If you have ever done any kind of charity event or taken part in donating for a cause, you must have felt immense satisfaction and gratitude that comes from the fact that someone in need benefited from your help.
Regardless of the cause you choose, whether it’s environmental protection, engendered or abandoned animals, people living in poverty or a local community issue, the help you provide has a deep impact and the following points reflect on the most prominent ones.
It’s immensely rewarding
Scientific studies have proven that charitable actions and donations create a reaction in the brain similar to those activated by drugs and alcohol. The surge of endorphins causes you to feel great pleasure and personal satisfaction that will go beyond that one act of giving. Most people will also feel satisfied and fulfilled in other aspects of their lives as well and it’s mostly due to the fact that their actions helped improve someone else’s life.
It helps your local community
Having a tightly knit community of generous people forms a great local safety net that provides essential assistance in the times of crises and emergencies. Local community organisations are the ones that respond much faster and more appropriately to the local needs than larger organisations can and in order to do this, they need funds. These usually come from private donations so local giving is what supports its causes and enhances the well-being of the community.
It’s impactful and encouraging
A big concern for most people is the thought that charitable donations could be reduced by tax or administrative costs which means that the people or causes you want to help won’t receive the full amount.
Luckily, there are ways you can ensure your entire donation reaches its recipient – you can donate straight from your salary before tax deduction through a payroll giving scheme, by donating shares to charities, leaving a charitable legacy in your will or if there's a government-approved income tax relief.
If you don’t have ways to help financially, you can also make a great impact by participating in various charitable events where you can donate your time by joining a cause such as a charity walk in Sydney that takes its participants on route journey along the most beautiful and iconic coastal trails in the country and around the world with the aim of raising funds for mental health. It’s an epic adventure of fundraising, fun and friendship that will leave you feeling happy and fulfilled.
It teaches younger generations the importance of generosity
Children are naturally generous and kind but you can nurture that innate generosity even more by sharing the experience of donating with them. That is how you teach them from a young age that they can make a difference and positive change in the world so they will grow up appreciating what they have and will continue to support good causes in the future.
It offers financial benefits
Strong budgeting skills are necessary to make your finances work for you and your family and by making charitable donations, you can save money long-term. By setting aside a certain amount for a charity, you’ll have an opportunity to re-evaluate your budget and save for things you want for yourself.
Also, it may happen that at some point in future you’ll need help too so some organisations you support offer unique benefits such as compassionate loan programmes that help back their donors when rainy days come.
Finally, charitable donations will also cut down your taxes sometimes even up to 50% of your annual income but this is something you need to look into as it greatly differs from country to country.
It’s a part of human nature to help those in need and whether you start small by donating clothes, toys and furniture or you’re able to provide large financial aid to support a cause, whatever you can give will make an impact in someone else’s life and leave you feeling happy and fulfilled.