More Buckets: Donations

Another bucket that I created for myself this year is my "donations" bucket. Everyone feels that they should give more (or at least I do), and when a good cause comes along that I feel I should donate (be it sponsoring one of my students, or at church, or just a worthy cause) I used to have major problems with this because of my lack of spare cash. This year I have begun putting $20 aside each paycheque towards "donations" and then one I need to, this money comes out of that bucket. From a personal point of view, it makes you feel good to donate, and from a financial point of view you get a generous tax deduction because of it so everyone wins!