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March 01, 2021

Steady boosts income for job seekers

Chris Lucke

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.