One reason I like David Bach is that he regularly talks about giving -- that we should take part of our finances and help out those less fortunate. I think his thoughts on this topic are worth sharing. Here's what he said in a recent Yahoo article:
One incredible truth has stood the test of time: The more you give, the more you receive. This notion -- that the more we give back to others, the more comes back into our lives -- is practically a law of nature.
Over the years, I've seen firsthand that the "have mores" give more. I don't think this is a coincidence. People who give to help others in need -- by donating money, time, energy, or expertise -- live longer, happier, and wealthier lives.
But while money makes life easier, it can't always bring happiness. Real happiness comes from living a life of meaning. Winston Churchill once said, "We make a living by what we earn, but we make a life by what we give." I truly believe that.
Finishing rich is an important and worthy goal, but having a purpose bigger than money is critical to long-term happiness, joy, and personal fulfillment. Having nice stuff is great, but living a life of meaning is even better. With that in mind, consider the possibility that your life is meant to be lived with a purpose higher than simply accruing wealth -- and that purpose is to use your wealth to make a difference.
I agree 100%. Those who are more generous tend to be happier with their wealth. And, in case you're wondering, I do agree that "the more you give, the more you receive" is practically a law of nature. I've discussed this notion before in Does Giving Help Make You Wealthy or Are You Wealthy in Spite of Giving? and Giving Makes You Wealthier.
I know that many people think about giving at the end of the year. If you're considering doing so, let me encourage you to give generously to the cause of your choice. Even a small contribution can make a big difference to those who are needy, sick, and without hope.
I totally agree that the more you give the more you receive; and in more ways than one.
Posted by: MaryE | November 29, 2007 at 05:42 PM
I fully agree.
This is a spiritual thing with our family. The hand that gives is far better than the hand that receives.
And when you have nothing material to give, give a smile or kind and soothing words.
It will come back to us, always.
Posted by: fathersez | November 29, 2007 at 11:32 PM
Statistically, it is the have lesses that give more, but it is primarily to religious institutions.
Posted by: Lord | November 30, 2007 at 05:15 PM