Monday, 8 April 2013

Pay it forward

Michael asked us what is the final project about on today's workshop. After I briefly described what I am going to do, he told me there is a movie talking about charity- "Pay it forward".


Then I googled it. “Pay it forward is asking the beneficiary of a good deed to repay it to others instead of to the original benefactor. The concept is old, but the phrase may have been coined by Lily Hardy Hammond in her 1916 book In the Garden of Delight.
"Pay it forward" is implemented in contract law of loans in the concept of third party beneficiaries. Specifically, the creditor offers the debtor the option of paying the debt forward by lending it to a third person instead of paying it back to the original creditor. Debt and payments can be monetary or by good deeds. A related type of transaction, which starts with a gift instead of a loan, is alternative giving.” (from Wikipedia)


How to pay it forward http://www.wikihow.com/Pay-It-Forward

The foundation of "pay it forward" 
http://payitforwardday.com

http://www.payitforwardfoundation.org/foundation/


I am not sure this close related to my project but it also inspired me in somewhere.

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