3 personal benefits of giving to charity
(NC) There are many reasons to contribute to an organization that helps make a difference in the world, whether it’s keeping our planet healthy or fighting for children’s rights. But did you know that you can also benefit from getting involved? Here are some reasons to consider helping a charity:
Boost your mood. No matter if you’re donating your time or money, knowing that you are improving things for others makes you feel good and empowered. In fact, several research studies, including one from the National Institutes of Health, show that donating to charity activates the brain’s pleasure centres. But it’s important to pick one that resonates with your beliefs. For example, if you want to support marginalized children and children living in poverty or struggling to survive in the aftermath of conflict or natural disasters, Save the Children may be a great match for you.
Get a tax break. Beyond the emotional benefits, there are financial advantages for monetary donations. In Canada, you are eligible for a charitable donation tax credit that reduces your taxes owing. Just make sure to get an official receipt and check beforehand to make sure that the charity and amount qualify.
Motivate friends and family. You can encourage others to give and make a difference when you’re involved with an organization, amplifying the effect of a time or money donation. If you have kids, you can also teach by example and instill values like compassion and gratitude. If financial giving is beyond your means right now, consider leaving something in your will for a charity you want to support. It’s a great way to leave a lasting legacy and inspire loved ones. Ask for a free will planner and will planning guide to lead you through the process.
Find more information online at savethechildren.ca.