the Merrimack Valley in Massachusetts, as much of a hockey hot bed area that exists in the United States. Hockey is way of life for many here, and the quality of the hockey produced public high schools here is as good as anywhere in the Country (yeah even you Minnesota).

The Merrimack valley is also one of the most diverse areas in New England, and has a large immigrant community from Latin America and Asia. Despite that, hockey in our area remains overwhelmingly white and middle class. Despite the strong presence of people of color in our region for the past 40 years, there has been essentially zero adoption of the game by Latino and Asian people here.

Lowell High School is 70% students of color, and fields an extremely competitive hockey team. That team, despite the demographics of the school, is basically 100% white kids. Up the street in Lawrence, a school that at this point is approaching 100% hispanic, has not fielded a hockey team in years, the only school in our ar

... keep reading on reddit ➡

👍︎ 4k
📰︎ r/hockey
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📅︎ Jul 20
🚨︎ report
Los Angeles, Atlanta Among Cities Joining Coalition To Test Universal Basic Income forbes.com/sites/rachelsa…
👍︎ 14k
📰︎ r/Futurology
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👤︎ u/speckz
📅︎ Jul 05
🚨︎ report
By a 1 percent margin, Oklahoma voters expand Medicaid to low-income residents nbcnews.com/politics/poli…
👍︎ 19k
📰︎ r/politics
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📅︎ Jul 01
🚨︎ report
Twitter billionaire Jack Dorsey just announced he will be funding a universal basic income experiment that could affect up to 7 million people businessinsider.com/twitt…
👍︎ 9k
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👤︎ u/ratskim
📅︎ Jul 10
🚨︎ report
States with highest income inequality also experienced a larger number of COVID-19 deaths. New York state had a mortality rate of 51.7 deaths per 100,000. This is 125 times greater than Utah, the state with the lowest income inequality and which had a mortality of 0.41 per 100,000 uclahealth.org/states-wit…
👍︎ 17k
📰︎ r/science
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👤︎ u/Wagamaga
📅︎ Jun 26
🚨︎ report
Oklahoma voters narrowly decided on Tuesday to expand Medicaid health insurance to tens of thousands low-income residents, becoming the first state to amend their Constitution to do so. cnbc.com/2020/07/01/oklah…
👍︎ 21k
📰︎ r/news
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📅︎ Jul 01
🚨︎ report
Universal Basic Income is Capitalism 2.0 - A Universal Basic Income would improve everyone’s lives, increase our free time, empower workers, and ensure everyone has food and a roof over their heads. These are noble goals, but obviously, there’s a downside, or it would already be implemented, right? timjrobinson.com/universa…
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📰︎ r/Futurology
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👤︎ u/speckz
📅︎ Jul 31
🚨︎ report
Parents make solid income but have no meaningful retirement savings and keep joking that it’s okay because I’ll take care of them financially .... how do I handle this?

My parents own their own business and make about $100,000 per year. They have less than $100,000 in savings (which I think is just in cash), and are about to turn 60. Luckily they almost have their house paid off, but they spend money constantly with no plan for how they will provide for themselves when they can no longer work. They just bought a new $60,000 car (financed) and are constantly shopping and eating out. That is, they quite literally spend every dollar they make and then some.

They know my husband and I are frugal and have the means to take care of them. They regularly “joke” and say they don’t need to save for retirement because we’ll “put them on the payroll.”

I’ve told them, quite directly, that that will not happen and I have no plan to provide for them financially. My problem is, they’re still my parents, and I don’t want them to starve (so I get pretty stressed by it). They will likely only get the bare minimum social security retirement (a lot of their spending

... keep reading on reddit ➡

👍︎ 465
📰︎ r/fatFIRE
💬︎
📅︎ Aug 06
🚨︎ report
Spain approves national minimum income independent.co.uk/news/wo…
👍︎ 74k
📰︎ r/worldnews
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👤︎ u/Druco
📅︎ May 29
🚨︎ report
Billions of people need basic income, says UN body: A temporary basic income for more than 2.5 billion of the world's poorest people is "desperately needed" as infection rates spike in developing countries, said the UN Development Program dw.com/en/coronavirus-bil…
👍︎ 3k
📰︎ r/worldnews
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📅︎ Jul 23
🚨︎ report
Anyone else here not looking to "get rich quick with passive income", but rather "make solid income working for yourself being able to work from anywhere and never answer to a boss ever again". It doesn't have the same ring but it sounds like a dream.

