|I've contributed financially to RoR in the past, and I, too, once inquired about whether or not a recurring contribution system existed. At that time, it did not.|
I did wonder, though, if one could be set up? For instance, this site accepts Paypal payments. And Paypal does have a mechanism in place to allow businesses to offer "subscriptions" to users, in which a set amount is deducted from a user's account every month until they cancel or modify their subscription.
Now, I'm not sure whether or not the monthly amount can be 1) decided by the user, and 2) adjusted at times (based on their financial comfort level), or if it has to be set by the business (RoR) to be the same for all subscribers. If the latter is the case, you may see some people unable or unwilling to subscribe because they don't have enough control over their contribution. (Of course, this would all have to be worked out between Joe Rowlands and Paypal.)
My wife and I have started using T. Harv Eker's jar system for managing our money. Part of it includes a "Give" account in which we allocate money to worthwhile charities and organizations. While I think it's great that you want to give to RoR, Tyson, (and I'm sure the charities you give to are quite appreciative as well) I was wondering about the "Give" account as a necessary part of a sound financial plan?
Why is it that every "how to become a millionaire" guru guy has a plan that automatically includes "giving"? (Eker's hardly the only one.) One guy I've read advocates giving something to your church. Everything else he says is sound financial advice, but then he throws in, "Don't forget to give 10% to whatever religious organization you belong to." (Huh?)
Of course, there's nothing wrong with giving if you truly want to, and you can afford it, but I was wondering, how can anyone actually try to justify it as part of a sound financial plan? (The other guy I mentioned does...but only because he truly believes that at least part of his success in life comes from God, so he thinks giving back to God will help you, too.) So maybe Eker believes in altruistic karma, or something---which may be fine for him---but I don't buy into that. So whenever I hear any of these expert millionaire people give financial advice, I try to follow the sensible ideas, but I ignore the "give" one, personally. (Or I take the "give" amount...and "give" it to myself in a savings account. That counts, right? :-)
Just curious, Tyson, as to why you feel following Eker's "give" rule is necessary to the rest of the system he teaches?