HOME | CONTACT US | SITE MAP | ACKNOWLEDGMENTS
Key to success Income Saving Spending Investing Donating Spending plan Resources Donating Finally, an important part of your spending plan involves the money that you choose to share with others. This type of giving is called donating. In the next section, we’ll talk about why giving is important. For now, we’ll look at the different ways to donate and how a spending plan can help you do so. Giving money Your spending plan will help you know how much money you have to help support important causes. Some people choose to give 10 percent of their income away. Others give less than 10 percent, or more. The amount you give is up to you. What’s important is that you plan your giving wisely. In your spending plan, you may wish to include a category for donating funds. This category includes money that you will give to organizations and even individuals. It’s a good idea to choose a set amount for giving each month. Make it an amount that you easily can afford. There’s no point to giving if it’s draining for you. Your giving should make you feel empowered. Volunteering your time In addition to giving money, you may wish to donate your time to support causes. Time donations aren’t factored into a spending plan. But they’re important to mention because they’re very valuable. Most organizations can use help in the form of financial support. Many also can use volunteer time. When you volunteer, you give of your time to help a group or individual. You don’t charge any money for your services—you simply donate your time. Volunteering can go a long way to help many organizations. Plus, it can be especially rewarding. When you donate money, you may not see how your gifts are put to use. When you volunteer, you see your work in action! You get to experience how your time donation helps. RETURN TO TOP INSTRUCTIONS | YOUR MONEY | YOUR COMMUNITY | NONPROFIT | FAMILY GIVING | RESOURCES PRINTER FRIENDLY | TELL A FRIEND ©2006 Learning to Give