Everyone wants to be rich working for themselves (or better yet, getting rich off passive income), but if I can work from my computer (aka work anywhere I want) and not have to answer to anyone, and make a solid living, I don't care if I have to grind 80 hours a week to get there and still work 40 hours a week to maintain it, if I can work for myself and make my own hours wherever I want, that's all I care about.

Anyone else in the same boat?

👍︎ 2k
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📅︎ Jul 27
🚨︎ report
Racist In Chief: Trump Says Suburbanites Will ‘No Longer Be Bothered’ By Low-Income Housing talkingpointsmemo.com/new…
👍︎ 3k
📰︎ r/politics
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📅︎ Jul 29
🚨︎ report
How can the next administration address income inequality? What are the most effective policies to achieve this?

Over the past 40 years income inequality in America has become worse and worse. Many people are calling for increased taxation on the rich but that is only half the story. What I find most important is what is done with that money. What can the government do to most effectively address income inequality?

When I look at the highest spending of average americans, I think of healthcare, and rent/mortgages. One of these could be address with M4A. But the other two are a little less obvious. I've seen proposals to raise the minimum wage to $15 and also rent control. Yet the two areas that have implemented these, New York and California remain to be locations with some of the highest income inequalities in America. Have these proven to be viable policies that effective move income inequality in the right direction? Even with rent control, cities with the highest income inequality also have the highest rates for increasing home prices, including San Fran, DC, Boston, and Miami.

... keep reading on reddit ➡

👍︎ 318
💬︎
👤︎ u/Visco0825
📅︎ Aug 12
🚨︎ report
We need universal basic income
👍︎ 6k
📰︎ r/tumblr
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👤︎ u/lol62056
📅︎ Jul 23
🚨︎ report
Millions of Americans are going hungry as the pandemic erodes incomes and destroys communities nbcnews.com/business/cons…
👍︎ 3k
📰︎ r/news
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📅︎ Jul 12
🚨︎ report
Twitter’s Jack Dorsey Is Giving Andrew Yang $5 Million to Build the Case for a Universal Basic Income rollingstone.com/politics…
👍︎ 49k
📰︎ r/Futurology
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👤︎ u/nicko_rico
📅︎ May 21
🚨︎ report
'Our generation's NHS': support grows for universal basic income theguardian.com/society/2…
👍︎ 303
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📅︎ Aug 11
🚨︎ report
International trade and Brexit | "With the exception of heavily criticised work by the Economists for Brexit there has been little attempt to argue that Brexit will benefit the UK economy. Instead, plausible estimates put the likely fall in long-run UK income per capita at between 1% and 10%" ukandeu.ac.uk/internation…
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📰︎ r/ukpolitics
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📅︎ Aug 11
🚨︎ report
How is socialism a better economic system than capitalism for low income earners?

[Market-Socialists]

Under a capitalist framework, the only thing which a worker is expected to bring to the table is their labour. A financial contribution to the company is not expected. The upside to this is they take no financial risk when they start working for a given company. The downside is they are not entitled to the profits that the company makes, as those go to whoever is taking on the risk of investing their capital in the company, be that the owner or the shareholders.

Socialists argue that this framework is “immoral” and “exploitative”, and that the workers are the ones who should own the means of production in all circumstances. They should be the ones receiving the profits, because they are the ones who make the product or provide the service to the customer directly.

