Give back to society

There really are only six things you must get right when creating a financial plan:

  1. Set your goals
  2. Protect against bad things
  3. Prepare for the future
  4. Enjoy the journey
  5. Give back to society
  6. Execute your plan!


Each step is important and I encourage you to do them in order. In this article, I will focus on step 5, giving back to society.

The importance of giving back to society

Giving back to society is the final step in connecting your money to your goals, values and to you as a person. Study after study shows that people who give money to causes they support are happier. This makes sense. Giving back creates a connection that helps create a more purposeful life.


By supporting causes that are important to you:

  1. Your financial plan is more likely to be on track.
  2. You are statistically likely to be happier.
  3. You will live a more purposeful life.

Equally, and perhaps more important, is that when you give back you feel more financial freedom and independence. You begin to break the check-to-check feeling.

How to give

  1. Give thoughtfully.
    • You should plan out your giving.
  2. Give "selfishly".
    • Support your passions.
      • Like to go to a museum? Join and get free membership.
      • Like to walk on a trail? Protect and maintain that trail.
  3. Give consistently.
    • A good rule of thumb is to target between 2% and 5% of your annual income to charity / causes you support.


Your gift matters!

$100, $250, $500 in annual giving is a big deal to every organization.


Ways to give

You can give:

  1. Time
  2. Talent
  3. Treasure

You should give all three. Build up gradually. Give what you can. Make an impact. Leave a legacy.

Giving for income?

Through charitable giving, there are many ways that you can create a win-win. You can support organizations you care about and get lifetime income. If this is a potential strategy for you, I put ideas in your plan.

The next step is for you to take action.

Continue on to execute your plan


How may I help you?




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