It is well-known that donating money to causes you care about is more than the causes and charities they aid – it could be incredibly rewarding for you as well. Millions of people give to charity regularly to help causes they believe in as well as the positive impact it can have on their lives.
Why doing charity is an experience that is so rewarding and life-changing for all those involved?
Here are five great reasons that you may not have considered making a donation to your charity of preference.
- Giving to charity can make you feel good.
Giving to charities is an excellent way to boost your mood. Knowing that you’re helping other people is incredibly rewarding and, consequently will cause you to feel more positive and more content. Studies have found a connection between donating to charity and greater activity in the part of the brain which is involved in registering pleasure, proving that as the old saying goes that it’s better to give than accept.
- Giving to charities helps strengthen the values of a person.
Recent research has revealed that a sense that social responsibility was among the most frequently cited motive to donate to charity. Whatever charity they were involved in 96% of those stated that they felt they were morally bound to make use of their resources to aid others. It’s an idea that is deeply grounded in their own ethics and values. To give to the Ramadan appeal click here…
The power to change the lives of other people can be, to many it is a privilege and it has its own sense of responsibility. Being able to act on these strong convictions can be a fantastic method to strengthen our own values as individuals and feel like we’re living our lives in a way that’s in line with our values.
- Giving has more impact than ever before
Many are worried about the possibility that their charitable donations might be cut down due to administrative or tax costs which prevent the entire money from going to causes or people they want to support. There are many ways to maximize the impact of every donation made to charity.
If you’re a UK taxpayer, you may increase the value of each donation you make by way of Gift Aid, an Income Tax relief scheme designed to aid charities in getting maximum benefit from the money they receive. Because Gift Aid enables the charity to recuperate the basic tax rate on your donation, this scheme effectively adds 25p to every £1 you make for free to the charity.
There are many other options to make a donation tax-efficient and efficiently, including making a donation directly from your earnings (before tax deduction) via a payroll giving scheme; giving shares to charities; or leaving an inheritance to charity in your will. These options of giving make sure that the charities you choose to support benefit as much as they can by your generosity and may create a lasting bonding between you and the causes that you are passionate about.
- Giving can remind family and friends to the value of giving
Being aware of someone who donates to charity can serve as the catalyst to donate to charity. When you donate to charities, you could be able to help keep your family and friends informed of causes that they are interested in and would like to contribute to.
Your charitable contributions could create a family-wide initiative to support a cause or charity that has an important significance to your family as a whole.
Giving to family members creates bonds and strengthens bonds through a common cause and can often result in more donations than would otherwise be feasible by individual donations. It is likely that most of your family members are already making donations to charities and working together can assist you in making more impact.
Spending time donating to charities with your children can be an effective method of showing children from an early age that they are able to make positive change in the world. Children are naturally inclined helping others, so encouraging their generosity could mean that they will grow to be more aware of what they have and will continue to support charitable causes and charities in future years.
If you have kids beginning the tradition of giving to charities together is simple – you can create an individual donation box for the family which everyone can fill and choose a charity for the family each year. Involve children in deciding which causes they want to support.
- Giving to charity strengthens and strengthens the community
It is believed that the Covid 19 pandemic has encouraged many of us to take a deeper review of our communities and consider ways we can be a part of the solution. Donating to charities especially locally is a great method of investing in the communities and people which make up our daily lives.
If you are a part of different communities, you’re likely to be in a position to spot causes in your area that can benefit from charitable donations and help. You may also have insight on how you can donate your time or money to maximize your impact and help strengthen your community.