Rendering to an article recently released by Atlas of Giving1, after a stellar year of charitable donations in 2014, the outlook for this year is below robust. In fact, U.S.-based giving could decrease by as much as 3.2% for a variety of reasons—including rising interest rates, a possible stock market correction, and continuing decline in employment compensation. But just because certain economic factors may have an impact on giving, this doesn’t mean that you should put off your own charitable efforts. You might be surprised to learn that, ultimately, it might be you who reaps some of the best rewards of your donation. Here are nine positive effects of giving to charity.
- Experience More Pleasure
In research conducted by the National Institutes of Health2, participants who chose to donate a portion of $100 they were provided enjoyed activated pleasure centers in the brain. Although this experiment was controlled and scientific, it did show that donating money simply makes you feel better, which is something we can all benefit from.
- Help Others in Need
We don’t live in a perfect world, and there’s never going to be a perfect time to give—but there are always people out there in need of help. Whether interest rates are rising, the economy is in the doldrums, or even if you’re experiencing financial difficulties of your own, the reality is that when you donate your money, you help others who need it.