I wrote about @trydailypay — next-gen ATM, budgeting tool, or stop-gap for unsustainably low wages? https://www.inc.com/sonya-mann/dailypay-financial-insecurity.html … cc @RickPaulas
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...or to reduce volatility for someone with a highly variable week-to-week pay
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Yeah, consumption smoothing similar to a credit card (and does have less potential for misuse than CC). My position is that if someone...
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...is living close enough to the edge that they need $70 stat to pay their bills, on a regular basis, that means they are not earning enough
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and if enough people are in that position to sustain DailyPay as a business, it's a systemic issue that will affect society at large
End of conversation
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