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submitted 10 months ago* (last edited 10 months ago) by centof@lemm.ee to c/personalfinance@lemmy.ml

Comingle is an interesting idea that would act as a pseudo emergency fund to provide a stable week to week income for their users. It could act to stabilize your income if you have an irregular income or as an backup plan or insurance for when you lose a job or income source. It works by distributing the average of all their members contributions weekly to each user. Once the service starts, the end result will be a net gain for those with low income and a payment to provide a guaranteed monthly income for higher earners.

  • For those with low income, any amount of extra money can aid in the pursuit of opportunity and keep things from turning desperate.
  • For freelancers and gig-workers, reliable weekly income can ease the complications of sporadic cash-flow.
  • For those with more income, Comingle lets you help others, sends you a little extra cash on slow weeks, and provides a safety-net if things take a turn for the worse.

Disclaimer: I am not affiliated with them. I just got this in an email newsletter and was intrigued.

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[-] centof@lemm.ee 5 points 9 months ago

I see so basically strong worker and family protections, and healthcare not being treated as a extortion scheme. If only the US government wasn't filled with bad actors who are basically unaccountable to the people.

this post was submitted on 09 Sep 2023
33 points (72.0% liked)

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