Of course, what they will often neglect to mention is what would happen if the company they work for went bankrupt. Under capitalism, the capitalist has to recoup the losses the company sustained to p

... keep reading on reddit ➡

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💬︎
📅︎ Aug 10
🚨︎ report
Boris Johnson has rejected a plea from Marcus Rashford to reconsider the government’s decision not to extend its free school meals voucher system for low-income families over the summer holiday period. theguardian.com/football/…
👍︎ 18k
📰︎ r/soccer
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👤︎ u/KimmyBoiUn
📅︎ Jun 15
🚨︎ report
The working from home revolution - how will it affect our disposable income

Hello, I’d like to gather peoples thoughts on the future of office work. The main thought in my mind is the salary difference one can get when working in London. In my sector the starting salary is around 28k but in London it is about 33k. What is to stop people now working a ‘London’ job but from their home in the north. Will this lead to a more even distribution of wages?

Secondly, the cost of renting office space is huge. My company pays £250k a year for an office in the midlands and in city centres this could easily be over a million. Can an effectively managed workforce operating from their homes cause a reduction in office rent costs, and can this saving be passed on to the staff in the form of higher pay?

Thirdly, my savings on commutes and having to rent a flat near work have totalled around £350 a month. This is £4K a year! I now have the same take home pay as I would have had with 5 years extra experience.

Has our working life changed forever?

👍︎ 260
💬︎
👤︎ u/gboselecta
📅︎ Aug 08
🚨︎ report
Study: Most Americans don’t have enough assets to withstand 3 months without income today.oregonstate.edu/new…
👍︎ 539
📰︎ r/economy
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👤︎ u/Peugeot905
📅︎ Aug 07
🚨︎ report
Children who attended the early childhood education program Head Start go on to earn higher incomes and obtain more years of education as adults than similar children who were not able to attend Head Start. journals.uchicago.edu/doi…
👍︎ 43k
📰︎ r/science
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📅︎ Jun 10
🚨︎ report
F1 income crashes from $620m to $24m during lockdown motorsport.com/f1/news/in…
👍︎ 764
📰︎ r/formula1
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👤︎ u/Omk4r123
📅︎ Aug 10
🚨︎ report
Hit 300k NW. My story as a 27 y.o. female, immigrant, minority, and growing my income from 32k > 150k.

I’ve been reading this sub since 2015 and with the encouragement of my partner, finally decided to post. Throwaway so I can share #s and answer your questions.

Background: daughter of two immigrants, I was born outside the U.S. but raised here from a young age. My parents are some of the most disciplined and frugal people I’ve ever met - probably due to growing up poor in rural India. We were low income as I was growing up but my parents worked hard and are solidly middle class now. I got what I needed as a child but rarely anything more.

College: Luckily I loved school and got good grades. Landed a generous scholarship and went to a small liberal arts school. Thinking I wanted to be a lawyer, I got the equivalent of a poli-sci degree. Graduated at 20 years old, and became the first person in my family to get a college degree.

Post college: Had a crisis while taking the LSATs and applying to law school. Decided being a lawyer wasn’t going to be for me and withdrew my applications.

... keep reading on reddit ➡

👍︎ 3k
💬︎
📅︎ Jul 18
🚨︎ report
[everyone]Universal basic income (UBI)

What's your thoughts on UBI? I believe, even though i am a capitalist, that UBI will solve many problems in the future.

The only thing that bugs is the implementation of UBI. A bad implementation of UBI perhaps it will create more problems than it will solve.

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👤︎ u/FarosSs
📅︎ Aug 05
🚨︎ report
I [23] am starting my first job out of college with a salary that is life-changing for me. I'm concerned about how quick a transition this will be, and if anyone has any advice or experience to share with a sudden shift in income level, I'd appreciate it greatly!

For reference of my situation, I put myself through college while working full time and earning roughly $15 / hr, 40 hrs a week in an area with very low cost of living (up to this point I have been doing "fine" on this salary). I will now be making roughly $75,000 base with a large bonus incentive, along with a $5,000 signing bonus off the bat. I am $30,000 in college loan debt, but have no other real debt. Though this may not be relevant, I want to give some context as to how big of a jump this will be. However, general advice would be greatly appreciated as well. I just have never had money as an adult and I want to be sure I'm paying off loans / saving as much as I can / spending my income on things that will effectively improve my quality of life.

