From Katherine Latham / Reasons to Be Cheerful: In the United Kingdom, the supermarket Iceland Foods gives out interest-free microloans on pre-loaded cards during school holidays for families to spread out their grocery bills over time when finances are most stretched. The program also reduces pressure on food banks that are already struggling to meet demand.
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Read insights from organizations easing economic burden.
From Oscar Perry Abello / Next City: With funding from city governments, the nonprofit RIP Medical Debt acquires and cancels medical debt by negotiating directly with hospitals. The only requirement is being under 400% of the federal poverty line and...
From The Nation: A guaranteed income program in Nigeria is helping recipients build businesses, expand existing ones, and build equity. Click here to read the original story. Read more original stories on income programs.
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From Martín Xavi Macías / NextCity: Chicago is asking its citizens, including youth, to help determine how to spend public money. Participatory budgeting involves communities identifying their greatest needs and guiding spending toward solutions. Read the original story here. Read...
Philip Rosedale is a co-founder and advisor of High Fidelity, a company devoted to exploring the future of next-generation shared virtual reality. Prior to High Fidelity, Rosedale created the virtual civilization Second Life and has also worked on experiments in...
From Thiago Alves / Brazil Reports: Bolosa Famila, a social welfare program in Brazil aims to help bring Brazilians out of poverty. Paying R$ 600 ($119 USD) per month enables families to cover basic monthly costs such as food. The...
From John Michael McGrath / TVO Today: Local government staff members in Zorra can choose to opt-in for longer workdays four days a week in exchange for three-day weekends. The change allows for more flexibility, productivity, and employee satisfaction. Read...
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