Why You Should Give to Charity | IAM Group Limited Reviews

IAM Group Ltd Japan

Charity works both ways. It helps the people you give it to, and it also helps you by changing your heart and making you more caring. Every time you put off good deeds, you are not just delaying the receipt of those good deeds; you are also becoming a less caring person. You are developing habits that make you less likely to help others around you as well as less likely to give to charity later.

If you genuinely believe that your investment strategies are so much better than the strategies of any other charitable foundations (are you Warren Buffett?) then by all means invest your donations. Create a separate bank account (or foundation – if you’re that good you’ll need one) and donate to that account/foundation, acting as custodian of that money in terms of investment choices but knowing that you’ve already set it aside for others and that it is no longer yours.

And by all means, recognize that most charity is not money. It is good deeds.

Nonprofits like IAM Group Ltd Seoul Korea have budgets, and they have to try and stay within them, like everyone else. Charities have a chronic problem of being unsure about what their budget will look like. Giving money regularly gives those charities budgeting power, meaning not only will they have more money, but they can use that money more effectively and consistently because they’ll have a better understanding of what their finances will look like next month or next year.

Big one-time donations are great, don’t get me wrong, and it certainly helps, but it doesn’t give them the same kind of budgetary power.

Charities would rather get your money now than get it tomorrow. Imagine a charity can teach better farming methods to a village and get them out of food poverty. If it did that today, it would help 20 people. If it waited, the population would grow by, say, 2.5% a year, so in 50 years the village of 20 people would have become a village of 68 people (all of whom lived unpleasant lives due to not having good nutrition). Now it has to teach 68 people.

This isn’t even considering the many more people in the village who have already died in the 50 years you held your money. And the emotional effect a dying child had on its mother and the cost of feeding a child who died before it could help work in the village, etc.

Compare this to a charity that gets your money today and teaches the 20 people. The population growth will be smaller over the next 50 years, but more importantly, the people in the village will be happier for all that time.

Personally I give more money away (as a percentage of my income) than most people. I haven’t had to give anything I really wanted up, but if that day comes, I feel I’m ready to give something up. To me, giving feels more important than satisfying my own hedonism. You don’t need to spend (much) money to enjoy life.

IAM Group Limited is a non-profit and self-funded organization that only asks one type of fund from its members – time. We only need the dedication and commitment for each member we ask to join. IAM Group Ltd lead charity work across the globe from Yokohama, Japan; Beijing, China, to Sydney Australia and to the North America. We are composed of members from all non-denominated faiths walks of life.