What is The 3/50 Project? It's a nationwide, grass-roots effort to promote shopping locally by committing to select three locally-owned businesses and spend $50 cumulatively at those businesses during a month's time. That equates to $600 a year. The project does not ask you to fore go the Wal-Marts or other big box businesses in the area, but to consciously commit to supporting the locals as well.
According to a 2009 US Labor Dept. report, if half the employed population spent $50 each month in locally owned independent businesses, it would generate more than $42.6 billion in revenue. For every $100 spent in locally owned stores, $68 returns to the community through taxes, payroll, and other expenditures. If you spend that in a national chain or big box store, only $43 stays in Rutherford County and if you spend in online, nothing comes home!
For more information about this program, feel free to check it out at www.the3/50project.net.
Now, start thinking about which three Rutherford County locally-owned businesses you will support this month - and let the shopping begin!
Just remember - Pick 3. Spend 50. Save our local economy! Pass the word.
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