Recent findings from over 40 guaranteed income programs in California reveal an insightful trend: recipients are prioritizing essential needs over discretionary spending. This initiative, part of a broader examination into how unconditional cash support can influence economic stability, shows a mere 3% of funds are used for travel, leisure, or entertainment. Instead, a significant portion of financial assistance is allocated towards basic living expenses, employment-related costs, and other necessities. Understanding Spending Priorities
According to a 2022 report by CalMatters, participants in these no-strings-attached aid programs overwhelmingly direct their funds towards essential needs. Detailed analysis indicates that expenditures mainly cover […]
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