AOF Principles of Finance Lesson 12 Conclusion: charitable giving

Why should I incorporate charitable giving into my financial plan? What does the following quote mean to you? “Be the change you want to see in the world.” – Ghandi a.) Why is it important to “be the change” in the world? b.) What can we do to be the change? c.) What resources do we need to take in to consideration when implementing change? (time, money, expertise, etc.) Have you ever volunteered or given to a charity? a.) What do we gain by giving? b.) Why is it important to think about giving to others when making financial plans? c.) How is sharing money connected to spending and saving?

Charitable Interests What types of charities they already support or would be interested in supporting (e.g., if they enjoy reading, then a literacy nonprofit could work for them; or if they love sports they might donate to the Special Olympics). Charity Checklist (Worksheet) Complete the worksheet. Create the charts shown on page 1 and 2. Type your responses to complete the worksheet. Record your interests Research possible charities to match your interests Explain why the organizations interest you Complete page 2 of the Charity Checklist

Evaluating Credibility Why it is important to research a charity before “blindly” donating money? Why should we look at a charity’s website and contact information? Why should we review the work the charity has done in the past? Why do people set aside money for charity instead of spending or saving it? Why is it important to work charity into our financial lives? How can you plan for charitable giving in your budget? (How can you be sure to set aside enough money?)

Reflection Why it is important to consider charitable giving? What are the benefits of being charitable and how can we integrate it into our financial plans?