EDIT: Wow, thank you all for taking the time to respond. The post has been locked so I can't respond to comments right now, but hopefully it opens up again soon. To elaborate more on some frequent questions asked below that I can't respo

... keep reading on reddit ➡

👍︎ 988
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📅︎ Jul 26
🚨︎ report
IWTL How to invest in stocks in order to build a sustainable source of income and be financially free in the future.

I was always interested in this topic, but never really knew where to start. If you could link me to some introductory books or courses or things like that I would really really appreciate it!

👍︎ 863
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👤︎ u/akabdeen
📅︎ Aug 09
🚨︎ report
LibDems: Let’s become the Party of the Universal Basic Income libdemvoice.org/lets-beco…
👍︎ 187
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📅︎ Aug 08
🚨︎ report
Feels impossible to save for retirement and purchase a house on a single income

My wife and I (30m) have been wanting to purchase a new home for a while. We currently don't have kids but plan on having kids at some point. I am currently the only one working and earning 75k/yr. We live in the midwest US.

The following is the breakdown for each paycheck:

  • 6% 401k
  • $125 HSA
  • $400 Roth IRA
  • $110 for Medical, Vision, and Dental

This nets us about $1,500/paycheck.

Now the expenses:

  • Rent - $1256
  • Utilities - $120
  • Internet - $ 50
  • Cell Phone - $100
  • Life insurance - $64
  • Car payment - $344
  • EDIT: Groceries/Household things - $800
  • Gas - $150

Net: A measly $130

Savings:

  • Emergency: $ 10k
  • Savings Account: $ 18k
  • Retirement accounts: $ 60k

My wife is currently studying for school (dentist in Australia) so she has to pass some exams here and then would have to 2 years of dental school in the US. She has missed the passing marks by a narrow margin in the past 2 attempts and we're thinking this might be her last attempt in December.

If she passes

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📅︎ Aug 12
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It's time to take a 'leap of faith' and test basic income in Canada, says senator cbc.ca/radio/asithappens/…
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📅︎ Jul 09
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Right, that ought to do it. This thread was filled with others making dubious income claims...
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📰︎ r/antiMLM
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👤︎ u/tierneyb
📅︎ Jul 27
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The 6x6 political compass but it's a low income apartment building in a multicultural UK city
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👤︎ u/UNFLAIR3D
📅︎ Jul 24
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U.N. report suggests temporary basic income to help world's poorest amid pandemic reuters.com/article/us-he…
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📰︎ r/worldnews
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📅︎ Jul 23
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Wealthy Colorado parents are hiring teachers for private learning pods, leaving low-income students behind coloradosun.com/2020/08/0…
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What does it take to crack a $300k+ income in your field?

I'm curious how hard it is to crack a $300k salary in your respective fields? I'm in my late 20s and am looking at a career change and just thought it would be interesting to get a realistic perspective on what it takes to crack that barrier.

How long does it take, what percentage of people make it there and what sacrifices do they have to make to get there?

And finally, would you recommend it?

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📰︎ r/AusFinance
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📅︎ Aug 11
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Top 20 occupations by median income
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📰︎ r/AusFinance
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📅︎ Jul 17
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Manitoba MP submits motion to convert CERB benefit to permanent basic income globalnews.ca/news/726875…
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📰︎ r/Winnipeg
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👤︎ u/Armand9x
📅︎ Aug 12
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Wealthy Colorado parents are hiring teachers for private learning pods, leaving low-income students behind coloradosun.com/2020/08/0…
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📅︎ Aug 03
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Young people's incomes have fallen over past decade as older Australians powered ahead, report finds abc.net.au/news/2020-07-3…
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📰︎ r/australia
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👤︎ u/D37ekdbw
📅︎ Jul 30
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Senators tell Ottawa to consider a universal basic income for economic recovery theglobeandmail.com/canad…
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📰︎ r/canada
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📅︎ Jul 16
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“Low income family should not reproduce before they got money to fund their children”

A pretty common argument from Liberals in my country, where they blame the low income parents for being poor, this argument just doesn’t sit right with me but how would a socialist respond?

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👤︎ u/awil003
📅︎ Aug 11
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Trump tells suburban voters they will 'no longer be bothered' by low-income housing. cnbc.com/amp/2020/07/29/t…
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📰︎ r/politics
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👤︎ u/re-tardis
📅︎ Jul 29
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Living by myself again for the first time in 15+ years, with good disposable income. What would you do/buy if it was you?

