Charity really does begin at home
Learning about philanthropy and giving back to your community are important—and sometimes overlooked—steps in becoming financially literate.
Introducing your kids to the concept of philanthropy can be as simple as talking about your own volunteer work or encouraging them to donate some of their savings to an important cause. Like saving
, charitable giving will ideally become second nature.
Passing on important values
Convincing kids of the importance of philanthropy probably won't be difficult. But convincing them to make it an ongoing habit might be more challenging. When talking with your kids about philanthropy and volunteering, keep in mind that giving back to the community:
Want more ideas? Try these five tips
- Helps your kids view the world through a broader lens
- Gives kids an opportunity to experience what it feels like to have a positive influence or help someone less fortunate
- Offers you, as a parent, a meaningful opportunity to reinforce important values
to help make philanthropy an important part of your family's life.
The information on this website is for educational purposes only. It is not intended to be a substitute for specific individualized tax, legal or investment planning advice. Where specific advice is necessary or appropriate, consult with a qualified tax advisor, CPA, financial planner or investment manager.