Many people whom society would regard as well-off are actually concerned about running out of money. And that fear is part of the challenge in encouraging them to engage in philanthropy. The media hardly helps the situation: Advertisers, in their bid for attention, take things to the extreme and play on those worries. You can see this daily as the financial news networks proclaim that the financial markets are in a boom or that there is gloom and doom ahead. Affluent people come to feel insecure – they could lose all their money or there could be a global economic collapse. The sky always seems to be falling. Feeling so vulnerable, how could they risk helping others? In truth, if you consider yourself able to help the world, then you are able to help the world. Generosity is an attitude, a way of life.
You don’t have to be Bill Gates. The Microsoft founder has so much excess wealth that he built one of the largest grant-making nonprofit organizations in the world. We’re not suggesting that you go out and create a huge grant-making nonprofit. We’re just saying you may be able to do a little something more, or a lot more, than you are doing currently. What is it you want to do? What do you care about? What have you long dreamed about?
Do more that matters. You can do it through giving, through living, or through both – and it certainly doesn’t need to be on a Bill Gates scale.
It doesn’t have to even be about money. It is rewarding to see clients gain the clarity and confidence to know that they can retire so that they can spend more time doing the volunteer work they love to do, redirecting their marketplace acumen and experience toward charitable and nonprofit organizations and causes. For example, one retired couple we know travel around the country in an RV working for Habitat for Humanity. They go south in the winter and north in the summer, using their skills and labor to help break the cycle of poverty, one house at a time.
Even if you can’t write a check with multiple zeros on it, you can still make a significant impact. Don’t forget what the flutter of one butterfly’s wings can bring forth.
-excerpt from chapter 4
Download a chapter of the book at domorethatmatters.com
Ron Ware, J.D. and Greg Hammond, CFP®, CPA are wealth impact strategists and personal legacy advisors who help individuals, families, and business owners enhance their financial standing while discovering a greater capacity to provide for their loved ones and support cherished charities. Contact Ron or Greg.Greg’s website: www.hammondiles.com
Ron’s website: www.wealthimpactpartners.com