Not going to say much about the situation itself because I don't want it to become a relationship discussion. But I will be living by myself again for the next year after having lived with either roommates or SO for at least the last 15 years. I will have a space that's my own again, and while I don't really prevent myself from doing what I want in my current situation, people with roommates or SOs will know that you can never really 100% not take that into account. The goal of us doing this is to grow as individuals separately and explore our own desires and wants, but it's a little hard to think of how it will be after having spent so long always living with someone else. I also have a much better disposable income than when I was last living alone.

So far I have thought of relatively shallow things like upgrading my PC, playing video games all day, and being able to set up my space exactly how I want it. But I am trying to think of as many things as possible since the goal is

... keep reading on reddit ➡

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📅︎ Aug 10
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Finnish basic income pilot improved wellbeing, study finds theguardian.com/society/2…
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📰︎ r/science
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👤︎ u/Fosse22
📅︎ May 07
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Ivanka Trump and Jared Kushner earned at least £27.6 million in outside income last year, new disclosures show independent.co.uk/news/wo…
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📰︎ r/politics
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👤︎ u/Zoidberg22
📅︎ Aug 01
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For those who are already monetized, do you make decent income? Or make enough to replace what would be a full time job?

Im not thinking of leaving my day job or anything, but I was just curious.

I do know that views count more (ad is watched etc).

Update: Just to be clear, when I say decent income or full time job, I mean enough to pay your bills and at least have a good amount of take home (let's say $300 to $500)

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📰︎ r/NewTubers
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👤︎ u/lehgotama
📅︎ Aug 12
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Quadrants react to income by ethnicity
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📅︎ Aug 10
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Los Angeles, Atlanta Among Cities Joining Coalition To Test Universal Basic Income forbes.com/sites/rachelsa…
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📰︎ r/Economics
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👤︎ u/speckz
📅︎ Jul 05
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What do you do WITH your Beermoney? Does anyone invest it to create ADDITIONAL passive income?

Like many here, and as the name suggests, I originally used these generators for a little xtra cash to burn each month on fun for myself and my family. However, has anyone else reached the point where they don’t actually want or need to spend it on “beer”? Personally, I am converting the returns each month into a dollar pegged cryptocurrency, and parking it into a high interest wallet, to gain additional returns.

What do you do with it?

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📰︎ r/beermoney
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👤︎ u/Joesfolly
📅︎ Aug 07
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We need universal basic income
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📰︎ r/antiwork
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👤︎ u/jer2468
📅︎ Jul 23
🚨︎ report
Teaching Couple 30 y.o. NW at $360k. Income from $30k > $190k at International Schools.

I've been reading this sub for quite a few years and after seeing that a large amount of posts involve those from the tech sector, I thought I'd share a FIRE journey for a US teaching Couple but with a slight twist. All of the figures below are our household networth and combined salaries.

Right out of college and after becoming US teaching certified, my partner and I, looking to travel and experience a different culture, took the jump to teach in China. Honestly, outside of having a family member who worked as a corporate transfer in a nearby city, we didn't fully know what we were getting into. There's only so much online research you can do! The initial plan was to teach for a year or so at an international school and then return to America after completing our contract. Little did we know that we'd still be overseas teaching at international schools 8+ years later!

Due to our lack of experience, our first job was at two different small bilingual schools with foreign department

... keep reading on reddit ➡

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📅︎ Jul 20
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Rent is nearly ~50% of my income. Is this common?

Have been looking around recently at places to rent in my area and the average price for renting is around 1400~(utilites included)/ 1100 w/o. If i could, i would prefer not to have roommates, and i don't currently have anyone what i would consider for it.

I'm 19 taking home about 750/week. I understand this this is a CONSIDERABLE portion of my income for rent, but is this common?

