not-just-for-profit.com Blog » Why People Give http://not-just-for-profit.com/blog by Bettina Grönblom Hammerich Sat, 21 Jun 2008 11:55:06 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Giving makes you rich http://not-just-for-profit.com/blog/2008/04/22/giving-makes-you-rich/ http://not-just-for-profit.com/blog/2008/04/22/giving-makes-you-rich/#comments Tue, 22 Apr 2008 15:47:48 +0000 Bettina Gronblom Hammerich http://not-just-for-profit.com/blog/2008/04/22/giving-makes-you-rich/ It is now proven that not only does giving make you richer in that it makes you feel good/ i.e. emotionally richer, but scientifically it can now be proven that giving makes you rich financially as well.

Apparently increases in personal income and giving mutually reinforce each other, and this is true for economic growth (GDP) and national charitable giving as well. Taking into account differences in age, religion, education etc, research now show that people who give charitably make more money than those that don’t and they give more when they become richer – perhaps not so surprising  – but emerging evidence proves that giving actually stimulates prosperity – people grow financially wealthier when they give more!

For more on this research see http://www.portfolio.com/views/columns/2007/10/15/Charity-Makes-Wealth.

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