Every October, all residents of Alaska — from teachers and construction owners to retail clerks and business owners — find a check from the state in their mailboxes. They get the check simply because they live in Alaska. InAlaska Mojey. Jay Hammond, a liberal Republican, established the Alaska Permanent Fund, putting a percentage of all state hhow revenues into a fund, which buys stocks, bonds, real estate and other assets. It helps bridge the gap. America is struggling with a huge wealth inequality problem. Those looking to transform an how people make money in alska that funnels wealth to the top have long been intrigued by the Alaska concept. It would not only make society more equal, author and 3P President Matt Bruenig argues, it could actually change corporate behavior by including into decision-making a powerful new investor voice: the people. Bruenig sees capturing some level of capital income — the income earned from an asset like shares or real estate, in other words, the money you make from having money — as fundamental to narrowing the gap between the rich and poor. The U. Independent fund advisers under the direction of the Treasury Department would manage it.
Where Does This Money Come From?
Alaska does money like no other state. With 2. About a third of the jobs throughout the state, around ,, are tied to the industry. Another industry that provides revenue, albeit to a much smaller extent, is metal mining, and although metal stocks are currently strong , they are notorious amongst investors for their volatility. The Stingiest State in the Union. The state government does not tap into the fund; it only spends the earnings that it creates through various stocks, real estate, and bonds. And it is with that profit that they distribute a chunk to residents throughout the state. It decreased the capital budget, which is used to build roads and schools, and cut back education spending and marine ferry service. School children and teachers protested education cuts outside state legislative buildings in April, and some even staged a sit-in. After an uproar after funding to a state homelessness program was cut, Governor Bill Walker, an independent, restored some of the cuts. If the Alaskan government had withdrawn this amount from the Permanent Fund, it would have comprised about 1 percent of its entire sum. In the meantime, however, it does seem like reaching underneath the mattress to access the funds should be temporarily considered, especially if it means avoiding tangible harm to Alaskans. Opposition to the idea is starting to sound less like stinginess and more like paranoia.
Jordan Iverson used her dividends to pay for college and then get an apartment after graduation.
MANAGING YOUR MONEY
Anyone considering relocating to Alaska should check out the job market first. Several industries that held prominent roles in the Alaskan economy in years past no longer offer the same opportunities. Oil and gas employers see reduced production and are reducing their workforce accordingly. The timber industry has declined, as have mining operations. However, other jobs still hold opportunities for Alaskan residents and newcomers. With the vast coastline in Alaska, fishing remains a prominent industry in the state.
Picturesque, freshwater lakes, snow-capped mountain peaks, clean air — all things that come to mind when you think of Alaska. But how about money? Do you get paid to live in Alaska? Read on to learn all about getting paid to live in Alaska, as well as other places in the U. The dividend amount varies each year and is calculated using a formula set by Alaska state law. The money that pays people to live in Alaska comes from the Alaska Permanent Fund , which was established by a state constitutional amendment in in an effort to reinvest profits from the Alaska pipeline back into the state. The principal balance of the Fund is managed and reinvested by the state-owned Alaska Permanent Fund Corporation. The state considers this payment an investment in the future of Alaska and an incentive for residents and their families to continue living there. Getting paid to live in Alaska requires a commitment. One of the important requirements to qualify for the PFD program is your intent to remain an Alaskan citizen for life. If you plan to live permanently in Alaska and want to get paid for it, you must also meet the following Eligibility Requirements from the Permanent Fund Dividend Division each year:. Every person who lives permanently in Alaska — including children and infants — and meets these requirements is eligible to receive a dividend.
I am a 12 year old girl turning 13 soon, living in Alaska. I am a very hard and deticated worker I love anything to do with animals, so maybe I could help out at the animal shelter? I’d only need to work for about 1 or 2 hours. I’d need to do a small job, not anything like working for a construction team or something :D, just working for something small that I actually would be allowed to, considering my age. I live in Eagle River, AK, if you know where that is. It’s about 15 minutes away from Anchorage and we go out to Palmer, about 25 minutes away, about 3 times a week. If you can get UPS deliveries to your house and re-package them to ship to the bush, you could make a little coin. Either one of these, you have to put in some effort to advertise so folks know you are offering the service, but you can start local and grow if you are able to handle the demand. Although these are intended to be very small operations, they could easily be scaled to quite large ones. If you enjoy being on the internet then this is a great way you can make money on the computer and it is FREE. You get paid for doing what you already do on the internet. Okay, so if you have neighbors, go to them and sell things. Like books, C. That kind of stuff.
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A city will pay me to live there? How is that possible, you may ask. There are cities in the United States that will pay you to live. Will they always be your first choice for where you would live? Maybe and maybe not. But getting paid to move and live in a community, if even for a makee while, can be quite an adventure. It can save you money and might even surprise you with how much you enjoy living in that city. If you are looking for some free land in a picturesque county, consider Lincoln, Kansas.
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