Hot Topic of the Month - April 2009

This is the final topic for the financial series and it is on Giving Back. It is about charity and the good you can do by supporting various charities. It just feels good to help others. Try it sometime!

Doing these hard economic times you may feel that you are just making it but even a dollar here or there can mean so much to someone who is less fortunate than you. When many give just one dollar it can add up to millions!

As you pay off your debt and start earning interest and dividends on the money you are saving and investing please remember to give. Even the U.S. government supports the idea of giving back by allowing us to reduce our taxes by donations to charitable organizations. I will post additional information on what is allowed to be taken as a charitable donation on your taxes from the IRS website. Check it out in the comments to this post. You can get to it by scrolling down to the bottom of this post (the same on all posts) and clicking on comments.

Finally, even though this post is about giving back financially don't forget you can give in other ways by helping someone or organization with your time and efforts. By donating items that other can use. By sharing what you have. By spreading the word of the good works of an organization.