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

Post date: 2020-11-22 10:24:18
Views: 146
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:
Warren Buffett's Berkshire Hathaway nailed the timing on Alphabet — whether by design or not
Married millennials, here comes the crypto divorce cliff
Beef prices are soaring. Here's why America is facing record-low cattle numbers
Jim Cramer names stocks to buy in the wake of the Fed's rate cut
Student loan borrowers have 'a limited time' to leave payment pause. Here are their options
The Fed is the most divided it's been in more than six years
Southwest CEO says airline 'actively pursuing' network of airport lounges
The market likes what it heard from the Fed — plus, Lilly's new $6B manufacturing investment
Trump to start final Fed chair interviews beginning with Kevin Warsh
Coca-Cola taps COO Henrique Braun to replace James Quincey as CEO in 2026