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GoFundMe CEO says the economy is so bad that more of his customers are crowdfunding just to pay for their groceries

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https://www.scrippsnews.com/life/money/gofundme-ceo-says-more-people-seeking-help-with-basic-needs-like-groceries-rent

Quote

 

More people are turning to the popular fundraising website GoFundMe for help with basic necessities like groceries, rent and utility bills, according to the platform's CEO.

Tim Cadogan said Monday on the Opening Bid Unfiltered podcast that users are increasingly seeking assistance for essential needs including car payments and other bills.

"We're seeing that more and more," Cadogan said.

The trend extends beyond the United States to many Organisation for Economic Co-operation and Development countries, which include much of North America, Western Europe and East Asia, according to Cadogan.

This pattern has increased over the last three years, even as inflation figures have eased in the U.S. during that time, Cadogan said.

The consumer price index shows costs for the ordinary American increased 2.9% in the 12-month period ending in August. September figures have been delayed due to the ongoing government shutdown.

However, in the four years since August 2021, prices for goods and services in the U.S. increased 18%.

Cadogan noted that in 2024, there was a 6% increase in the amount of money raised by GoFundMe for campaigns. The overall number of donors actually declined during that period.

With potential cuts in government programs, Cadogan sees an opportunity for services like GoFundMe to help fill gaps in assistance.

"As you see this shift in maybe governments doing less, we think there's a real opportunity to help increase that percentage, specifically in the U.S.," Cadogan said.

 

I guess everything is fine. 

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Costco gas is back up to 4:00 per gallon, it went down fir s short while, now , trumps plan is in focus 

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Cool story. Us normals are doing fine. 

What's with all the fear mongering from the lazy ass liberals?

GoFundMe is simply an online form of being a beggar for a living. 

 

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1 minute ago, thegeneral said:

It’s duh best economy in the history of the world!

WINNING!  This economy is fueled by Tigers Blood

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8 minutes ago, cmh6476 said:

I brought my Grandfather to the one we have here. Was about 10 years ago. He went to pick up stuff for Thanksgiving. My Nana was in assisted living and we were having him over for TG Dinner. Wasn't the worst place in the world. I really should sign up to Volunteer and make my son do it with me

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9 minutes ago, edjr said:

I brought my Grandfather to the one we have here. Was about 10 years ago. He went to pick up stuff for Thanksgiving. My Nana was in assisted living and we were having him over for TG Dinner. Wasn't the worst place in the world. I really should sign up to Volunteer and make my son do it with me

Yessir

I've been involved in some capacity for 17 or 18 years. 

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15 minutes ago, thegeneral said:

It’s duh best economy in the history of the world!

Not for broke lazy focks like you. :banana:

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Just now, seafoam1 said:

Not for broke lazy focks like you. :banana:

Not that it matters…but I have significantly more money than you do mailman!

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1 minute ago, thegeneral said:

Not that it matters…but I have significantly more money than you do mailman!

No you don't. Not even close. 😆 :banana:

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2 minutes ago, seafoam1 said:

No you don't. Not even close. 😆 :banana:

I guess you must have misspoken when you posted on here then. In any case I don’t really care the point was rich people can be very, very stupid just like poor ones. 

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4 minutes ago, thegeneral said:

I guess you must have misspoken when you posted on here then. In any case I don’t really care the point was rich people can be very, very stupid just like poor ones. 

If you can't afford to eat, you are stupid. Or physically or mentally incapable of functioning  as a normal human. 

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10 minutes ago, seafoam1 said:

If you can't afford to eat, you are stupid. Or physically or mentally incapable of functioning  as a normal human. 

The issue is there seems to be more and more people falling into this category. Prior to 2024 people like you blamed the government for ruining everything 😂

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2 minutes ago, thegeneral said:

The issue is there seems to be more and more people falling into this category. Prior to 2024 people like you blamed the government for ruining everything 😂

No I didn't. I criticized the massive reckless spending on stupid things like climate BS, open borders, and forcing covid drugs on people as well as I had a lot of fun making fun of Joe Biden wandering around and falling all over the place. :banana:

 

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