Better to Give Than Receive - Butler Financial, LTD
Navigating a sea of negativity - June 21, 2022

Resources

Better to Give Than Receive


An act of generosity can benefit the benefactor, too.

November 21, 2016

The moments that bring us the most joy during the holiday season – and throughout the year – are rarely centered on the self. Instead, they’re the rustling of a gift in a child’s eager hands, smiles on family members’ faces around the dinner table and the singular feeling of warmth you receive from heartfelt acts of generosity.

And since acts of generosity are more prevalent this time of year than any other, it’s interesting to note that generosity can be good for the heart – and the head – in other ways. When people think about helping others, they unconsciously activate a part of the brain responsible for feelings of gratification. But thinking about and being generous have other, more tangible benefits as well. Researchers from the University of Buffalo recently found a link between unselfishly helping others – whether carrying in the groceries, watching the neighbor’s children or driving a housebound friend to a community event – and the potential for a longer lifespan.

And that’s not all. An online national survey of 4,500 Americans conducted by UnitedHealthcare found that those who volunteer have less trouble sleeping, less anxiety, more confidence and empowerment, better friendships and social networks, and a sense of control over chronic conditions.

The effects can be felt whether you give of your time, talents or money. But to make the most of the latter, be sure to talk to your advisor about the most tax-efficient way to give to the causes you care about.

Sources: greatergood.berkeley.edu, psychologytoday.com, health.usnews.com, huffingtonpost.com

Other posts you might like
ButlerFinancial
Live by the numbers, die by the numbers

Economy & Policy July 01, 2022 Chief Economist Eugenio J. Alemán discusses current economic...

read more
ButlerFinancial
Translating market moves in challenging times

Markets & Investing July 01, 2022 Where can investors turn when the markets are a riddle? Raymond James...

read more
ButlerFinancial
Weekly market guide

Markets & Investing July 01, 2022 Review the latest portfolio strategy commentary from Mike Gibbs,...

read more