Some personal finance bloggers are doing more than just sharing their saving and spending tips by creating philanthropic or outreach projects. In some cases the projects are meant to help out others in financial need while bringing attention to how personal finance affects each and every one of us.
Here are a few projects that we have come across recently:
LoveDrop: started by J. Money (a pseudonymn), the founder and blogger at BudgetsAreSexy and Nate. St. Pierre. The idea behind LoveDrop is to build a community of donors and identity a person or family in financial need. Candidates for the financial aid are nominated by members of the community through what the group calls “a micro-giving network of people.” The first Love Drop was started in January and the recipient was a family who lost their possession in a fire. This month the group is raising money to pay for a dog that is specially trained to work with people who have autism. The dog is to be placed with a family that has two children with autism.
Yakezie Network Essay Contest: The founder of Financial Samurai blog started a network of personal finance bloggers called the Yakezie Network. The group has also started a Yakezie writing contest that is aimed at college students or college-bound students who have financial need to pay for college or buy school-related items. Top essays are chosen by Yakezie committee members and then published for public vote. The project includes a mentoring component in matching up winners with members of the network. Yakezie network members donate money, which is distributed in portions of up to $1,000 per winner. In the most recent round, 60 finalists were chosen from 1,000 applicants. You can read the essays, and learn more about the essay writing contest at the Yakezie site.
Thanksgiving Day pledge: Last year, Luke Landes, the blog owner and writer for Consumierism Commentary, asked his readers to join him in pledging money to charities. Readers donated a total of $8,000 that was matched by $5,000 from Landes (and MoneyCrush chipping in another $1,000). A total of $14,000 was collected and doled out to charities, according to a press release on the project’s outcome. Luke says they expect to hold the donation drive this year, too.
Anna Cearley is Social Media Director at LendingTree/Tree.com
Personal Finance bloggers: please let us know about your projects for consideration to add to this list.
The listing of these projects is meant for informative purposes and doesn’t imply an endorsement by LendingTree. As with any volunteer causes we recommend readers do their own research before committing time or funds. To learn more about what LendingTree is doing to help people with their own personal finance plans, check the LendingTree Foundation.
LendingTree is the nation's leading online loan marketplace providing consumers an easy way to shop and compare funding for life's matters. With LendingTree's marketplace, you can connect with multiple lenders that compete for your business. You can also find an array of credit based tools and tips on LendingTree, including free monthly credit scores to help you stay empowered financially.
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