Kayla Young

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$50,000 is a lot of money to most people, but for me at age 17, this would be considered substantial. What I would do with it is an even bigger responsibility but not having to pay for my college education would make the decision very easy. I would donate the money to various organizations dedicated to helping the uninsured and downtrodden. My mom works for a major insurance company and she has communicated to me the huge job her company has in complying with various guidelines for National Health Care Reform and the social mission they have adopted to provide insurance to people who cannot afford it. Even with the national mandate for coverage, there will still be people who need help. I know firsthand what it looks like for people not to have insurance or a place to live. My aunt was helped tremendously by the NSO (Neighborhood Services Organization) and I know they could use the funding so the majority of the money would go to them. Other organizations such as Matrix Human Services and COTS (Coalition of Temporary Shelter) would also benefit from my donation. With so much money at my disposal, you may wonder why someone my age would choose to give it away as opposed to spending it on me, saving or investing. It’s simple - my education would be paid for and I plan to earn more than $50,000 in my first year after graduating from college. I would have the rest of my life to earn money, but this may be the only opportunity I would have to give back in such a grand style at such an early age. And I would be able to see the immediate benefit of my contribution to society as an ultimate investment.