Charitable giving is taking a hit as cost-of-living challenges continue to put a strain on people’s budgets, a new study shows.
More than 4 out of 5 in the U.S. said at least one cost-of-living pressure has prevented them from donating or donating more over the past six months, according to a survey of more than 3,000 adults in the United States and the United Kingdom, including more than 2,000 in the U.S.
One in 7 respondents cited unexpected expenses as a barrier to donating.
However, despite the financial strains, people are still giving, with 77% of U.S. adults surveyed donating money in some way in the past six months, said Vishal Ghotge…
Read the full article at MONEYTALKSNEWS.COM
