Tax deduction benefit of charitable giving is well-known. For some, it should be the last goal. But there are few other lessor known benefits of charitable giving. Here are some of my favorites.
- Improve the life of those who are unfortunate: Your donation whether it is in kind or money will help to improve the needy. Not just material giving, volunteering your valuable time can improve not only yourself but also the life of many others.
- Satisfy your inner most desires: A university research finds that giving activates a part of the brain that mimic the feeling that one can get from using substance or stimuli. Giving activates the deepest part of the brain giving one an immense feeling of satisfaction.
- Help your local community: Giving to a national organization helps many at large. But if you target an area, giving to a local charitable organization is the best and produce direct and visible results. Local organizations can respond faster than national organizations when it comes to disasters. It is a good way to ascertain well-being of your community.
- Volunteering can bring happiness as well as improve your health. Studies show that it helps seniors to improve their cognitive health. It can be a great way to reduce stress too.