from Financial Survival Network
Sharon Lipinski is an expert in charities and charitable giving. Therefore, she’s also an expert in avoiding charitable ripoffs. She recommends staying away from charities that ask you to text your donation. Also, she believes that celebrity charities are also usually a bad idea. The money seldom ever gets to where it’s supposed to go. In the age of the Internet, it’s very easy to vett your charity to be certain that the money they raise is well spent. Look for charities that have low operating margins. That means that the majority of the money actually goes to the cause they are championing. Today, it’s not just enough to give your money away. Make sure it’s actually going to a worthy cause.
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