Advertising
Advertising

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.”

Advertising

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.

Advertising

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.

Advertising

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.

    Advertising

    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

    More by this author

    Dr. Gleb Tsipursky

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

    How To Protect Women’s Freedom How To Pick The Most Cost-Effective Charities For Your Donations On Giving Tuesday Hilarious Video On Dealing With Irrationality In Politics To Pin or Not to Pin? 4 Questions to Ask Before Wearing a Safety Pin How To Be A Truly Good Person

    Trending in Featured

    1 How to Stop Procrastinating: 11 Practical Ways for Procrastinators 2 How to Master the Art of Prioritization 3 How to Find Your Passion and Live a Fulfilling Life 4 What to Do in Free Time? 20 Productive Ways to Use the Time 5 Becoming Self-Taught (The How-To Guide)

    Read Next

    Advertising
    Advertising
    Advertising

    Last Updated on September 16, 2019

    How to Stop Procrastinating: 11 Practical Ways for Procrastinators

    How to Stop Procrastinating: 11 Practical Ways for Procrastinators

    You have a deadline looming. However, instead of doing your work, you are fiddling with miscellaneous things like checking email, social media, watching videos, surfing blogs and forums. You know you should be working, but you just don’t feel like doing anything.

    We are all familiar with the procrastination phenomenon. When we procrastinate, we squander away our free time and put off important tasks we should be doing them till it’s too late. And when it is indeed too late, we panic and wish we got started earlier.

    The chronic procrastinators I know have spent years of their life looped in this cycle. Delaying, putting off things, slacking, hiding from work, facing work only when it’s unavoidable, then repeating this loop all over again. It’s a bad habit that eats us away and prevents us from achieving greater results in life.

    Don’t let procrastination take over your life. Here, I will share my personal steps on how to stop procrastinating. These 11 steps will definitely apply to you too:

    1. Break Your Work into Little Steps

    Part of the reason why we procrastinate is because subconsciously, we find the work too overwhelming for us. Break it down into little parts, then focus on one part at the time. If you still procrastinate on the task after breaking it down, then break it down even further. Soon, your task will be so simple that you will be thinking “gee, this is so simple that I might as well just do it now!”.

    For example, I’m currently writing a new book (on How to achieve anything in life). Book writing at its full scale is an enormous project and can be overwhelming. However, when I break it down into phases such as –

    Advertising

    • (1) Research
    • (2) Deciding the topic
    • (3) Creating the outline
    • (4) Drafting the content
    • (5) Writing Chapters #1 to #10,
    • (6) Revision
    • (7) etc.

    Suddenly it seems very manageable. What I do then is to focus on the immediate phase and get it done to my best ability, without thinking about the other phases. When it’s done, I move on to the next.

    2. Change Your Environment

    Different environments have different impact on our productivity. Look at your work desk and your room. Do they make you want to work or do they make you want to snuggle and sleep? If it’s the latter, you should look into changing your workspace.

    One thing to note is that an environment that makes us feel inspired before may lose its effect after a period of time. If that’s the case, then it’s time to change things around. Refer to Steps #2 and #3 of 13 Strategies To Jumpstart Your Productivity, which talks about revamping your environment and workspace.

    3. Create a Detailed Timeline with Specific Deadlines

    Having just 1 deadline for your work is like an invitation to procrastinate. That’s because we get the impression that we have time and keep pushing everything back, until it’s too late.

    Break down your project (see tip #1), then create an overall timeline with specific deadlines for each small task. This way, you know you have to finish each task by a certain date. Your timelines must be robust, too – i.e. if you don’t finish this by today, it’s going to jeopardize everything else you have planned after that. This way it creates the urgency to act.

    My goals are broken down into monthly, weekly, right down to the daily task lists, and the list is a call to action that I must accomplish this by the specified date, else my goals will be put off.

