https://twocents.lifehacker.com/how-people-actually-spend-a-500-monthly-universal-basi-1838775544
125 participants from a poor city
all participants have incomes $46k or less
$500/month in the form of a debit card 18month trial basisvast Majority of people are spending the $ on basics* they track how the participants spend the $ via the debit card transactions.*unfortunately, cash withdraws is an option and the researchers rely on the participants to truthfully fill in the gaps.for this experiment, maybe they shouldn’t have allowed cash withdraws so to accurately track spending?It does seem a little small. It may not be their business to track what other people do with the money […]
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