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Old 07-03-2007, 07:39 AM   #11
rxybabe17
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Join Date: Mar 2005
Location: Virginia
Posts: 524
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Quote:
Originally Posted by simonandhallie View Post
I understand the idea/concept but there are so many issues to consider:

Who is responsible for collecting the funds?
What actually constitutes an emergency for withdrawal?
What happens when members get upset (and they will) because someone is denied money? or even given money?

There are a ton of potential problems with setting up a fund of this type. I know that all of your hearts are in the right place but I suppose it is my job to raise the red flags.
I think it is a great idea too, but everything you said completly makes sense. It would be soo hard to do it.
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