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By Miriam Caldwell, About.com Guide to Money in Your 20s

Giving to Others

Thursday May 8, 2008

Once you have your finances under control, it is generally a good idea to help others. Nearly every financial expert recommends that you give some of your money away each month. Some recommend it on the karma aspect, others thinks that it helps you to be wiser in your financial choices. Generally it feels good to reach out and help others. There are a lot of causes that you can choose to give to. You should only give as much as you can afford, but you will be surprised at the benefits that come from giving to others.

If you are not in a position to donate money at this time, you may consider giving your time to helping those less fortunate. The Big Brothers/Big Sisters programs are always looking for volunteers. You can also mentor someone professionally or volunteer at a soup kitchen or an adult literacy center. There should be an opportunity that fits your interests and comfort level.

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