There are many different facets to saving money. Aside from saving to pay yourself first and saving to invest, there is also another key area of savings which is saving to give! Saving to give can be a difficult concept to grasp, especially if you’re struggling just to keep your head above water…and understandably so. I mean if you’re having a rough time even saving for yourself, how then, can you expect to save to give?
I get it! And there’s only one good way to do that. In order to give financially, you need to get your own financial house in order first of course. You have to be able to take care of your own needs and financial responsibilities so that you can truly give to others without putting yourself in a financial tailspin. Otherwise you could find yourself in a position of not being able to help yourself, let alone anybody else.
“Kindness in words creates confidence. Kindness in thinking creates profoundness. Kindness in giving creates love.” – Lao Tzu
I like to equate it to the metaphor of being on an airplane when the cabin pressure is lost and masks drop from overhead. You’re instructed by the flight crew to place the mask on yourself first and then help the child or person next to you. The reason is that you will ensure your ability to help that child or person next to you, if needed, by taking care of yourself first.
Going back to finances, the better you’re able to get your own financial house in order, the more you’ll be able to give and the more people you may be able to help. Giving should be something you do on a regular basis, not just when it’s convenient for you. It should be something that you do whenever you feel the need to give and that you have resources available to give when that feeling rises up inside of you!
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