BankThink ‘Social Security for all’: Is universal basic income the answer to volatility?

As many as half of U.S. households experience what researchers call "income volatility," meaning their income can go up or down by 25% or more from one month to the next — a statistic we reported on in " When there’s too much month at the end of the money ."

How to help people cope with these fluctuations has become a hot topic, especially among those who work in the financial inclusion sector. Several speakers talked about this challenge at the annual Emerge conference that the Center for Financial Services Innovation hosted in Austin, Texas, earlier this summer.

Elizabeth Rhodes […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.