What's the best way to coordinate recurring financial support?

Post date: 2020-11-22 10:24:18
Views: 147
There are so many people in need of support these days. Community care has been happening through Venmo, PayPal and GoFundMe, at least in my networks. But it usually only covers one gift at a time. I'm curious about solutions for providing ongoing support.

Applications: people with ongoing health issues, financial challenges, or who are in the process of applying for disability. It could help pay for childcare, groceries, rent, etc. The kinds of costs that don't go away.

Patreon has the right model but I'm not sure it would work for someone who has no capacity to create content.

The model of dozens of people paying monthly to support a missionary salary would work very well. But I'm not sure you can just sign a random individual up for those.

GoFundMe appears to offer recurring options. Is this the way to go?

Thank you for any thoughts or experiences!
Number of Comments
Please click Here to read the full story.
 
Other Top and Latest Questions:
Gemini success to drive Alphabet shares to $400, cause OpenAI to cut capex, says Pivotal
Student loan borrowers have 'a limited time' to leave payment pause. Here are their options
The market likes what it heard from the Fed — plus, Lilly's new $6B manufacturing investment
Teachers' union AFT slams crypto market bill, warns of 'profound risks' for America's retirement plans
Nvidia has a cash problem — too much of it
Swiss government says new 15% U.S. tariff ceiling retroactive to mid-November
Cisco's stock closes at record for first time since dot-com peak in 2000
Trump to start final Fed chair interviews beginning with Kevin Warsh
Trump says Fed could have 'at least doubled' latest interest rate cut
Here are the five big takeaways from Wednesday's Fed rate decision