We’ve all heard it before - it’s better to give than to receive. When you really think about it, giving and receiving go hand in hand.
Countless studies have shown solid evidence that givers experience many benefits themselves. Aside from the obvious tax benefits, those who selflessly give reduced their mortality rates compared to those who do not lend a helping hand. Giving to the needy and to charitable organizations is good for your physical health, longevity, and most especially, your mental health. Mahatma Gandhi is quoted as saying, “The best way to find yourself is to lose yourself in the service of others.”
See how you can incorporate charitable giving into your life by updating your financial plan this season.