PLAN YOUR CHARITY

When it comes to chalking out that perfect financial plan, for a wealthy person even in these economically unstable times, charity still goes a long way. Apart from planning to spend wisely and investing for the future, rich people are also removing some funds aside for charity. In fact on a average a good ten percent of the earnings annually is spent of charity by millionaires.

In fact even looking at from the business point of view one may enjoy immense positives by giving away generous amounts on charity. This is to results in superior ROI in a way. People may end up with better expanded networks, increased sales, positive publicity, promotions, marketing etc

But then charity today may not simply be done just like that. One needs proper planning. Selfless charity goes a long way in the building a better community and economy. It ought to be done strategically and with efficiency. There ought to be volunteers with their charitable programs and fundraisers.

One may as well start of doing charity for something that one’s heart truly feels for. This can be cancer, AIDS, children, disaster victims etc. One may as well go and research about a charity organization and narrow down on the one or two group. A charity group which is doing enough for the welfare for the society should be chosen.

One may then set up his own budget accordingly and steadily increase the monthly amount that he spends on charity. One may start off with $50 monthly and go on to $75 monthly.

Ruth Parasol Deleon, founding member of Bonita Trust; is committed to offer the best possible philanthropic giving through Flip charity which creates awareness amongst the teenagers for community development in Gibraltar.

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