WHY YOU SHOULD DO CHARITY? 1. Charity donations are tax-deductible. Sure, some portion of taxes go to helping those in need (welfare, disaster relief, etc.), but if we donate $100, we get a large portion of that back if we list it as tax deductible. Suddenly your $100 donation is only $65 out of your pocket. The point is to actually give the money away, remember? So up your donation to $150 and you’ll be effectively giving the $100 you planned. 2. Giving now is better than giving in the future. It may seem like a small amount now, but a dollar today is worth more than a dollar tomorrow. Don’t wait until you’re super rich to give to charity. Your $100 now may have a larger impact on you now, but it also have a larger impact on the charity than if you waited 5 years to give that $100, when inflation knocks that value down to about $85. 3. You can double your contributions without doing any work. Instead of simply sending off your money, why not find out if anyone is ...