From fancy cars and expensive clothes to fine
dining and exotic vacations, there are many ways you can spend your
hard-earned dollars. And there is nothing wrong with rewarding yourself
for a job well done -- but what would happen if you rewarded someone
else instead?
A recent study by Harvard Business School faculty and graduate students titled “Feeling Good about Giving: The Benefits (and Costs) of Self-Interested Charitable Behavior," explores the ways in which charitable behavior can lead to benefits for the giver. While the the concept that giving to others can make you feel good about yourself is not revolutionary, there are several more subtle ways that giving your money or time for a cause can benefit your psychological, spiritual and emotional well-being.
Here are five reasons to donate to charity.......
based on the research of the Harvard Business School as well as other experts and websites.
A recent study by Harvard Business School faculty and graduate students titled “Feeling Good about Giving: The Benefits (and Costs) of Self-Interested Charitable Behavior," explores the ways in which charitable behavior can lead to benefits for the giver. While the the concept that giving to others can make you feel good about yourself is not revolutionary, there are several more subtle ways that giving your money or time for a cause can benefit your psychological, spiritual and emotional well-being.
Here are five reasons to donate to charity.......
based on the research of the Harvard Business School as well as other experts and websites.
Donations are tax deductible
When you donate to a charitable organization or a non-profit group, the amount you donate is tax deductible. But not only is the money you give tax deductible, so are the amounts you spend on travel, parking costs and even convention and event fees that are related to the non-profit group, as long as you are not being reimbursed by the charity for these expenses.
Giving to charity may improve your sense of well-being
The act of helping others
can create an improved sense of well-being. Knowing that you sacrificed
something such as time, finances or property in order to help others in
need can give you a sense of purpose in life or work and inner satisfaction.