Managing Anxiety Through Charitable Giving
How are you holding up? If you are like many Americans, you are probably feeling some level of anxiety regarding the COVID-19 outbreak. And that is okay. We are living in a time when feeling helpless is understandable. Ultimately, what matters is how we choose to respond.
One of the ways I try to mitigate anxiety is by helping others. Since so many of us are sheltering in place right now, I want to share an alternative to volunteering that can still impact our community. Giving financial support to those in difficult situations can make a huge difference during a time of national crisis.
So, with so much need, where should you start? Local charities in our communities are struggling right now. Give them a call and see how you can help or how you can donate. Numerous online resources can also help guide your giving. For example, CharityNavigator.org provides an overview on various philanthropic organizations, rates them and makes it simple to donate to your chosen charity.
For us at Financial Freedom Wealth Management Group, we like to give back to the communities we serve. Some of these include Lincoln County Food Share, Pacific Communities Health District Foundation, Samaritan House, Family Building Blocks, Liberty House, Food for Lane County and more.
Many organizations could use your support. Keep in mind, the Internal Revenue Service has specific rules and guidelines for charitable contributions. Please consult your Tax Professional for guidance on your personal situation.
“Only by giving are you able to receive more than you already have.” Jim Rohn
Information in this material is for general information only and not intended as investment, tax or legal advice. Please consult the appropriate professionals for specific information regarding your individual situation prior to making any financial decision.
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