4 ms·
I think a lot of people who haven't been down and out, are vastly underestimating bad financial stress is - or how fast small paltry sums/debt can grow. As the
by TrackerFF 6y ago
I think a lot of people who haven't been down and out, are vastly underestimating bad financial stress is - or how fast small paltry sums/debt can grow. As the saying goes, it's very expensive to be poor.
When there's no safety net to catch you, you'll have to make some hard choices. Is going to be the rent? or food? or medication? Pick one, and the rest will keep on compounding until the next round.
If UBI can work as a foundation to remove that stress, well, then I can absolutely understand how it improves the well-being of someone.