5 Reasons Why Giving is Important to Your Own Wellbeing
A recent article by Charity Aid Foundation explored the concept that donating to the causes you care about not only benefits the charities themselves, it can be deeply rewarding for you too. Millions of people give to charity on a regular basis to support causes they believe in, as well as for the positive effect it has on their own lives.
Why is giving to charity so gratifying? CAF took a closer look at five reasons to donate to your charities of choice, we’ve shared these below.
1. GIVING TO CHARITY MAKES YOU FEEL GOOD
Donating to charity is a major mood-booster. The knowledge that you’re helping others is hugely empowering and, in turn, can make you feel happier and more fulfilled.
Research has identified a link between making a donation to charity and increased activity in the area of the brain that registers pleasure – proving that as the old adage goes, it really is far better to give than to receive.
The UK’s Charity Aid Foundations research into why people give supports this. They asked 700 of their generous donors about what motivates them to give regularly to charity;
42% agreed the enjoyment they receive from giving as a key influence.
2. GIVING TO CHARITY STRENGTHENS PERSONAL VALUES
In Charity Aid Foundation research, ‘Why we give’, a feeling of social conscience was the most widely-given reason to give to charity. Whatever type of charity work they supported, 96% said they felt they had a moral duty to use what they had to help others, a sentiment very much rooted in their personal values and principles.
Having the power to improve the lives of others is, to many people, a privilege, and one that comes with its own sense of obligation. Acting on these powerful feelings of responsibility is a great way to reinforce our own personal values and feel like we’re living in a way that is true to our own ethical beliefs.
3. GIVING IS MORE IMPACTFUL THAN EVER
Many people are concerned that their donations to charity may be reduced by tax or administrative costs, preventing the full amount from reaching the people or causes they really want to help. Thankfully there are ways to make the most of every donation to charity.
Give to charity tax-effectively, such as by donating straight from your salary before tax is deducted through a payroll giving scheme, donating shares to charity or leaving a charitable legacy in your Will. These methods of giving ensure your chosen charities benefit as much as possible from your support.
4. GIVING TO CHARITY TEACHES CHILDREN THE IMPORTANCE OF GENEROSITY
Sharing the experience of donating to charity with your children shows them from a young age that they can make positive changes in the world. Children naturally love to help others, so nurturing their innate generosity is likely to mean that they grow up with a greater appreciation of what they have, and will carry on supporting charity in years to come.
Starting a tradition of donating to charity with your children is easy – try creating a family donation box that everyone can add to and nominate a family charity each year, involving the children in choosing which causes to support.
5. GIVING TO CHARITY ENCOURAGES FRIENDS AND FAMILY TO DO THE SAME
Your own charitable donations can inspire your nearest and dearest to give to causes important to them, and could even bring about a family-wide effort to back a charity or charities that have special significance to you as a group.
Family giving creates a bond, helping to bolster relationships through a shared goal and raising more money than could otherwise be possible through individual donations. Chances are, many of your family members are already giving to charity, so working together could help you to make even more of a positive impact.
If this has inspired you to make a donation to charity, we can help. We make it easy to find a charity that’s working for causes important to you; whether you want to make a one-off donation, set up a donation plan or find out how to donate your time.
Simply send us a message with the causes important to you and we will get back to you with some suggestions.