How Will This Economy Affect Grants? |

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How Will This Economy Affect Grants?

By Jillian Wheeler | November 13, 2008

That’s the question I’m hearing over and over, when I speak, and from my readers. I’m happy to say the news is good.

You may have heard me describe grants as a “parallel economy.” Grants operate by different rules than the general economy, and they are not affected in the same ways as loans, for example.

Grants are society’s safety net. Grant funds are set aside by foundations or corporations, or by government agencies, to provide assistance and support to citizens. Consequently, they are rarely affected by ups and downs in the larger economy.

Over a period of years, if the economy were to remain seriously depressed and interest rates to remain very low, the funds held by foundations might earn less, and eventually grants might be affected. Similarly, the government might have to reduce some appropriations. However, the likelihood of that is small. Historically, grants remain a dependable resource during times of economic trouble.

If you have a project that needs funding, if you’d like to leave your day job and work in a cause you passionately support, or if you would like to work for yourself, or for an organization, as a grants consultant, consider taking our Grants Training Classes. A new class begins after Thanksgiving.

www.GrantMeRich.com/classes.htm

And if you are looking for funding for your real estate investments, grants are a wonderful opportunity. While private money is drying up, grants and low-cost government loans are still plentiful!
To learn much more, visit:

www.NewAmericanLandRush.com

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