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The Simple Dollar

Be smart about Hurricane Sandy relief

Hamm offers some tips for donating to Hurricane Sandy relief efforts, as well as other links, in his Simple Dollar Weekly Roundup.

By Guest blogger / October 31, 2012

A Jayhawk helicopter operated by the U.S. Coast Guard continues search and rescue operations Tuesday for captain Robin Walbridge of the tall ship HMS Bounty, which turned on its side 90 miles southeast of Hatteras, N.C. during Hurricane Sandy on Monday, in Elizabeth City, N.C. Hamm advises donating money or blood to help with hurricane relief efforts.

Amanda Lucier/The Virginian-Pilot/AP

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A large section of the country is reeling from the hurricane.

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The Simple Dollar is a blog for those of us who need both cents and sense: people fighting debt and bad spending habits while building a financially secure future and still affording a latte or two. Our busy lives are crazy enough without having to compare five hundred mutual funds – we just want simple ways to manage our finances and save a little money.

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Aside from extending sympathy from the millions of victims, I only have one small thing to say. Send aid, but be smart about it.

They don’t need your “stuff.” Don’t try to send blankets or toiletries or first aid supplies. The logistics of getting those items from you to them is more trouble than the value of your item.

What they do need is your money and possibly a blood donation. You can give both through your local branch of the American Red Cross. If you can spare a dollar or two, that’s where you should take it. The Red Cross is an amazing charity. 

I speak from very personal experience about natural disasters. Don’t send stuff. It’s harder for them to deal with than the item is worth and it likely won’t arrive until well after it will be needed. Send a few dollars instead and, if you can, donate some blood which is always useful.

This is true of almost any major disaster.

How to Pay Yourself First This is a really good idea, particularly if you have a strong income. (@ narrow bridge)

The Ultimate Hypocrite: Robert Kiyosaki and His Company’s Bankruptcy I have been very skeptical of Robert Kiyosaki in the past because his personal finance advice (think Rich Dad, Poor Dad) often didn’t add up. (@ the college investor)

Between my various professional obligations and my family and community responsiblities, I don’t have a whole lot of time left over. That time is incredibly valuable to me and I put a very high price on it. (@ squirrelers)

The end of should “Find your should and make it go away.” Indeed. (@ seth godin)

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