💔 There’s now zero states where a full-time, minimum wage worker ($7.25 an hour) in the US can cover rent on a two-bedroom home. No, really.
💔 There’s only 7% of counties where working full-time at minimum-wage can even get you a one-bedroom home.
Things we can’t do: bring down the price of rent Things we absolutely can do: offer up some info and advice that’s not just live at home, bestie ✌️.
1. know that helps coming
You held tight for your Stimmy packages, try and hold on a little longer for what’s next.
Biden’s administration officials are urging states to help those of you who are behind on rent because of the pandemic (dw, we’ll keep you posted on this via email).
If that’s you, don’t feel alone in this: you’re with 16% of America.
2. Do the damn roommate thing
No need to start picking out wallpapers with your latest Bumble match. But a good old platonic roommate; they’re gonna cut down rent, bills, and communal cleaning sh*t you never knew could bring you so much happiness.
And hey. Flat sharing isn’t that bad - always somebody to take your parcels in, milk appears* (*but also disappears) when you least expect it, and say goodbye to loneliness because you will never again experience a moment of silence.
3. Move...State?
Don’t wanna tell you how / where to live your life, but if rent prices are the biggest thing for you, you might like to know that the cheapest US states to live in are Mississippi and Kansas. Check this out for more on that.
4. Work on your credit
🚨DON’T JUST SCROLL PAST🚨
🚨DON’T JUST SCROLL PAST🚨
🚨DON’T JUST SCROLL PAST🚨
Thank you.
Is avoiding credit everybody’s favorite thing in the world? Yes. Because normally it sucks. But what if we told you there’s a way it doesn’t actually have to?
When you do decide to move, we wanna make sure you’re good to go. Having a decent credit score can make Landlords like you (initially, at least). So we’ve made a card literally designed to help you work on your credit.
Your credit taken an almighty slap from life? We got you
No credit at all? Oh BOY have we got you.
Also - when you sign up to Cleo Builder, we can spot you up to $100 a month depending on what you qualify for. Because times are hard enough without freaking out over that last bit of rent.
We just raised $44M in a Series B round led by EQT Ventures, a very decent group of people. They love companies with a mission to do good. But to be honest, what they were most impressed with, was you. A supportive community of roast lovers chatting to Cleo and helping us build something that makes an impact.
2020 has been A YEAR and it’s not even over (aside from the whole reset thing we did, thank God). But where there is struggle, there is often learning and we've learned a lot in the last few months.