Donating to Causes
By leeesa
@leeesa (884)
United States
February 26, 2009 6:10am CST
I realize the economy is______ (fill in the blank) right now, but has that also stopped people from donating to causes like cancer research as an example?
I realize that people are losing jobs left and right, but even in a bad economy, people are still dying or becoming diagnosed with terrible things.
What's your take on it? I personally am still donating, but I'm being more selective as to which causes are most important to me.
3 responses
@donsky14 (5947)
• Philippines
26 Feb 09
Yeah, that's so true...the economy is getting worse, and its just really getting bad for those who have problems especially health wise.
As for me, I'm definitely planning to donate when I start working again next week. So that I could at least help out, in small ways.
@mercuryman3a (2477)
• India
26 Feb 09
As long as the amount donated is being put to proper use, one doe snot mind donating. one can never say these days, as a lot of money goes into funding the lifestyle of the people in the organization and very money is really put to use for the cause. A lot of the tax payers money given by the Government to bail out the banks went to funding boluses for the top brass of the banks. if this happens it is painful.
@leeesa (884)
• United States
27 Feb 09
I work in the banking industry and must point out that there are a lot of misconceptions about the banking industry right now. Not all banks are receiving bailout money. Not all banks are lavishing their top executives and clients with expensive trips and events.
The majority of community banks of America are financially sound and secure. They have in general been consistent and conservative with their lending practices, not offering the type of sub-prime lending that got other banks with loose credit policies in trouble.
Choose your local community bank for the safest place to put and grow your money.
It's a shame that this generalization has been placed on all banks when the majority of them have shunned these risky and controversial lending practices.
People need to educate themselves on the true happenings in the banking industry instead of relying solely on the media who mainly portray the worst of the worst.
The media doesn't talk about the banks that forgo bonuses and raises in favor of stability for their customers. It doesn't make for interesting news, but it clearly is important for the public to know.
@Downunder_dude (407)
• Australia
26 Feb 09
Y'know, as tight as money is, I'll still give to something that I consider worthy, and so will a massive portion of the population.
You only have to look at something like the recent Victorian fires here in Australia. I think it was within as little as 48 hours and they'd already received about $40 Million in private donations to help those affected.