In terms of expenses i have:

430$/month Car Insurance

171$/Bi-Weekly Car Payment

75$/month Phone bill

40$/month Spotify, Youtube, Netflix

100$/month Gas

if i was to pay 1400 for rent, i'm leaving myself with 600$ left a month for food, internet, etc. Im currently in a trade, working full time and taking part time night classes for my apprenticeship. I'm working 50hrs/ week and have 8 hrs of classes a week.

I thought that i was in a fortunate position for someone my age, and yet i still can't even get an apartment to myself. It's really hitting me quick how terrible it is for someone to be trying

... keep reading on reddit ➡

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📅︎ Jul 19
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AITA for telling my wife we can't finish paying off her student debts because we're going through a transition period and might need disposable income?

My wife finished college about a year and a half ago. She decided she hated the field she studied for and has been working at a fast food place for just over minimum wage ever since. I'm fine with this because it's what makes her happy, but it's meant that the responsibility of paying off her student loans has fallen heavily on me. She had just over $32,000. I'm in the military and by making a pretty bare bones budget my job pays for all of our living expenses and lets me put $1400 -$1600 in her student loans every month. She pays around $600-$800 a month depending on how many hours she works.

In response to Covid interest on student loans has paused. Because of this we've been putting all that money into a savings account. Recently it reached $10,000, we only have $7,000 left to pay meaning we'd have $3,000 left over if we payed it off right now.

My problem is that the military is making us move soon and we're about to have several costs that I think could easily make us go over t

... keep reading on reddit ➡

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📅︎ Aug 03
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Mitch McConnell floated a $40,000 income cutoff for a 2nd round of stimulus checks. That could leave out 20 million Americans who benefited from the first wave. businessinsider.com/mccon…
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📰︎ r/politics
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👤︎ u/geoxol
📅︎ Jul 10
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People don’t seem to understand that your income is not only based how hard you work but also how much value and skill is involved.

I hear it so often today that people shut down people who work hard and have been successful by saying something like “so what? This person works hard too. He works 50 hours a week between two jobs at two different restaurants.” These people don’t seem to understand that it’s not just how hard you work but also what you bring to the table. I’ve worked in corporate sector for many years now and I know that these managers and directors make like $200-300k a year and they work 50-60 hours a week. This is close to what these restaurant workers are putting in but they are also in charge of so many people and so much money involved. They also probably went to good schools and learned higher level skills.

Or even small business owners that have done well. You’re not spending 50 hours a week flipping burgers or waiting tables. You are spending that time doing research, understanding the market, looking at your finances, contacting clients, etc. all of which takes MORE skill and brings more v

... keep reading on reddit ➡

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📅︎ Jul 31
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Pennsylvania uses 'weighted lottery' to distribute lifesaving remdesivir in favor of low-income patients foxnews.com/media/pa-hosp…
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📰︎ r/medicine
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📅︎ Jul 31
🚨︎ report
Forget UBI, says an economist: It's time for universal basic jobs - Economist Pavlina Tcherneva seizes this once-in-a-century moment to posit a spending program more ambitious, and likely more effective, than minimum wage hikes and universal basic income. latimes.com/entertainment…
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📰︎ r/Futurology
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👤︎ u/speckz
📅︎ Jun 26
🚨︎ report
President Trump: "The “suburban housewife” will be voting for me. They want safety & are thrilled that I ended the long running program where low income housing would invade their neighborhood. Biden would reinstall it, in a bigger form, with Corey Booker in charge! @foxandfriends @MariaBartiromo" twitter.com/realDonaldTru…
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📅︎ Aug 12
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Doug Ford is Quietly Set to End Emergency Social Assistance For Low-Income Workers and People With Disabilities pressprogress.ca/doug-for…
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📅︎ Jul 21
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'Lost decade' of income growth for under 35s. smh.com.au/politics/feder…
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📰︎ r/australia
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👤︎ u/flatman_88
📅︎ Jul 29
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The GOP’s Bailout Bonanza — Republicans claim that policies like Universal Basic Income are unaffordable, even as they funnel billions to corporate executives. progressive.org/dispatche…
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📰︎ r/politics
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📅︎ Jul 20
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Universal Basic Income vs Negative Income Tax
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📰︎ r/neoliberal
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👤︎ u/Cuddlyaxe
📅︎ Aug 09
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