Comments on: Should you Donate Money When you are in Debt?

By: FITnancials

FITnancials — Thu, 24 Jul 2014 20:19:07 +0000

I like how you mentioned there is never a perfect or right time to donate. That statement is very true, especially in this day and age. I try to do a good deed at least once a day whether it being handing a dollar to a homeless person or helping a person whose car is broken down on the side of the road.

By: LisaVsTheLoans

LisaVsTheLoans — Tue, 15 Jul 2014 21:28:32 +0000

There is never a perfect time to donate – so true! There will always be something “more important”, but really, your priorities are what you make of it!

By: deardebt

deardebt — Tue, 15 Jul 2014 14:56:48 +0000

I think it’s ok to donate while in debt — I don’t give more than $10 or $20. I also donate my time or services a lot.

By: No Nonsense Landlord

No Nonsense Landlord — Tue, 15 Jul 2014 02:56:42 +0000

I always look at my taxes on my paycheck and realize how many people that is helping. It is like tithing 28%+, which makes me feel good.

By: moneypropeller

moneypropeller — Tue, 15 Jul 2014 01:54:20 +0000

You’ve been reading my mind lately! Debt Debs wrote a post that will be up in a few months on ways you can give to charity while you are in debt, donations don’t have to be money!
I like how you stressed temporary a lot.

By: Beachbudget

Beachbudget — Mon, 14 Jul 2014 19:30:10 +0000

I agree with you that it’s a very personal decision. But if you can’t feed yourself or family or are ready to get kicked out of your apt because you can’t pay the rent, well clearly then it’s a bad idea. I would always say if you can’t donate money, then donate your time, or give some other kind of support like old clothes, shoes. Hell, even a kind word to strangers is better than nothing!

By: Laurie TheFrugalFarmer

Laurie TheFrugalFarmer — Mon, 14 Jul 2014 19:05:43 +0000

Perfectly put, DC!!! I couldn’t have said it better myself. With our huge debt load, we’ve temporarily slashed giving quite a bit, but still pray constantly as to when and where the Lord wants us to give. Often times too, we are able to give of our possessions (such as clothes the kids have outgrown) or our time (such as helping the needy in some way) which helps us to make sure we keep our focus on others even if it isn’t as much monetarily. Great post!