The cost of living has rapidly increased in the UK over the last couple of years, resulting in lots of households now living below the poverty line and struggling to make ends meet. More and more people are having to turn to social welfare systems for support, but unfortunately, these programs are becoming increasingly strained and unsustainable.
If you have a loved one with a low income who is finding it difficult to keep on top of their financial commitments, understandably you will want to support them as much as possible. Setting up a Give 360 Support account is the perfect place to start and offering ongoing support couldn’t be easier when you use our automated platform. Give 360 Support is designed for family and friends in need, and below we have looked into how this type of account can help you financially support a loved one in more detail.
Simply put, Give 360 Support is a social fundraising platform and it is designed to help people financially support their loved ones. We know that there is strength in numbers and our type of account leverages the power of financial support groups, allowing people to provide periodic payments to their nominated beneficiary.
Once you have set up a Give 360 Support account, you can simply share the account details with other people who you think will be willing and able to help you financially support a loved one. They will then also be able to make donations to the account.
All accumulated donations will be paid out on a specified date, and at a specific frequency, to your loved one’s bank account. They can then use this money to help them with their financial commitments, and the money your account provides will supplement their monthly income.
Account statements can be circulated to members of the support group on-demand and notification alerts for all donations and payouts can also be provided for maximum transparency.
A Give 360 Support account makes it really easy for you to provide your loved one with sustainable and predictable financial support. When all account members make monthly donations by direct debit, no matter how inconsequential they may seem, collectively you can make a huge difference to your loved one’s quality of life.
This type of automated account prevents your loved one from having to go through the discomfort of asking for money when they’re struggling and they can have peace of mind knowing they will be receiving money on a regular basis to help them get by. A Give 360 Support account makes it much easier for your loved one to budget and plan ahead too, and it can empower them to regain control of their finances.
Financial support in the form of periodic and predictable donations is incredibly beneficial, and this is arguably the best way you can help your loved one. Unlike random and uncertain donations, a Give 360 Support account will provide reliable financial support during this difficult time and help to significantly reduce money worries for your loved one. Ultimately, you can help them to get above the poverty line and improve their day-to-day life.
If you’re keen to support a loved one who is experiencing financial difficulties, there is no denying that setting up a Give 360 Support account will be really advantageous. Whether a friend or a family member has a low income and you’d like to give them periodic and sustainable support, our platform will make it really easy for you to do so. To find out more about Give 360 Support and how the account works, feel free to read through our FAQ page. You can also get in touch with our team if you require more information about financially supporting someone with a Give 360 Support account. We look forward to helping you and your loved one.