How Families Can Support Japan and Its People


Smart donors with deep pockets have a practice of matching donors’ gifts dollar-for-dollar. This is something parents can do with their children, no matter the ages of their children. If you have kids, they probably know about recent events in Japan. And they probably are concerned about the trials people are suffering. But is there anything they can do about it?

There is!

Young kids have great attitudes. They don’t often worry that their efforts, however small, are insignificant. This should inspire parents. And parents can build on the charitable inclinations of their kids. They can talk about concrete needs and specific organizations that are in the best position to assist with those needs. They can support their kids’ desire to help by offering to match their contributions by some multiple of every dollar they give or raise for charitable support.

Two organizations impress me as most worthy because they are best organized, most experienced, and most fiscally responsible and efficient. They are Samaritan’s Purse and the American Red Cross. So one option is for parents to invite their children to consider what they can give and tell them that whatever they give will be matched by five or ten or twenty or a hundred additional dollars.

If you have a seven-year-old who is prepared to sacrifice $5.00 he’s saved for something else, then you might offer to match it with $100 for each dollar. Explain to him how each dollar he donates creates an additional $100 of support to meet needs in Japan. This can sound a little abstract if you don’t illustrate with concrete goods that will be supplied or numbers of people who will be helped. So you’ll need to do your homework. Try to determine what your $100 will cover and communicate this to your kids in ways that will make sense to them.

Challenge your older children to give more. You may have to match their contributions with fewer dollars because of your budget.

Here’s another idea. Begin setting a portion of your charitable giving aside for emergencies that arise. Place this portion in a fund that will accrue interest or in a stock portfolio. As emergencies arise, you will already have available a measure of money designated for giving in times of emergency.

Fidelity Investments, for example, has a Charitable Gift Fund. You can open a Charitable Gift account, select the type of portfolio you wish to contribute to, then make deposits to this account according to your own schedule. The funds you deposit will rise and fall with the vagaries of the market and the portfolio you adopt. Your tax deduction for charitable giving is for the year in which you make the deposit. Once the money is deposited, it cannot be withdrawn. At the time of your choice, you decide whom to support and for how much. You then authorize Fidelity to post a check to the designee, charging your Charitable Gift account for the amount you have designated. It’s pretty simple and a great way to apportion your giving for special needs, whatever they may be.

Of course, you can combine this idea with the matching idea, and get your children involved in regular giving. They can help you decide when it’s time to give to a particular cause. And they will, no doubt, be sensitive to needs that aren’t on your radar.

If you have other ideas about how families can join in efforts to assist with emergency needs, especially during this time of trial for people in Japan, I welcome your suggestions.

By the way—I think this is also a way to inculcate your values into your family culture. Love, self-sacrifice, patriotism, and other values can be reinforced with careful attention to the motives that lie behind our concern for others less fortunate or differently blessed than ourselves.

Getting the Most Out of Your Kindle—Tip #1


“Bibliophile” isn’t a strong enough label for my affection for books. “Bibliophiliac” is probably more accurate. One symptom is my habit of cruising bookstores. But as much as I like the brick and mortar shops, they have two limitations: price and selection. Three out of four times they don’t have a book I’m there to find, and the one out of four times they do I usually have to pay full price. So I resort to browsing, which is dangerous. The temptation to buy, even if it’s something I wasn’t looking for, can be overpowering. You know the drill.

But I have a Kindle, and I (almost) never leave home without it. And my Kindle is very handy when I’m in browse mode.

Suppose my arms are laden with books that beckon. I go to the most inconspicuous bench or chair in the store, turn on my Kindle, and flip the switch for Whispernet. Within a few seconds I have a wireless connection to the Kindle store. I type in the title for one of the books I’ve gathered and let my Kindle search for it. If the title isn’t yet available on Kindle, I set the book aside and repeat the process for the next one, working my way through the stack.

It really gets interesting when I find that a Kindle version of the book is available. I have a choice. I can order it and have it on my Kindle within moments, usually at a deep discount, OR I can download a selection from the book . . . for FREE. Since I can always buy the book later, and I may decide I want a physical copy rather than the Kindle edition, I download the free selection and move on to the next book.

Later, when my pulse has slowed, I read the selections I’ve downloaded. I now have a good idea whether I want to spend my money, and whether I want the Kindle version or a physical copy of any item. Bottom line? I make better decisions about the books I buy, I spend less, and I enjoy greater mental health. All because my companionable Kindle has kept me from compulsive spending and buyer’s remorse. And eventually, my Kindle pays for itself! How great is that?

***

The Get Rich Slowly blog has posted “Six Steps to Curbing Compulsive Spending.” They’re good ideas. Let me add one more, specially suited to the bibliophiliac:

7. Don’t shop bookstores without your Kindle.

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