New Louisville program will pay select youth $500 a month to help with financial independence

New Louisville program will pay select youth $500 a month to help with financial independence

Louisville is launching a new program, aimed at lifting young adults out of poverty.

Earlier Friday, Mayor Greg Fischer joined the United Way and other community partners to announce the start of the program called "YALift!"

Sign up for our Newsletters The pilot program targets 18-24-year-olds in the California, Russell and Smoketown neighborhoods, giving them $500 a month, for the next year, with no restrictions, as they pursue higher education, learn a trade, or start a career."We are driven by the possibility of more of our neighbors achieving the goals we all share for ourselves and our families: health, safety, […]

Louisville pilot program guarantees some young adults will receive basic income payments for one year

Louisville pilot program guarantees some young adults will receive basic income payments for one year

Guaranteed income aims to cover residents’ basic needs. The idea is to alleviate some financial burden so that they can focus on achieving stability. That can mean higher education, learning a trade and even saving up to break out of the paycheck-to-paycheck living cycle.

At a press conference on Friday, Louisville Mayor Greg Fischer announced the city is launching a pilot program that will provide some young adults with a basic income to give them a chance to explore different options and opportunities..

“The goal is to provide a foundation for young people transitioning to the working world, especially at a […]

Tata AIA Life launches Fortune Guarantee Pension plan – Check details

Tata AIA Life launches Fortune Guarantee Pension plan – Check details

In case of the annuitant’s death, the nominee is also entitled to receive Death Benefit. Tata AIA Life Insurance has launched their Fortune Guarantee Pension, a flexible annuity (guaranteed income for life) plan that will offer multiple guaranteed income options.

The company claims that the pension plan will aim to help consumers bridge the gap in terms of adequate retirement planning and income, gain financial freedom, and lead a carefree life by encouraging savings from an early age for the policyholder and the spouse. Ensuring a comfortable lifestyle throughout one’s life, especially at retirement, is an often-neglected priority in financial […]

Stimulus Check 2022: Financial Aid For Artists

Stimulus Check 2022: Financial Aid For Artists

Mayor Darrell Steinberg of Sacramento has proposed a Guaranteed Basic Income for Artists. Yes, the city proposes to provide government assistance payments to those who do not need it and are self-sufficient.

Guaranteed income schemes frequently divert funding away from the most disadvantaged, who are most likely in need of assistance. This government slush money is the reason why so many able-bodied employees are choosing to stay at home rather than work. Stimulus Check Will Be Provided To Struggling Artists

Most struggling artists, including musicians and performers, supplement their income by working another job until they are established. […]

Former Stockton Mayor Michael Tubbs launches nonprofit to end poverty in California

Former Stockton Mayor Michael Tubbs launches nonprofit to end poverty in California

CalMatters Former Stockton Mayor Michael Tubbs, who made a political name championing a guaranteed income program , is hoping to take his policy ideas statewide by launching a new nonprofit aimed at reducing poverty in the Golden State.

Tubbs, who relocated to Los Angeles after losing reelection in 2020 and now serves as an economic adviser to Gov. Gavin Newsom , will lead End Poverty In California a (EPIC), which he said will advocate for a broadening of California’s safety net, as well as making changes to statewide housing, criminal justice, workplace and wage policies that he argues contribute to […]

Sacramento Proposes Guaranteed Income to Local Artists

Sacramento Proposes Guaranteed Income to Local Artists

The coronavirus pandemic is tough on people of all professions, including artists. To help this group, the City of Sacramento is considering giving a monthly salary to local artists. This kind of coronavirus incentive for artists is actually part of the city’s Guaranteed Basic Income. Q4 2021 hedge fund letters, conferences and more Coronavirus incentive check for artists

Sacramento Mayor Darrell Steinberg has proposed a pilot program to support the city’s creative economy. This corona incentive check for artists is, if approved, an unconditional payment.

“Basic income programs have shown positive outcomes for individuals and families, and we are eager […]

Forbes: Reverse mortgage could help calm ‘jittery nerves’ of retiree investors

Aditya Vyas As the stock market shows more regular signs of increased volatility due to ongoing concerns related to the COVID-19 pandemic and inflation, older Americans who are active in the market might find that a tool like a reverse mortgage could present some stability, and a potentially calming influence for those nerves in specific situations. This is according to Steve Vernon, president of Rest-of-Life Communications and former consulting research scholar in the financial security division at Stanford University’s Center on Longevity.

“For most retirees, there’s a good chance you’ll experience a few more stock market dips and crashes during […]

Earn a Guaranteed Income of £33,800 as a Live-in Carer

Bia’s Jewellery Designer Location: England

Together, let’s make a difference!

Earn £33,800 per year and receive salaried benefits as a live-in carerAs a live-in carer, you will play a vital part in the success of our business, and we want you to feel as important as you are. Here at Helping Hands, we are the first home care provider to introduce a brand-new guaranteed hours contract with all the benefits of a salaried employee.What are these benefits? Annual salary of Up to £33,800 Free food and accommodation 28 days paid annual leave Ongoing support from your local […]

Sacramento Mayor Proposes Guaranteed Basic Income for Artists

Sacramento Mayor Proposes Guaranteed Basic Income for Artists

Sacramento City Hall. (Photo: cityofsacramento.org) Sacramento Mayor Darrell Steinberg is proposing a Guaranteed Basic Income for Artists. Yes, the city is proposing providing government welfare payments to people who do not need it and are capable of supporting themselves.

Guaranteed income programs often drain funds from the most vulnerable who likely need the financial help. This government slush fund is what is causing so many able-bodied employees to opt out of work and stay at home.

The City announced on its website:“The City’s Office of Arts & Culture is seeking input from local artists and creatives on a potential Guaranteed Basic […]

What it would take for the government to cancel federal student loans

What it would take for the government to cancel federal student loans

The White House is exploring ways to forgive federal student loan debt.

Bloomberg Creative | Bloomberg Creative Photos | Getty Images

Under pressure from Democrats, advocates and borrowers, the White House is looking at actions it might be able to take to forgive federal student debt.The country’s outstanding federal student loan balance exceeds $1.7 trillion, eclipsing credit card and auto debt. Average debt for a bachelor’s degree recipient has tripled over the last three decades, to $30,000 today from less than $10,000 in the early ’90s. A quarter or more of borrowers are estimated to be in delinquency or default.There’s no […]