Irony of trying to get out of debt while giving out micro-loans
I've been back at the ebay selling for a few weeks now and it's been picking up pretty well. I'm back on track to paying down my massive credit card debt... As long as I keep putting in hours at work as well as all this ebay crap. Selling up to 100 items a week on ebay can be a full time job on it's own.. Working my regular job on top of that takes a lot out of me.. But I'm also just lazy....
I did decide to give out a little micro-loan today though. Sure, it's maybe not the best way to get myself out of debt, but it's only $25 and it's $25 I should be getting back eventually. Although I'll probably just re-lend it.
Click the link above to check it out.. I did a little research and it seems to be a totally legitimate non-profit. There's plenty of info on them around the internet. The website and loan system is designed in a way that makes it easy and rewarding to get involved. With virtually no effort and little out of pocket expense you can hopefully make a difference. I'm the biggest cynic in the world so I half assume that someone somewhere is getting rich off this but even if that's the case I think it's still doing good. If you're less of a cynic them I am, and you most likely are, you should find no issues with it at all.. I've just seen or heard of too many NGOs in small countries where the employees pay/expenses/etc are burning up 75% of the funding that's supposed to be helping people. I tend to be skeptical of non-profits in general. But this one swayed me...
I did decide to give out a little micro-loan today though. Sure, it's maybe not the best way to get myself out of debt, but it's only $25 and it's $25 I should be getting back eventually. Although I'll probably just re-lend it.
Click the link above to check it out.. I did a little research and it seems to be a totally legitimate non-profit. There's plenty of info on them around the internet. The website and loan system is designed in a way that makes it easy and rewarding to get involved. With virtually no effort and little out of pocket expense you can hopefully make a difference. I'm the biggest cynic in the world so I half assume that someone somewhere is getting rich off this but even if that's the case I think it's still doing good. If you're less of a cynic them I am, and you most likely are, you should find no issues with it at all.. I've just seen or heard of too many NGOs in small countries where the employees pay/expenses/etc are burning up 75% of the funding that's supposed to be helping people. I tend to be skeptical of non-profits in general. But this one swayed me...
posted by al barkley