    Advertising

    Here’re more tips on setting deadlines: 22 Tips for Effective Deadlines

    4. Eliminate Your Procrastination Pit-Stops

    If you are procrastinating a little too much, maybe that’s because you make it easy to procrastinate.

    Identify your browser bookmarks that take up a lot of your time and shift them into a separate folder that is less accessible. Disable the automatic notification option in your email client. Get rid of the distractions around you.

    I know some people will out of the way and delete or deactivate their facebook accounts. I think it’s a little drastic and extreme as addressing procrastination is more about being conscious of our actions than counteracting via self-binding methods, but if you feel that’s what’s needed, go for it.

    5. Hang out with People Who Inspire You to Take Action

    I’m pretty sure if you spend just 10 minutes talking to Steve Jobs or Bill Gates, you’ll be more inspired to act than if you spent the 10 minutes doing nothing. The people we are with influence our behaviors. Of course spending time with Steve Jobs or Bill Gates every day is probably not a feasible method, but the principle applies — The Hidden Power of Every Single Person Around You

    Identify the people, friends or colleagues who trigger you – most likely the go-getters and hard workers – and hang out with them more often. Soon you will inculcate their drive and spirit too.

    Advertising

    As a personal development blogger, I “hang out” with inspiring personal development experts by reading their blogs and corresponding with them regularly via email and social media. It’s communication via new media and it works all the same.

    6. Get a Buddy

    Having a companion makes the whole process much more fun. Ideally, your buddy should be someone who has his/her own set of goals. Both of you will hold each other accountable to your goals and plans. While it’s not necessary for both of you to have the same goals, it’ll be even better if that’s the case, so you can learn from each other.

    I have a good friend whom I talk to regularly, and we always ask each other about our goals and progress in achieving those goals. Needless to say, it spurs us to keep taking action.

    7. Tell Others About Your Goals

    This serves the same function as #6, on a larger scale. Tell all your friends, colleagues, acquaintances and family about your projects. Now whenever you see them, they are bound to ask you about your status on those projects.

    For example, sometimes I announce my projects on The Personal Excellence Blog, Twitter and Facebook, and my readers will ask me about them on an ongoing basis. It’s a great way to keep myself accountable to my plans.

    8. Seek out Someone Who Has Already Achieved the Outcome

    What is it you want to accomplish here, and who are the people who have accomplished this already? Go seek them out and connect with them. Seeing living proof that your goals are very well achievable if you take action is one of the best triggers for action.

    Advertising

    9. Re-Clarify Your Goals

    If you have been procrastinating for an extended period of time, it might reflect a misalignment between what you want and what you are currently doing. Often times, we outgrow our goals as we discover more about ourselves, but we don’t change our goals to reflect that.

    Get away from your work (a short vacation will be good, else just a weekend break or staycation will do too) and take some time to regroup yourself. What exactly do you want to achieve? What should you do to get there? What are the steps to take? Does your current work align with that? If not, what can you do about it?

    10. Stop Over-Complicating Things

    Are you waiting for a perfect time to do this? That maybe now is not the best time because of X, Y, Z reasons? Ditch that thought because there’s never a perfect time. If you keep waiting for one, you are never going to accomplish anything.

    Perfectionism is one of the biggest reasons for procrastination. Read more about why perfectionist tendencies can be a bane than a boon: Why Being A Perfectionist May Not Be So Perfect.

    11. Get a Grip and Just Do It

    At the end, it boils down to taking action. You can do all the strategizing, planning and hypothesizing, but if you don’t take action, nothing’s going to happen. Occasionally, I get readers and clients who keep complaining about their situations but they still refuse to take action at the end of the day.

    Reality check:

    I have never heard anyone procrastinate their way to success before and I doubt it’s going to change in the near future.  Whatever it is you are procrastinating on, if you want to get it done, you need to get a grip on yourself and do it.

    More About Procrastination

    Featured photo credit: Malvestida Magazine via unsplash.com

    Read Next