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The Secret To Giving Wisely

The Secret To Giving Wisely

It feels great to see hope light up in the eyes of a beggar in the street as you stop to look at them when others pass them by without a glance. Their faces widen in a smile as you reach into your pocket and take out your wallet. “Thank you so much” is such a heartwarming phrase to hear from them as you pull out five bucks and put the money in the hat in front of them. You walk away with your heart beaming as you imagine them getting a nice warm meal at McDonalds due to your generosity.

Yet you can multiply that positive experience manifold! Imagine that when you give five dollars, you don’t give just to one person, but to seven people. When you reach into your pocket, you see seven smiles. When you put the money in the hat, you hear seven people say “Thank you so much.”

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You can get that benefit through giving directly to people in the developing world. We don’t see those seven people in front of us and thus we don’t pay attention to the impact we can have on them, a thinking error called attentional bias. Yet if we know about this thinking error, we can solve what is known as the “drowning child problem” in charitable giving, namely not intuitively valuing the children who are drowning out of our sight. If we keep in our minds that there are poor people in the developing world, just like the poor person we see on the street in front of us, we can remember that our generosity can make a very high impact, much more impact per dollar than in the US, in developing countries through our direct giving.

GiveDirectly is a nonprofit that enables you to give directly to poor people in East Africa. It provides direct cash transfers to poor people who live on an average of $.65 per day. You certainly can’t buy a McDonald’s meal for that, but $.65 goes far in East Africa.

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GiveDirectly locates poor people who can benefit most from cash transfers, enrolls them in its program, and then provides each household with about a thousand dollars to spend as it wishes. The large size of this cash transfer results in a much bigger impact than a small donation. Moreover, since the cash transfer is unconditional, the poor person can have true dignity and spend it on whatever most benefits them.

Helida, for example, used the cash transfer she got to build a new house. You wouldn’t intuitively think that was most useful thing for her to do, would you? But this is what she needed most. She was happy that as a result of the cash transfer “I have a metal roof over my head and I can safely store my farm produce without worries.” She is now much more empowered to take care of herself and her large family.

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HelidaFamilyPhoto

    What a wonderful outcome of GiveDirectly’s work! Can you imagine building a new house in the United States on a thousand dollars? Well, this is why your direct donations go a lot further in East Africa.

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    With GiveDirectly, you can be much more confident about the outcome of your generosity. I know that when I give to a homeless person, a part of me always wonders whether he will spend the money on a bottle of cheap vodka. This is why I really appreciate that GiveDirectly keeps in touch and follows up with the people enrolled in its programs. They are scrupulous about sharing the consequences of their giving, so you know what you are getting by your generous gifts.

    GiveDirectly is back by rigorous evidence. They conduct multiple randomized control studies of their impact, a gold standard of evidence. The research shows that cash transfer recipients have much better health and lives as a result of the transfer, much more than most types of anti-poverty interventions. Its evidence-based approach is why GiveDirectly is highly endorsed by well-respected charity evaluators such as GiveWell and The Life You Can Save, which are part of the Effective Altruist movement that strives to figure out the best research-informed means to do the most good per dollar.

    So next time you pass someone begging on the street, think about GiveDirectly, since you can get seven times as much impact, for your emotional self and for the world as a whole. What I do myself is each time I choose to give to a homeless person, I set aside the same amount of money to donate through GiveDirectly. That way, I get to see the smile and hear the “thank you” in person, and also know that I can make a much more impactful gift as well. Whatever you choose, aim to supercharge your generosity to achieve your giving goals!

    Featured photo credit: Confidence via flickr.com

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    Dr. Gleb Tsipursky

    President and Co-Founder at Intentional Insights; Disaster Avoidance Consultant

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    Last Updated on March 13, 2019

    How to Get out of a Rut: 12 Useful Ways to Get Unstuck

    How to Get out of a Rut: 12 Useful Ways to Get Unstuck

    Have you gotten into a rut before? Or are you in a rut right now?

    You know you’re in a rut when you run out of ideas and inspiration. I personally see a rut as a productivity vacuum. It might very well be a reason why you aren’t getting results. Even as you spend more time on your work, you can’t seem to get anything constructive done. While I’m normally productive, I get into occasional ruts (especially when I’ve been working back-to-back without rest). During those times, I can spend an entire day in front of the computer and get nothing done. It can be quite frustrating.

