Search Results: inflation

I've seen this done in terms of missionary support for 3rd world country children who often have nothing. Given the financial divide in the USA and risks to the country if that continues, would you consider doing something similar for under-privileged kids in your country?

Would you engage in a program to support under privileged kids in terms of mentorship, financial contribution, material goods? It is by your choice and good will.

Example: Sponsor a kid... place $ (even if it's $1 a month) in savings account for their education, check in on grades and progress, provide guidance, wisdom and support. In effect... support other peoples children. Kids may need more than one sponsor until realistic goals are met. Kids are held to standards by community.

Possibly... your contributions to this are directly deductible to your taxes? maybe...

Additional details:

You are giving $ to people today, via the government... section 8 housing, free education, welfare, food stamps, etc.. In my view, it's inefficient and loses a lot of the value to "community connection".. because you are not directly involved, nor are you feeling the results of your investment, personal rewards from your hard work. It feels like a negative because taxation and govt theft via inflation feels bad. It's an "indirect model" of distribution. The other option, is to give directly to someone you know... even if you've only met them on "facetime" or a few times.