We talk a lot about saving, investing, and other important money skills, but not enough is said about giving. But, studies have shown that kids involved in philanthropy and giving tend to have better mental health and a more positive outlook on life. In this article, we’ll discuss why teaching kids about philanthropy and giving matters and provide tips on how to get started.


Why Teaching Kids About Philanthropy Matters

Teaching kids about philanthropy and giving is essential because it helps them develop empathy and a sense of community. It can also help them understand the value of giving and the impact they can make in the world. 


Tips to Get You Started

Here are a four simple tips to guide you in teaching your kids about philanthropy and giving:

1. Start Small

When teaching kids about philanthropy, start small. Start by encouraging them to give back to their local community, such as volunteering at a food bank or donating clothes to an orphanage. This can help them understand the impact they can make in their immediate surroundings.


2. Make It a Family Activity

Getting the whole family involved in philanthropy and giving back can make it a fun and rewarding activity. Look for local volunteer opportunities that the family can participate in, or start a family tradition of donating to a charity during the holidays.


3. Use Age-Appropriate Language 

When discussing philanthropy and giving back with kids, it’s essential to use age-appropriate language. Younger children may not understand complex concepts, so break them down into simpler terms. Use stories or examples to help them understand the impact they can make.


4. Lead By Example 

One of the most effective ways to teach kids about philanthropy and giving back is to lead by example. Show them how you give back to your community, whether it’s through volunteering or donating to a charity. This can help them see the value of giving and inspire them to do the same.


Teaching kids about philanthropy and giving back is essential for raising responsible and compassionate individuals. So, start today and make giving back a part of your family’s values and traditions.