    Over time, I have tried and found several methods that are helpful to pull me out of a rut. If you experience ruts too, whether as a working professional, a writer, a blogger, a student or other work, you will find these useful. Here are 12 of my personal tips to get out of ruts:

    1. Work on the small tasks.

    When you are in a rut, tackle it by starting small. Clear away your smaller tasks which have been piling up. Reply to your emails, organize your documents, declutter your work space, and reply to private messages.

    Whenever I finish doing that, I generate a positive momentum which I bring forward to my work.

    2. Take a break from your work desk.

    Get yourself away from your desk and go take a walk. Go to the washroom, walk around the office, go out and get a snack.

    Your mind is too bogged down and needs some airing. Sometimes I get new ideas right after I walk away from my computer.

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    3. Upgrade yourself

    Take the down time to upgrade yourself. Go to a seminar. Read up on new materials (#7). Pick up a new language. Or any of the 42 ways here to improve yourself.

    The modern computer uses different typefaces because Steve Jobs dropped in on a calligraphy class back in college. How’s that for inspiration?

    4. Talk to a friend.

    Talk to someone and get your mind off work for a while.

    Talk about anything, from casual chatting to a deep conversation about something you really care about. You will be surprised at how the short encounter can be rejuvenating in its own way.

    5. Forget about trying to be perfect.

    If you are in a rut, the last thing you want to do is step on your own toes with perfectionist tendencies.

    Just start small. Do what you can, at your own pace. Let yourself make mistakes.

    Soon, a little trickle of inspiration will come. And then it’ll build up with more trickles. Before you know it, you have a whole stream of ideas.

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    6. Paint a vision to work towards.

    If you are continuously getting in a rut with your work, maybe there’s no vision inspiring you to move forward.

    Think about why you are doing this, and what you are doing it for. What is the end vision in mind?

    Make it as vivid as possible. Make sure it’s a vision that inspires you and use that to trigger you to action.

    7. Read a book (or blog).

    The things we read are like food to our brain. If you are out of ideas, it’s time to feed your brain with great materials.

    Here’s a list of 40 books you can start off with. Stock your browser with only the feeds of high quality blogs, such as Lifehack.org, DumbLittleMan, Seth Godin’s Blog, Tim Ferris’ Blog, Zen Habits or The Personal Excellence Blog.

    Check out the best selling books; those are generally packed with great wisdom.

    8. Have a quick nap.

    If you are at home, take a quick nap for about 20-30 minutes. This clears up your mind and gives you a quick boost. Nothing quite like starting off on a fresh start after catching up on sleep.

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    9. Remember why you are doing this.

    Sometimes we lose sight of why we do what we do, and after a while we become jaded. A quick refresher on why you even started on this project will help.

    What were you thinking when you thought of doing this? Retrace your thoughts back to that moment. Recall why you are doing this. Then reconnect with your muse.

    10. Find some competition.

    Nothing quite like healthy competition to spur us forward. If you are out of ideas, then check up on what people are doing in your space.

    Colleagues at work, competitors in the industry, competitors’ products and websites, networking conventions.. you get the drill.

    11. Go exercise.

    Since you are not making headway at work, might as well spend the time shaping yourself up.

    Sometimes we work so much that we neglect our health and fitness. Go jog, swim, cycle, whichever exercise you prefer.

    As you improve your physical health, your mental health will improve, too. The different facets of ourselves are all interlinked.

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    Here’re 15 Tips to Restart the Exercise Habit (and How to Keep It).

    12. Take a good break.

    Ruts are usually signs that you have been working too long and too hard. It’s time to get a break.

    Beyond the quick tips above, arrange for a 1-day or 2-days of break from your work. Don’t check your (work) emails or do anything work-related. Relax and do your favorite activities. You will return to your work recharged and ready to start.

    Contrary to popular belief, the world will not end from taking a break from your work. In fact, you will be much more ready to make an impact after proper rest. My best ideas and inspiration always hit me whenever I’m away from my work.

    Take a look at this to learn the importance of rest: The Importance of Scheduling Downtime

    More Resources About Getting out of a Rut

    Featured photo credit: Joshua Earle via unsplash.com

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