The purpose of this post is to let you decide which charity I will support when I run my first marathon in May this year! I’ve narrowed it down to the following short list - so I would really appreciate you voting. If you have something that you believe is a worthy cause - then please send me an email and you never know!
There is a belief that the more money you give away, the more money will come back to you. Now it sounds strange and not very logical, but I think there is definitely some merit to this idea.
Part of my personal wealth strategy is to invest 10% of all my earnings in charity. That means, every month I have a considerable amount of money to disperse to what I consider worthy causes. You know how good that feels? To be able to give to a cause that you feel strongly about, to be able to contribute to improving someone else’s quality of life!
I remember when I started out - I thought, how can I afford to give away 10% of my earnings when I can’t even afford to pay all my bills with my current income? It was a crazy thought - however I took a moment to gain some perspective. I had a roof over my head, I had a job with a regular income, I had food for myself to eat, I had a loving family and I had my health. How many people in the world would be grateful even for just one of those things in their life?
So I began to save 10% of my income. Every time I got paid, I immediately put 10% of my earnings into another bank account. Then I started to pay my bills. Strangely enough - I didn’t seem to have any less than I did before my decision to give away 10%.
Stranger still - my income began to increase. Not majorly at first, but things started to happen - opportunities came out of nowhere, and my income steadily increased. As my income increased, I stuck to giving 10% of my earning to charity - so that amount grew too. I felt great that I was in a position to be able to give to those less fortunate than myself.
Now whether you want to invest a percentage of your savings in a charity or community group is completely up to you!