People had different needs, from diapers to car repairs, funeral costs to surgery, and speeding tickets to professional licenses
A three-year study that looked at what happened when people were given monthly no-strings-attached $1,000 cash payments found that higher-income and low-income earners spent the money very differently, according to a new report by OpenResearch, a nonprofit founded by OpenAI CEO Sam Altman.
The study by the nonprofit OpenResearch found that overall, participants’ financial health improved during the three-year period, "driven by a combination of improvements in self-reported financial well-being, higher savings as a share of income, and greater financial resilience and […]
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