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I agree with michaelochurch. I think this is less important that where the money will be spent than what kind of culture your are creating. In my observation,
by rajeevk 13y ago
I agree with michaelochurch. I think this is less important that where the money will be spent than what kind of culture your are creating.
In my observation, here in India (I am from India) that a child born in a poor family remains poor for whole of his life . There are exceptions, but this is true for most of the cases. In my opinion, the reason behind is that the society and culture makes feel a child of poor family that he/she is poor in all aspect of life. This goes to un-conscious mind of children that they are poor and they never come out this thought when they grow up and even if they are very very talented.
Please do make such kind of culture where kids feel bad simply because their parent can't afford something for them. Please do not make kids feel that they belong to a poor family. I can see the current bid is $20K which is a big amount even for a middle class family.
I know that world is not perfect, but we can try making it better at least by not playing the money games in kids matter. If you think further, this kind of culture is a way to society where only children of rich people will get proper healthcare, education etc.