Sad children, abused animals… you’ve seen the commercials. They do a great job of guilting people into giving ongoing donations. But how much of your money was actually spent on helping?
I’ve written about how hard it is to donate our things here in Italy. We’ve been downsizing for years, but for a while, much of the clutter had turned into a pile of donations in our garage. Here’s how it started.
When COVID-19 first hit, we “lost” $5,000 in our retirement portfolio overnight. And my first thought was, wow, this is crazy; it could be the start of a recession; I’ve never truly got to see what a recession looks like; this is pretty interesting; I can’t wait to see it play out! A recession is, by no means, awesome. I get that. But my interest in the economics behind everything trumped my interest in our actual money.
There are actual studies showing that kids today are 25% more entitled than older generations, and 50% more entitled than the oldest generation. But I don’t think we need studies to see that the entitlement mentality is taking its course.
You have millions of options when it comes to nonprofits in the US. That’s a blessing and a curse. It’s outstanding that so many charitable organizations exist, but as outstanding as it is, it’s equally overwhelming. I’ve selected 20 amazing causes.
Consumerism affects our children daily. Parents expect to spend close to $1,000 on Christmas gifts for their children each year, and somehow the average shopper manages to rack up even more than that in holiday debt. We’re teaching our children that they deserve a big Christmas, and that presents come before financial responsibility, while neither are actually true.