This is the update from my previous post at the start of the month.
Anyway, this is just me showing my accountability that I do what I said I’ll do.
I found out that the SGGives website which I used the previous year is actually closing down to make way for giving.sg, which make sense since they needn’t be 2 websites that essentially do the same thing. The giving.sg website feels a lot more laggy though, it did take me quite a long time to browse through and finally donate.
I have a friend that volunteers weekly out of pure kindness, so sometimes I feel horrible that I’m not doing anything more for society. Donating kind of feels like the least effort way of contributing.
But then again, I have come across an article, which I can’t find, but I roughly remember the gist of. In it, it explored how there are some groups of people who do their part for the community without volunteering at all. How do they do it? They opt and work for the highest paying job that they can get, live a frugal and simple life, and donate the bulk of it to charity. They also pinpoint their funds to the charities that are the most “effective” in using the donations to make an impact as well.
While this might sound like a very impersonal and sterile way to contribute to society, they do make some points. Firstly, most volunteers are horrible at what they are volunteering for. Second, most volunteers would likely be more productive doing something else other than volunteering. Essentially, this is pretty much a time and revenue maximization problem.
Why volunteer for a day if you can instead earn tons of money and use that money for more impact, like for example, to cover the expenses of having 10 much-more-efficient volunteers? The main reason I suppose is the reduced feelings of being happily charitable because of the distance between the donor and the “frontlines”.
Don’t get me wrong though, I’m not dissing volunteer work at all. I’m just bringing forth a less accepted form of thinking with regards to charity work and donations.
Anyway, that was a rather long rambling about nothing financial at all.
It’s Christmas Eve and I wish everyone Happy Holidays! Have a great end of the year everybody!