By budgeting your charitable donations ahead of time, you can streamline the process and avoid last minute decisions. Giving to charity is important for many individuals who want to help improve the lives of others. Knowing which charity to give to is equally important. While there are always charities that call and ask for donations, it isn’t a good idea to give money away without knowing something about the charity.
Even when you know a charitable organization is legitimate, it is important to know how the money you give will be used. Some organizations that collect money for good works have high overhead costs, which limit the amount of money that is actually going to help others. You can view the records of legitimate organizations so that you will be satisfied that the majority of the money they collect is going to help others.
Once you decide how much you want to contribute each year, divide this amount by 12, and budget each month. This way, when it is time to write a check, you will have the money and you can feel good about your donation. Even if it is a small amount, it adds up. Never feel guilty about donating a small amount of money.
Unfortunately, many individuals do not give to charity because they feel that their small donation will not matter. This could not be further from the truth. Regardless of the amount your budget allows you to contribute to charitable organizations, be proactive, and give this amount proudly.
Many individuals contribute to certain charities because a loved one suffers from a certain disease, such as diabetes. Others give to charities that help homeless people because they once knew someone who was homeless. Whether or not you have a personal connection, choose a charity that does the kind of work that is in line with your values and give proudly.