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Informal safety nets help many Americans with expenses – people at all income levels benefit from this ‘financial interdependence’

  • Written by Jeffrey Anvari-Clark, Assistant Professor of Social Work, University of North Dakota
Informal safety nets help many Americans with expenses – people at all income levels benefit from this ‘financial interdependence’Even daredevils benefit from their ties to other people.Mauricio Graiki/iStock via Getty Images Plus

About 1 in 5 American adults regularly provide unpaid care or financial assistance to their adult relatives or friends. And about 1 in 7 young adults between the ages of 25 and 34 live with their parents.

But the true extent of support among...

2025 Thryv Business and Consumer Report - Australian small businesses show grit under pressure

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Security by Default: Why 2026 Will Force Organisations to Rethink Cloud and AI

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A year after wage theft reforms came into effect, Australian businesses have increased their focus on payroll compliance, but confidence in pay accu...

Refunds to Revenue: AI and loyalty perks help retailers in post-holiday hangover

Australian retailers are turning to artificial intelligence to simplify and automate returns and exchanges, while strengthening loyalty programs a...

Stop reading from the script: Why authenticity is the customer success secret weapon

I’ve been in customer service for years now. As my team has grown, the number one piece of advice I give is to be your...