The Giving Challenge: Making Your Donation Go Further

I would like to take a moment and step off my soapbox where I normally shout about dividends, passive income and why being a landlord is awesome.

Rather, I would like to use this post and platform to raise awareness and discuss a humanitarian issue. No, I am not about to go on a political rant. I can promise you that I never will either.

As I am sure you are aware of by now, the Gulf Coast region of Texas is in a state of emergency. Hurricane Harvey dumped record amounts of rainfall on the gulf coast, left a path of destruction with hurricane strength wind, and flooded one of the most populated cities in America.

It’s still too early to know the true damage caused by this powerful storm, however it’s safe to say that thousands upon thousands of men, women and children are in need of aid. Countless people are without food, shelter, water or dry and clean clothes. People’s entire lives have been washed away by this storm.

The victims of Hurricane Harvey need our help.

The Giving Challenge

All too often in the personal finance, financial independence, and investing blogosphere we get lost talking about money and reaching our goals. What we do not discuss often enough is our privilege and giving back to society. I am not going to rant on about how great we have it; you should already know that by now.

This is a public challenge to all of you (bloggers and readers alike) to donate to Hurricane Harvey relief efforts. Moreover, I am going to incentivize all of you to donate with this giving challenge.

But what do I mean by this?

I am going to match all of your donations dollar for dollar up to $1,000 for the next 24 hours. If we reach this lofty goal, I will extend the challenge for another day and another $1,000. Given that I am not Warren Buffet or Mark Cuban this challenge will be capped at $5,000 (of 5 days of giving).

BONUS – my employer will match my contribution dollar for dollar. SO your contribution will actually be matched $2 for $1. If your employer matches donations (many of them do) your contributions will be matched $3 to $1.

What you need to do

Ok, so now that I have convinced you to donate (if you are not convinced, go turn on the news for 5 minutes then come back) you are probably asking yourself what you need to have your donation matched?

 

  1. Select a creditable charity or nonprofit.

The Consumer Reports recommend the following: https://www.consumerreports.org/charitable-donations/best-ways-to-help-victims-of-hurricane-harvey/

NPR’s advice for donating: http://www.npr.org/sections/thetwo-way/2017/08/28/546745827/looking-to-help-those-affected-by-harvey-here-s-a-list

  1. Check to see if your employer will match your donation (many will; this will further increase our giving power)
  2. Donate to the charity.
  3. Email me (guyonfire.us@gmail.com) proof of your donation and that it has taken place after posting this article. Please let me know if you would like to remain anonymous; I plan to give a big shout out to all those who donate.
  4. Share this post with as many people possible

 

Let’s get out there and help those in need! Together we can all achieve more. Every bit helps. Your $5 donation can turn into $15-20.

11 thoughts on “The Giving Challenge: Making Your Donation Go Further”

  1. THANK YOU for writing this. Donation has been made, email has been sent. 🙂 I hope others are willing to step up (if they haven’t done so already) in whatever form they are able.

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