March 01, 2021
Steady boosts income for job seekers
One thing unites the more than 2.5 million Americans who use Steady: income uncertainty.
Today, one in ten workers rely on gig work for their primary income and countless more to supplement their primary incomes. But for a majority of these workers, uncertainty can lead to financial hardship. In fact, 78% of Steady members report having struggled to cover a $500 emergency prior to becoming a member.
Steady aims to help hourly and gig workers find new income streams and manage their earnings to avoid making unhealthy financial decisions, such as taking on a predatory loan. To achieve this, Steady uses members’ permissioned financial data to make personalized job recommendations and suggest finance tips.
To access that data, Steady uses Plaid.