If you have found your way to this article, you most likely have a generous heart and enjoy giving away money to a favorite cause. But have you ever thought about how you give away money? Do you give purposefully or haphazardly as opportunities pass in front of you?
Developing a purposeful plan for giving away money might seem silly. You may want to give wherever and to whomever you like without feeling held back by a plan. There is great freedom in that philosophy. However, as I’ve found out over the years, there are also great dangers.
Putting together a purposeful plan for giving away money is a fundamental exercise you should go through. In short, it will help you have success with your finances.
Everyone who gets serious about their finances tries hard to make a monthly budget work. We make a plan to pay for the kid’s college. And we work tirelessly in order to support ourselves in retirement.
So why do we ignore this area of our finances where a lot of money could also pass through our fingers?
The fact is we shouldn’t ignore it. Here’s how to get purposeful with your giving.