The Cure for Financial Insecurity: Charity
How giving 10% of my income has allowed me to let go of my fear of losing money.
Last week, I wrote about my struggles with financial insecurity. I wrote that despite having everything, I still hear the wolves outside my door and feel them nipping at my heels.
I received hundreds of messages from people who keep this secret deep in their stomachs, only to see it rise up in the still of the night.
Many messages asked for other steps to overcome this struggle. In addition to my wife’s advice in my last post (“You are on an escalator”), I learned something else from her that had a profound effect on me.
We give 10% of our income to charity, no questions asked. It is mandated by Jewish law and tradition (called, Ma’aser). We decide where to give this charity. Over the years I gravitated to giving directly to those experiencing hard times. I was once a recipient of others’ kindness and now I get to give.
My wife grew up giving charity. Her family gives endlessly and anonymously. Early on she developed an abundance mindset on money. Despite an economically modest upbringing, she felt wealthy and comfortable even when we had very little.
I hated giving 10% of my income. I was terrified of losing everything, barely felt that I was getting by, and now I had to take a huge chunk and give it away? Even when I gave my charity I tried to direct it to places that would benefit my career.
My wife taught me to give unconditionally, and let go. When I give it enforces the concept that money is not mine. Money comes and goes, it ebbs and flows based on variables so far beyond our control, it is hard to fathom.
Keeping a closed fist does not allow for blessings to flow in. Focusing on retaining takes energy I need to focus on building.
I have found tremendous wisdom in giving my 10%. If you, like me, are struggling with financial insecurity, try setting a percentage that is right for you. Give unconditionally and let the relief and blessings flow in.
Let me know how it feels.
- Eli