As the wise Justin Timberlake once said, what goes around comes around. We all want good karma, and giving back is a great way to achieve it.
Whether it is your time, money, or belongings, there are many benefits to giving back. Perhaps the biggest benefit is creating stronger communities. You are helping your neighbors or even people you haven’t met on the other side of the world. Regardless of their location they are supported by your help. You may also be building relationships with people you volunteer with, if it is time you are sharing.
Giving back also improves your well-being. For some people it gives them a renewed sense of purpose. It may also bring some perspective if you see people who are currently experiencing a big struggle in life. Suddenly your problems may not seem as hard in comparison. By giving back you could also present a positive example to young people around you, such as your children or nieces and nephews. Show them the importance of generosity and compassion, and feel good for doing so.
MMM tip: Make a goal to give back before the end of the year. That could be donating at Goodwill, volunteering at a shelter, or giving money to your favorite cause (if you are donating money some of that may even go towards reducing your taxable income).
Until next week!
Dariene
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Disclaimer: This newsletter is for informational and educational purposes only and should not be considered financial, investment, tax, or legal advice. I am not a licensed financial advisor. Please consult a qualified professional before making any financial decisions.
