Want to get Richer? Then Give More Away

What? Giving money away makes you richer? That can’t be right, it seems a little counter-intuitive doesn’t it? That’s what Syracuse University economics professor Arthur C. Brooks used to think. Then he did some digging. After years of research he found that those who donate their time and money (and blood, believe it or not) earn more money as a direct result of their charitable giving. He found this to be true across every income level and country.  But don’t take my word for it, read his own compelling (if not life-changing) words by clicking here.

The above link is talk that Brooks gave in 2009 at BYU. This talk resonated deeply with me when I read it. It articulates exactly what I want to do and become – both personally and professionally. He says that “acts of charity-giving money, serving others, even donating blood-create a remarkable return, lifting us spiritually and financially.” If that’s not the creed of “enlightened leadership” and stamping out corruption then I don’t know what is!

Scriptural Support:
This sounds like a direct fulfillment of Malachi 3:10 that says, “Bring ye all the tithes into the storehouse, that there may be meat in mine house, and prove me now herewith, saith the Lord of hosts, if I will not open you the windows of heaven, and pour you out a blessing, that there shall not be room enough to receive it.”

In other words, the more you give the more you get. Thank you Dr. Brooks for helping us to prove the usefulness of biblical principles in business and leadership!

Comments: Has this ever happened to you? Why does giving make you richer?


5 thoughts on “Want to get Richer? Then Give More Away

  1. Austin, I think that this principle may be one of the most difficult to comprehend. However, i know that giving, either in action of physical service, or by donation of monetary means… always yields a higher return than that which is invested. Such a great topic for thought, that will hopefully lead us to action.

  2. Great Post!

    No doubt donating leads to increased personal satisfaction which often results in financial success indirectly. Could we not say that it is actually due to financial success that there is increased disposable income that leads to the generous act of donation?

    • Hey Azka, Thanks for the comment. I like what you say and that’s a good question. In fact, it’s the same question Dr. Brooks had when he started studying this issue: which comes first, the excess income or the donation? He assumed (being an economist) that it was the excess income. But he found in his years of research that it was actually the donation that came first and the increase in income actually followed. I for one think that’s pretty incredible!

  3. Thanks for sharing this talk on here. I have wanted to share it with others and didn’t have anything but the audio file, which I am not sure is on this computer anymore. I think he had some fascinating findings, and I for one can see why it’s true.

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