The Economics Behind Choosing a Charity Explained in One Minute: Pick and Donate to Charities Wisely

Charities come in all shapes and sizes: one charity might use every penny it receives from donations wisely, whereas another could do the exact opposite.
Picking a charity is a "gut feeling" thing for most people and that's just plain wrong. This video explains what you need to do in terms of research before donating to a charity or, in other words, you'll find out how to be smart when choosing a charity.
Charity economics 101, if you will.
Fortunately, though, you don't have to be a statistician to become better at picking charities. At the end of the day, it's all a matter of adhering to a few smart principles, as I've tried to explain through this animation.
The most important thing in this equation is that you want to donate to charities, congratulations and please don't let the due diligence process stop you! To maximize the impact of the funds you're about to donate, however, it would be wise to keep the things which will be explained to you through this video in mind.
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