Friday Financial Tidbit-Being a giver the whole year and not just in December

December is the unofficial “giving” month. We give gifts to our loved ones and friends around Christmas each year. We also give gifts to families who are struggling in our churches or workplace.  In addition, we give our loose change from our pocket to such charities as the Salvation Army and make our final charitable donations to our favorite charities by year’s end. It feels great to be able to give in the month of December, but why do we only give then? What about the other 11 months in the year?

Giving throughout the year is a major component of a healthy financial plan. In fact, it is the first thing we have you budget each month when you are working on a written cash flow plan. It is important to do because giving not only feels nice but it takes the focus off of yourself and your wants and instead lets you experience the joy of providing for others’ needs. It is such a great experience that you hardly even notice the money is gone from your accounts! But do not think that giving is just in terms of money. Giving also can entail your time, talents, and energy as well.

From a personal point of view, I agree with the phrase that it is always better to give then to receive. The money and time that my family has given over the years has been multiplied many times over in blessings received. In fact, we feel that there is no better way to spend our money than to give it away and we look forward each month when we can support our favorite causes. So instead of waiting until December to start giving why not make giving a strategic part of your monthly spending plan today?

What are some of the ways you are able to give back? Please feel free to share your giving stories below in the comment section.

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About Jon White

Giving people hope and seeing them win with their finances is something I have a strong passion for. Because of this passion I started JW’s Financial Coaching in the summer of 2010. Financial coaching has allowed me to combine my passions of finances, teaching, and helping others by helping people get on the right track financially. I'm interested in hearing your story so please do not hesitate to interact with me through social media.
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