A Life Without Debt: Charitable Giving and The Debt Free Life

The other day a friend asked me if I gave to any charities, or did I just save all my money in order to keep myself debt free. The questioner seemed to think that a debt free life automatically equates to a miserly life. There seemed to be a belief that one cannot be both debt free and a giver.

I will admit that when I was much younger and had very little money that remaining debt free took every cent that I had. I didn’t have any money left over to give to my church, or any other charity that I cared about. Just paying the bills was all I could do; charitable giving would have had to go on credit cards and I wasn’t willing to do that. But just because I didn’t have any mo


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8 Responses to A Life Without Debt: Charitable Giving and The Debt Free Life

  1. That is such a nice thing. And it’s being a good person. Real giving is more than a tax deduction, it’s buying yourself something that lasts you and helps so many.

    Thank you for that.

    Sadie, I am going to make a link from my blog “Decisions About Money and Controversial Commentary” to yours “Saving Advice.com”

    My readers should be reading your material every day. Your content is always very good!

    Thank You, John DeFlumeri Jr

  2. Ashley says:

    There is actually scholarly research that supports this concept. I recently read a great article published in BYU’s Magazine about the subject:


  3. Monkey Mama says:

    Though I think it will be nice with age to be able to give more (financially), I have to agree. I find I much prefer to donate my time to charity. There are so many ways to help others, without spending a dime.

    Giving small amounts does not give me near the satisfaction.

  4. Stacy Adcock says:

    Now this is fantastic Sadie. I’ll share my debt story with anyone who will listen and I always include the most important part of it all: Once we decided to pay off our debt, we put every penny towards our credit cards. Pretty soon, we found it wasn’t working. I don’t know why but I decided to begin tithing to my church again, even with debt looming over our heads. The very week I did this, I had three monthly bill lower including my mortgage (because of a tax change). Suddenly, there was more money. It’s amazing how God takes care of our needs when we give our time and finances to help others. And it’s important to remember to give what you have, not what you have left over. Giving to others makes the world go round. Thanks for this article.

  5. Gail says:

    Stacy, I agree with you. God wants us to trust Him enough to give even when we think we can’t, not the leftovers. He doesn’t need or want our money but the heart behind the money. Even as we strive to pay off debt we give to our church and I also volunteer to help with things at our church that I am able and I make charity quilts so that I can have that hands on giving experience as well.

  6. minny says:

    Charities often find getting people to do groundwork is harder than getting people to donate money!

  7. Scopy says:

    I find it best to what you can when you can. This can mean giving money or it can mean helping out.

    We all have to weigh up personally what we can and cannot do. Or should I say what we are prepared to to.

    Hopefully if you can, you do.

  8. Robert says:

    If it’s possible, I believe volunteering is more rewarding. The chance for interaction and communication can lead to more…

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