The 23 Benefits of a UBI for Individuals

Michael Haines | Sat Apr 02 2022

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  1. Restores Each Person’s Ancient Birthright to the Resources Needed to Survive

  2. We are the only species that now needs money to survive. A UBI provides the money to restore our ancient birthright.

  3. Reduces Reliance on Debt

  4. Replacing ‘pay day’ and other short-term loans. 

  5. Provides Income Insurance

  6. Should you lose your business, job, or just some shifts, or even passive income - for any reason – the UBI is paid regardless.

  7. Eliminates the Welfare Poverty Trap Motivates People to do Paid Work if they Can

  8. A UBI allows every person to take on marginal work to boost their total income to better themselves and their family - without loss of the UBI. 

  9. Eliminates Bureaucracy for Individuals (and Government and Business)

  10. Job seekers would not have to apply for jobs they know they'll never get - just to prove they are really looking for work.  Instead, people could spend all their time doing the things needed to find work and/or care for their family.

  11. Eliminates Social Stigma and Bureaucratic Intrusion

  12. As the UBI is paid to everyone, it removes the stigma of being dependent on others, and avoids the humiliation of having your life questioned in minute detail to get a scrap of support. 

  13. Underpins Life-long Learning

  14. It would allow people to take time off paid work in short bursts to learn new knowledge and skills before applying them in the economy, without starving while you do it. 

  15. Empowers People to Do the Right Thing

  16. A UBI gives everybody the security to say "no" to unsafe, illegal, or unethical working conditions. We teach our children the importance of consent in the bedroom. A UBI extends the same values into the workplace.

  17. Provides Added Flexibility Regarding Where You Work and the Type of Work

  18. It would also help people to move and/or change their living and working circumstances because they have the money to do so.

  19. Increases Employment Opportunities

  20. As the money is spent into the economy, it will boost demand for goods & services, requiring more labour.

  21. Provides Part Recognition of the Value of Home-care Work

  22. For stay-at-home carers it would provide part paid recognition of the huge value they contribute to society - estimated to be equivalent to more than 50% of Australia’s GDP

  23. Provides Respite for Home-carers

  24. Either by allowing carers to pay for some in-home help, or to place their dependent in care for some periods. 

  25. Helps to Share Dependent Care and Address Gender Inequality

  26. With a UBI, partners can more easily share time in paid work and in caring, without suffering deprivation.

  27. Improve Outcomes for Aged and Disabled

  28. By boosting the incomes of people who have additional health & carer costs over and above any welfare benefits they receive.

  29. Reduces the Risk of Family Violence While Facilitating Escape

  30. A UBI could avert much of the violence and neglect that is triggered by financial stress. It would also provide a practical means of escape as it would be paid separately to each individual.

  31. Enables Escape from Poverty

  32. In Australia, over 3 million people live in poverty, mainly single women with young kids, as well as those who are old, incapacitated (disabled, sick, and injured), and those between jobs – all of whom lack savings and family support.  It includes 17% of all children. This is an ever-changing group of people, indicating it is a system problem, rather than due to widespread ‘moral failing’.

  33. Improves Cognitive Function and Reduces Behavioural Disorders

  34. Improved cognition and behaviours are evidenced in all members of a family once they have sufficient income to survive.  As important is the assurance that the UBI cannot be taken away. 

  35. Prevents Suicide

  36. Financial stress is one of the main drivers of suicide.  A UBI directly addresses this.

  37. Helps Children to Focus on Schoolwork and Higher Education

  38. Just as poverty degrades the ability of adults to manage their own lives, so it harms the ability of children to learn.

  39. Improves Nutrition and Reduces Alcohol and Tobacco Use 

  40. Studies show that with sufficient income (and availability) the consumption of fresh food increases, while that of alcohol and tobacco falls.

  41. Improves Pre-natal and Neo-natal Care

  42. Studies also show that with sufficient income, birth weights improve through better nutrition, while mothers extend their maternity leave to better care for their newborns.

  43. Enhances Self-determination for First Nations Peoples

  44. Importantly, for Aboriginal and Torres Strait Islander people, by providing them with the same UBI as everyone else, it offers a way of lifting many from the trap of welfare dependency. Enabling them to focus on thriving, rather than surviving.

  45. Improves Work-Life Balance

  46. With a UBI the opportunity is to take more time with family and friends and in the community.  This can be done without detriment to the economy where the UBI is set to keep the labour market in dynamic balance.