Tag: low income
There’s COVID-19 stress, and then there’s money stress. The combination of the two is becoming too much for many low-income workers to bear. Two out of three people in families that earn less than $34,000 a year told the U.S. Census Bureau in April that they are “not able to control or stop” their worrying…
Timing is everything for low-income people who rely on federal benefits to survive. For example, retirees who receive their Social Security checks early in the month and spend the money before the bills come in are more prone to fill the gap with high-cost payday loans than people who get their checks a few weeks…
