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Review - Essay Example

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Article Review In her article, Mashawnda Dowell (2005) discusses statistics related to whether it is good for young adults to waste their money in nightclubs or donate it to charities, with the intention of motivating college students to have an insight into philanthropy…
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Download file to see previous pages... The article mentions that in the year of 1999, 38% of the teenagers in the United States spent their money in churches. The article states that young adults have lower income resources and financial stability as compared to adults of the society and still, in 2004, the researchers found that 3 out of every 10 young adults donated money to churches as compared to 6 out of 10 adults. So, we see that the rate of donor young adults is almost half of the older adults, which is very good for the age of young adults. The article further mentions that the government of the United States expects to project nearly $15 trillion as an “intergenerational transfer of wealth” between years 2006 and 2021. This is a significant amount of money that is transferred among the peers of a generation, and the generation being discussed here is the young adults. This means, that young adults of the society are responsible enough to think how to save extra bucks and spend them in charities so that some poor person is helped out of his miseries. This is actually the actual love for humanity which is the real essence of philanthropy. The article also suggests that young adults tend to give more volunteer time as compared to older adults, if they have very little to donate to charities. ...Download file to see next pagesRead More
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