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Tel: 01753 852904
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Do credit crunch fears mean we care less
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Do credit crunch fears mean we care less… or does charity begin at home...
Most people read the newspaper, listen to the news on the radio or check the latest articles on the web. So very few of us will feel that there is plenty of money about. In fact small businesses are being faced with loans not being renewed and a downturn in orders or retail trade. Everyone is looking for a discount, switching suppliers and trying to cut costs. The mood is one of fearfulness. Fear that our bank is not as safe and supportive as it once was. Fear that the industry we work or trade within will be one that shrinks. Basically that the income we are used to will not be guaranteed. How does this affect the multitude of good causes and charities we give generously to each year? With budgets cut and households making each pound stretch a bit further, it seems that we are ignoring the need of others to focus more on our own needs. I was fortunate to be able to attend the Heart UK Charity ball at the weekend where the usual auction of donated celebrity items and other experiences were on offer. Watching from the sidelines it was clear that people were working to a budget and reluctant to bid for the sake of giving. If like me they so not have unlimited funds to play with then it may be that the mental decision is between spending on a good cause and using the money to keep your own family and business safe in the medium term. Those charities that continue to raise funds will be those who provide something useful at what appears to be bargain price. A good example is one of the charity shops that sell second hand wedding, bridesmaid and ball gowns (usually only worn once). People who would not have considered second hand previously will now see this as an option, even if they don’t admit to it. So we can all still give, just think about how you can combine supporting a good cause while still purchasing something you need. Win/Win Margaret Corridan Corridan Financials www.aatcourses.co.uk |
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