Be smart about Hurricane Sandy relief(Read article summary)
Hamm offers some tips for donating to Hurricane Sandy relief efforts, as well as other links, in his Simple Dollar Weekly Roundup.
Amanda Lucier/The Virginian-Pilot/AP
A large section of the country is reeling from the hurricane.
Aside from extending sympathy from the millions of victims, I only have one small thing to say.Â Send aid, but be smart about it.
They donâ€™t need your â€śstuff.â€ť Donâ€™t try to send blankets or toiletries or first aid supplies. The logistics of getting those items from you to them is more trouble than the value of your item.
What they do need is your money and possibly a blood donation. You can give both through your local branch of the American Red Cross. If you can spare a dollar or two, thatâ€™s where you should take it. The Red Cross is an amazing charity.Â
I speak from very personal experience about natural disasters. Donâ€™t send stuff. Itâ€™s harder for them to deal with than the item is worth and it likely wonâ€™t arrive until well after it will be needed. Send a few dollars instead and, if you can, donate some blood which isÂ alwaysÂ useful.
This is true of almost any major disaster.
The Ultimate Hypocrite: Robert Kiyosaki and His Companyâ€™s BankruptcyÂ I have been very skeptical of Robert Kiyosaki in the past because his personal finance advice (thinkÂ Rich Dad, Poor Dad) often didnâ€™t add up. (@Â the college investor)
Between my various professional obligations and my family and community responsiblities, I donâ€™t have a whole lot of time left over. That time is incredibly valuable to me and I put a very high price on it. (@Â squirrelers)