7. Free money makes life easier, according to a study of Birmingham’s “Embrace Mothers” guaranteed income pilot program, which ran from February 2022 to February 2023, revealed significant benefits for participating single mothers. The program, which provided $375 per month to 110 selected mothers, led to improved financial wellness, more quality time with children, reduced work issues related to childcare, and increased educational aspirations. Funded through private contributions, the initiative allowed participants greater flexibility in work choices and contributed to better financial health, including reduced utility debt and increased savings. It’s no shock the study also highlighted the emotional […]
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