What are three local businesses you would hate to lose from your community? Got them in your mind? Great. Okay, now commit to spending $50 amoung those three places each month. Ta-da!! You’re saving your local economy!
Sounds simple, doesn’t it? It is, and all it takes is you.
A growing movement called the 3/50 project is making it even easier for residents to help their communities and invest in local economies. Not only does this movement provide a reminder that local stores offer local benefits (e.g. unique products, services and donations to local charities, schools, and sports clubs), research shows that dollars spent at home, tend to stay at home.
The tension for residents today is the reality of the economy vs. the need to support local businesses.
On the one hand, people are concerned about continuing to have a
job and being able to pay the mortgage. On the the other hand,
virtually everyone spends $150 on some combination of goods and
services.
The question is, where can you spend those dollars so that they
will have the most impact? I’d answer that you should choose to spend
your money in those places that you would hate to see disappear, or
they may.
Support the 3/50 project and challenge others to do the same.
Find out more about the 3/50 project by visiting www.the350project.net.
Our TownGoombay! is Back on the BlockFriday, 13 August 2010
The YMI Cultural Center, located in the heart of Asheville’s historic African American district, The Block, will host the traditional Goombay Festival beginning Friday, August 27 and continuing through Sunday, August 29.
Goombay! is back on the Block from Friday, August 27 to Sunday,... + Full Story
CommunitiesShiloh Community Plans School ReunionFriday, 13 August 2010By Sarah Williams
Shiloh is an historically African American community inhabited since the late 1880s.
Older residents refer to this area as “New Shiloh.” Shiloh evolved and prospered around three cornerstones, its churches, its schools, and its people.... + Full Story
BusinessWhy Lenders Want Your Loan to DefaultFriday, 13 August 2010Predatory schemes steal the equity of this country.
In the late 1980s and early ’90s, Presidents Bush and Clinton, under the guise of making housing available to the poor, eased regulations intended to ensure that consumers were protected from predatory lending practices.... + Full Story
BusinessMinority Enterprise Development WeekFriday, 13 August 2010Staff Reports
Since 1982, the U.S. President has proclaimed a National MED Week observance to recognize the outstanding achievements of minority businesses and to honor those corporations and financial institutions that support minority business development. The national MED... + Full Story
