Posted 7 November 2011 at 8:02 PM | Comments (0)
Have you heard about this already? I am so on board.
The 3/50 Project. This non-profit organization, founded by Cinda Baxter, encourages American consumers to spend a total of $50 each month at 3 different locally-owned, independent businesses. Why? For every $100 spent in locally-owned, independent stores, $68 returns to the community through taxes, payroll, and other expenditures. If you spend that in a national chain, only $43 stays here. Spend it online and nothing comes home.
So pick 3 locally-owned businesses. Spend $50 total each month. This may be the easiest way to help your local economy.