In addition to helping her pay for her car, McNair said that the Magnolia Mother’s Trust funds help her pay for rent, groceries, and supplies for her kids. Vitally, she said, it’s also helping her tackle medical debt from previous health complications.
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Low-Income Families Feel the Strain without Monthly Child Tax Credits
As is clear from the experiences of the MMT moms, a permanent CTC and federal guaranteed income would enable low-income mothers to support their children’s education, invest in their family’s future and live their lives without the constant mental burdens of debt and living paycheck-to-paycheck.
Front and Center: Before a Guaranteed Income and the Child Tax Credit, “I Used To Have to Work Four or Five Jobs To Make Ends Meet”
“But having the expanded child tax credit last year helped me out so much in taking care of my kids. I was able to afford my son’s school uniforms and supplies, and just to buy groceries. It helped with all the important stuff.”
Guaranteed Income Doesn’t Just Help Low-Income Parents—It Also Improves Their Children’s Brain Development
Early financial interventions in infants’ lives can have a measurable impact on their health and help set them up for future success.
Where the Guaranteed Income Movement Is Going Next
Cash programs for low-income parents are popping up in city after city. But they’re no replacement for federal policy.
How the Child Tax Credit and Guaranteed Income “Help Mothers Like Me Get Out of a Continuous Cycle of Poverty”
“I carry a really heavy load as a single mom. There’s no one else—everything is on me. So it helped ease my burden a lot when I started getting the monthly child tax credits last year.”