Motivational finance books, such as The One Minute Millionaire or Think and Grow Rich stress the importance of giving. They claim that if you give, you get back a thousandfold more.
How is that? Doesn’t it seem counter-intuitive to you? It always has to me. But, it isn’t and here are my thoughts as to why.
Humans are hard-wired to give.
We are social animals. We have evolved over the eons to live in groups for protection. Admittance to the group used to insure an individual of shelter, food and protection against other groups and animals. Admittance to the group also DEMANDS that the individual contribute to the group. The individual has to give something to get the benefits of the group.
Prevention Magazine reported on a study in article Are You Nicer Than A Toddler? which shows that people as young as 2 are wired to give:
“Researchers from the Max Planck Institute for Evolutionary Biology in Germany recruited some tough subjects for their study on compassion: a group of 2-year-olds. For their experiment, adults dropped something and then pretended to have trouble picking it up, at which point the toddlers were either allowed to help, or watched someone else help. The results? The toddlers’ pupils dilated equally in both situations, indicating that they got a positive boost in both situations. Basically, the kids wanted the other person to get help, and got satisfaction even just by seeing it happen.”
Giving makes you healthier.
Because we evolved this way, giving makes us feel good. When we feel good, we are less stressed, happier, calmer and so healthier.
According to Oprah in 6 Ways Giving Makes You Healthy
“Simply contemplating generosity boosts your immunity. When Harvard students watched a film about Mother Teresa tending to orphans, the number of protective antibodies in their saliva surged; when the students were asked to focus on times when they’d been loved by or loving to others, their antibody levels stayed elevated for an hour. In another study, the brain’s pleasure centers lit up when people made check marks next to a list of organizations to which they wanted to donate.”
The New York Times article from 2009 called In Month of Giving, a Healthy Reward backs this up with citations of multiple studies showing various health benefits of giving.
Giving builds your social contacts.
It’s commonly written that the more people you connect with, the better chance you have of becoming better adjusted, healthier, more successful and richer.
Giving (especially of your time) helps you connect with people in a common cause. Growing acquaintances into friends and possibly business associates helps you become successful, happy and may just give you that million dollar business idea.
Giving helps the economy.
We all know our economy can use some help. When you contribute to your favorite cause, you not only help the cause, but you provide funding for that cause to hire employees, buy materials and purchase services – all of which put money into circulation to help grow the economy. If the economy is doing well, chances are you are better off.
Giving is congruent with most religions.
Many people believe that humans have an immortal soul that needs to be nourished so we can spend the ever-after in an agreeable place. Giving is acknowledged as an acceptable way to move towards those pearly gates.
Giving causes a natural ‘high’.
In a 2011 article The gift of giving reaps healthy rewards Cathy Johnson reported that:
“Some of the other changes that happen when we give have even been observed in brain scans. Studies involving functional magnetic resonance imaging (fMRI) scans have shown donating money to charity triggers the same pleasure and reward systems in the brain as food and sex. “
So go ahead, be selfish and GIVE! What’s your favorite way?