Comments on: Businesses Serving Philanthropists http://tacticalphilanthropy.com/2007/02/businesses-serving-philanthropists Fri, 21 Nov 2008 21:54:21 +0000 http://wordpress.org/?v=2.5.1 By: Philanthropic Travel http://tacticalphilanthropy.com/2007/02/businesses-serving-philanthropists#comment-77 Philanthropic Travel Mon, 19 Feb 2007 03:23:20 +0000 http://tacticalphilanthropy.com/2007/02/14/businesses-serving-philanthropists/#comment-77 "I think that it is a massive cultural shift that is changing the way people behave, changing the way they view their wealth and changing the products and services that they consume." Sean, I agree, consider this: "Affluent parents are teaching their children to value philanthropy, cultural experiences, and other personally enriching activities above material goods according to the Third Annual American Express Platinum Luxury Survey. Ninety-one percent of responding parents indicated that they encourage their children to participate in charitable or philanthropic activities and almost two-thirds (62%) of children have donated a part of their own money to charity. Almost all parents (94%) surveyed said that they want their children to have experiences that assure they are cultured and well-rounded, and even more (96%) spend time talking to their children about good ethics and values. As such, when affluent parents do spend significantly on their children, the survey results revealed it is on cultural activities, such as international travel, with two-thirds (68%) of respondents' children having traveled internationally. Even when shopping with and for their children, parents emphasize the experience more than the purchases as 66% of parents reported that the experience of shopping with their children is more important than what they buy. A revolution is afoot.. David “I think that it is a massive cultural shift that is changing the way people behave, changing the way they view their wealth and changing the products and services that they consume.”

Sean, I agree, consider this:

“Affluent parents are teaching their children to value philanthropy, cultural experiences, and other personally enriching activities above material goods according to the Third Annual American Express Platinum Luxury Survey.

Ninety-one percent of responding parents indicated that they encourage their children to participate in charitable or philanthropic activities and almost two-thirds (62%) of children have donated a part of their own money to charity.

Almost all parents (94%) surveyed said that they want their children to have experiences that assure they are cultured and well-rounded, and even more (96%) spend time talking to their children about good ethics and values. As such, when affluent parents do spend significantly on their children, the survey results revealed it is on cultural activities, such as international travel, with two-thirds (68%) of respondents’ children having traveled internationally.

Even when shopping with and for their children, parents emphasize the experience more than the purchases as 66% of parents reported that the experience of shopping with their children is more important than what they buy.

A revolution is afoot..

David

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