Making Margin Podcast
Episode 34 - The Benefits of Generosity

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them. 

Meet the voices behind Making Margin:

• Nick
• Jeff
• Allie
• Natalie 
• Drew

Today we’re talking about generosity. Part of our mission as a firm is to become more generous and to develop a culture of generosity with our clients. What does that actually mean though, and why would we do that?

• It turns out that being generous is really beneficial not only for the recipient, but also for the giver.
• In a recent study linked below, people were asked about how generous they were, how likely they were to donate, to voluntarily do something for someone else, to give directions to a stranger, and high-generosity respondents were more than twice as likely to be "very satisfied" with their life over the past year.

Discussion Topics:

• When was the first time you remember giving money or time to something that was meaningful to you?
• What are some smart ways for people to think about giving (taxes, assets, etc.)
• How would you recommend someone who hasn’t participated in giving start doing so?

Resources

• https://www.fool.com/the-ascent/research/study-it-pays-be-generous/