A California city gave some residents $500 monthly stipends. Here’s the breakdown of how they spent the money over one year.

Recipients of basic-income in Stockton, California, received monthly stipends on a debit card. Rich Pedroncelli/AP Photo In Stockton, California, 125 residents got $500 per month , no strings attached, for two years.

After a year, the trial results showed that most of the money went toward food and merchandise.

Less than 1% was spent on alcohol or tobacco. Visit the Business section of Insider for more stories . For two years, 125 residents of Stockton, California, collected $500 from the city on a prepaid debit card every month. They could spend it however they wanted.To qualify for the program, […]

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