Greed. What is the purpose of collecting all the money you can if you can't take it with you when you pass away? I can understand wanting to live comfortably without having to stress over bills and debts. When you have so much money in the bank accounts that you could never realistically spend it in your lifetime, doesn't that make you a hoarder? It is said that the top 1-percent of the population now controls 39-percent of the world's wealth. All I can do is wonder, "Why?" Can't these people separate themselves from even a small portion of this money?
The "trickle-down effect" really didn't trickle down at all. Since most of these 1-percent have no interest in spending it, there is nothing to trickle down. Why not implement a few ideas to merely help those who have spent their money raising some of you 1-percent people to where you are? In fact, you might even make more money if you did. Investing in the future of humanity is probably the best investment you'll ever make.
1. Small Businesses - By investing $1.5 million in a small business and sticking the money into a savings account at 0.05-percent, the small business could pay its bills plus a single person making $25,000 per year while sustaining itself for 36.6 years. This is also considering that the small business doesn't make a single dime in revenue. If the small business makes money, then all the better. In fact, adding another person to the business making the same amount as the first would only decrease the business sustainability to 22.7 years. If the business manages to succeed and make money on it is own, then there is more money in your pocket as the investor.
2. Donations - Some don't like to give donations because they don't really know where the money is going and would rather not trust a stranger's word that it will get to those who are in need. If that's the case, then why not donate tangible goods? Aside from the fact that donations are tax-deductible, you can help others survive in order to keep your business running. No matter how you slice it up, it's the other 99-percent of the population that is keeping you rich. If they are unable to sustain themselves, they won't be able to sustain you.
3. Education - If you'd rather invest in something that will be beneficial to those who are in need, why not put it towards education? Although our school-system is sub-par in the United States, you could still put money towards teaching others how to sustain themselves. Grant it, there are many people in the world who are simply looking for a free ride and won't do anything to improve their situation. These people are a drain on society, but that isn't everyone that lives below the poverty line. Many of us are at this level through bad decisions and have been unable to climb out of the hole. Could you put your expertise and knowledge to help these people figure out a way to rise above that level? That is, without charging the $49.99 that you see on "get-rich-quick" websites?
It doesn't take a lot of money to change lives. When you control as much money as the 1-percent does, $25,000 can be nothing more than pocket change. Is it really that difficult to feed some of the money back into the populace? After all, most of these people are probably paying your way through life. It doesn't take much, just compassion for humanity.
Nancy Parker is a regular contributor to www.enannysource.com and she loves to write about wide range of subjects like health, Parenting, Child Care, Babysitting, nanny background check tips etc. You can reach her @ nancy.parker015 @ gmail.com