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How to Pay It Forward: Saving for the Purpose of Legacy
Rating: 4.3 out of 5(17 ratings)
1,760 students

How to Pay It Forward: Saving for the Purpose of Legacy

Personal Philanthropy and giving based in a faith perspective, generosity, and financial literacy.
Created byMAWMedia Group, LLC
Last updated 3/2019
English

What you'll learn

  • Define philanthropy as your vehicle to financial freedom.
  • Outline how to support a wealth mindset through your generosity.
  • Create principles and procedures for giving, lending, and turning away.
  • Inspire others to pay forward through education and sharing of the process.

Course content

4 sections • 11 lectures • 40m total length

  • Opening Presentation Introducing Personal Philanthropy1:24

    The Bless Me Account is a concept created for families to budget philanthropy into their lifestyles. It is a literal expression of a philanthropic inclination and understanding that suffering anywhere is suffering to be alleviated.

  • Introduction to Philanthropy: Bless Me Account Origins4:11

    Discusses the origins of the Bless Me Account in various faith traditions. The standard of opportunity, equity, and empathy are expressed with a direct connection with intentional giving.

  • Resource Requirements2:33

    The most sustainable mindset begins with a review of your assets and the value you leverage.     

  • Purpose is Purposeful2:44

    You will need to account for the relationship, capacity, and competence of the person to whom you are donating. Determine if the best outcomes extend from a loan or a gift.     

Requirements

  • A beginning level of financial literacy

Description

This training outlines the Bless Me Account. How are you generous and help others when you are not wealthy? Learn what you can do to organize your finances for increased philanthropy.

When it comes to personal philanthropy and giving, it's important to approach it from a faith-based perspective. This training aims to help individuals understand how to cultivate discipline and generosity to enhance their financial health and well-being, through the concept of the "Bless Me Account". Here are four objectives to guide you toward financial prosperity and a more charitable lifestyle:


  1. Develop a mindset of generosity: Even if you don't have a lot of wealth, generosity should always be a priority. We often make the mistake of thinking that we need to wait until we are wealthy to start giving. However, the act of giving should be a regular habit, independent of your financial situation.

  2. Cultivate financial discipline: Discipline is a critical component of personal financial management. Without discipline, it's easy to overspend and lose control of your finances. By being mindful of your spending habits and setting clear financial goals, you can stay on track and reach your financial objectives.

  3. Build up your financial literacy: Having a solid understanding of personal finance is crucial for making informed decisions about your money. By acquiring financial knowledge and skills, you'll be better equipped to manage your wealth and increase your charitable giving.

  4. Organize your finances for increased philanthropy: To begin your journey towards philanthropy, you first need to organize your finances effectively. This includes creating a budget, establishing financial goals, and identifying opportunities for charitable contributions. With a solid financial foundation in place, you'll have the tools and resources necessary to make a meaningful impact in your community.

By focusing on these objectives, you can create a lifestyle of financial prosperity and generosity, rooted in your faith and principles of financial literacy. Start today and unlock the true rewards of giving back to your community.

Who this course is for:

  • If you are interested in creating the ability to be generous even though you are not wealthy, this course will help.
  • While learning about philanthropy, learn discipline, techniques, and considerations that increase your financial health and well-being.

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