The 3/50 Project

There have been some articles in the newspapers recently that I have seen discussing The 3/50 Project. The idea is for everybody to try to spend a total of $50 a month at at least 3 different locally owned businesses every month. They give some interesting statistics regarding spending your money at locally owned businesses:

• For every $100 spent in a locally owned business, $68 of it is returned back to the local economy.
• For every $100 spent at a national chain, only $43 stays local.
• For every $100 spent online, nothing stays local.

Their number make sense, and just in case you don't know, Leiter's Big and Tall and Leiter's Uniforms are locally owned businesses!!

I always try to visit local businesses when I can, especially restaurants. The local restaurants always seem to be by far the best.

For more info, check out www.the350project.net.