It’s true that money is not everything in this world. In fact, businesses have begun to recognize the detrimental effects of overworking their employees to focus only on their bottom line that they are now putting a premium on work-life balance. They are now encouraging their employees to get off work on time or reserve weekends for family.
But here’s the real deal: Even if money isn’t the be-all and end-all of living, it’s still a very integral part of life in this world. You need money to buy food, send you kids to school and pay the mortgage. If you want to leave your mark in this world, you also need money. While you certainly can volunteer your time and effort to the cause you believe in, giving funds that will allow the charity to continue doing its good works long after you are gone is putting the good you do in an entirely different level.
Obviously, you can’t be more generous if you don’t learn to manage your money now. Without funds allocated specifically for giving, it’s impossible to actually support the cause you believe in. You will be using them to pay off debts or spending them for your immediate needs. However, if you manage your funds well, you will be more able to do good in the world. You will be in a position to feed the hungry, save the environment and build homes for the homeless.
By eliminating your debts, saving for the rainy days and contributing money for your retirement, you will be placed in a better position to help those in need. In essence, you will be empowering yourself. If you don’t believe this, consider the succession of events outlined below:
When you know how to manage your money, you can choose the career you want.
Naturally, we all have to start working for someone else. Usually, this comes in the form of a 9 to 5 job. However, the difference between those who continue to work in the same job even if they don’t like it and those who go on to work for another employer who they actually like or go on to found their own company is often how they manage money.
Those who know how to allocate their funds well, save their money and not spend these needlessly have the flexibility to look for other opportunities. This is because even if they don’t earn for a while, they have set aside funds to take care of their daily expenditures while they look for jobs that pay better or provide for more benefits.
When you choose your career, you have the power to do more with your life.
Imagine what would happen if you actually worked not only because you are after the money but because you actually love what you do. You would be able finish your work on time because you wouldn’t be so stressed (it’s hard to get stressed when you love what you’re doing). As such, you would have more time to spend with your family and pursue the interests you love. It’s also easier to share when you are happy with what you do.
When you are in control of your life, you can do what you want to do with your money.
If you are in control of your life, you can choose whatever you want to do with the money you have saved. For instance, if you want to have an impact on the charities you want to support, then you can make periodic contributions to it. In the same vein, you can also opt to just give it all to your heirs if you really wanted to. The point is, you have the power to do with as you wish with your own money.
When you have the power, you can choose to concentrate your giving to the charity or cause that you really believe in.
With your money and potentially, the power that you wield, you can increase the impact you make by giving funds to the cause closest to your heart. If you can afford to support more charities then your kindness will certainly be appreciated more by those who you help. However, you can achieve the same impact even with only a limited amount of funds by concentrating your contribution to only a single cause.
When you continue to give to the cause you support, you ultimately leave a legacy that generations can remember.
Those who continue to manage their money well can afford to continue their giving year after year. Your good deeds will be remembered by succeeding generations. This will be the legacy of kindness you give that even your sons, daughters and great grandchildren can emulate.
The succession of events given above should encourage you to get a handle on your finances. When you don’t have any debts, have your children’s college education funded for and are prepared financially for retirement, you are in a better position to give and consequently, leave your legacy in the world.
If you think about it, your quest for wealth can be useless if you don’t know what to do with the riches you are able to accumulate. You can’t bring your money with you to the next life. Once you die, your money is left in this world.
Thus, the true worth of money lies in what you do with it while you are still alive in this world. As discussed above, your money can become a tool for giving and supporting the causes closest to your heart. In the end, you can only realize money’s real value if you do a lot of good things with it. You don’t even have to look far to use your money to do good things. You can start by looking at what your money can do in your home front.
You can use your money to buy a good home in a safe neighborhood.
When you have the money, you have the flexibility to choose which home to buy. You can definitely opt to buy a house in the most exclusive and gated communities. However, if you feel that your children are not going to establish strong friendships there because the people hardly know or even see each other then you’re not really putting your money to good use. You can opt to buy a house in a friendlier and closely-knit neighborhood where you know that your children are going to be safe and happy.
You can use your money to get a car that you can use to get yourself and your family to where they want to go.
You can put your money to good use if you purchase a car that you can use to drive yourself to work, to your children to their after-school activities or your wife to her weekly grocery shopping schedule. If you have a large family, you can use your money to buy a bigger car where everyone can fit. If you purchase the latest race car model just for the sake of showing off to the neighbors that you can afford to get one then it’s not using money purposefully because that car is just going to degenerate and become worthless.
You can use your money to teach your kids how to be generous.
Your money can be put to good use if you show to your children the good it can do to those in need and the impact your contribution can make in this world. By teaching your kids the importance of helping people, you are teaching them that money is only good if you use it to help others. Otherwise, they might get the idea that working for the sake of earning money and nothing else is the right thing to do.
You can make your children realize that spending time with the family is more important than money.
If you keep on missing your kid’s soccer games or school plays because you have to attend to something at work, you’re giving them the wrong signal—that work is always going to be more important than family. Eventually, if you don’t spend enough time with your family, especially your spouse, your marriage is going to unravel. That’s going to set a bad precedent for your kids to follow.
You can use your money to help alleviate the world’s problems.
You certainly won’t be able to extend a helping hand to all the world’s hungry or all children who need to be operated on because of cleft palate. However, you can definitely make an impact in your own little way by giving to the organizations who are doing something to help solve the problem .When your contributions are pooled together with others, you are definitely doing your share to help make the world a better place to live in. Remember, you don’t have to do everything yourself but every little bit you do counts!