• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Home
Money is Choices

Money is Choices Blog

Retire Early with Dividend Investing

  • Why the Money is Choices Blog?
  • ETF Dividend Portfolio
You are here: Home / Being Wealthy / Give Them Nothing Until You’re Free

Give Them Nothing Until You’re Free

July 16, 2023 by moneyischoices Leave a Comment

Giving Money

Most money books, how to get rich teachers and self help gurus almost always tell us that we should give money to receive money. It’s not a new idea as religious texts have been pushing this angle forever but I’m saying that we should save ourselves first.

I’m not saying that giving money to good causes or people in need is a bad thing. I do it myself every month and it gives me a tingling sensation inside that few other things can do!

What I am saying is that you should NOT give a single dollar to any cause until you are a free man or woman.

Give your time, your knowledge, your empathy, your prayers, your positive thoughts, your skills, your labor, or your compassion. Just DON’T give your money if you don’t have enough passive income from investments that cover your living expenses.

Trust me, the world will go on without your tiny donations but you will NEVER be free if you continue to burn money.

From the new age angle, we’re told it’s the law of the universe, we must give to receive. They’ve never understood the much more generous law of compound interest. As your wealth snowball increases you’ll feel rich and he that has, more will be given to him.

If you think this will anger your god, write him a letter explaining that you’re temporarily suspending all money donations until you’re free. And then you can resume giving with strength, freedom, and in much larger amounts than you can now.

Or if you’re going to just blow your money now on useless things then yes, continue giving money to good causes as you’re not going to become free anytime soon anyway. Those who are going to wisely invest the dollars that would usually go towards charity should refrain from giving to charities. Listen to the air hostess next time you board a plane. She’ll tell you the same thing I’m telling you: Put your own air mask on before helping those around you (for obvious reasons).

Also, this is not a license to become a complete tight-ass either. Be generous with your friends and family. Your central theme should be freedom, but don’t become horrible and burn bridges while chasing your goal.

For now though, every single spare dollar that finds itself sitting in your red hot little pocket should go towards your income producing investments. As these dollars compound over the years they will become a money making machine. Only then should you become the greatest philanthropist that ever lived. Only then should you pay off the car loan of your hopeless cousin Roger or lend $500 to aunt Mary, knowing that you’ll never see a cent of it paid back.

Personally I would only consider helping cousin Roger or aunt Mary if it involved investments or money education. I’m only interested in helping people become free or supporting causes that I am passionate about. People that aren’t interested in freedom will continue doing what they have always done, with or without your help.

Filed Under: Being Wealthy, Good Habits, Money Blog Tagged With: Charities, Giving Money, Philanthropy

Disclaimer

The information on this website is for general information only. It should not be taken as constituting professional advice from the website owner – Money is Choices. Money is Choices is not a financial adviser. You should consider seeking independent legal, financial, taxation or other advice to check how the website information relates to your unique circumstances. Money is Choices is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this website.

Reader Interactions

Leave a Reply Cancel reply

You must be logged in to post a comment.

Primary Sidebar

Recent Posts

  • ETF Dividend Portfolio Update for May
  • List of ETFs, REITs, Managed Funds and Stocks in my Portfolio
  • ETF Dividend Portfolio Update in April 2025
  • Dividends from the ETF Portfolio in March
  • SCHD Dividend Stock Reconstitution or Rebalance 2025

Social Media

Money is Choices on X Twitter

Footer

Popular Posts

Levels of Wealth
How to Value Stocks
FIRE Movement (Financial Independence Retire Early)
Habits Will Make You Rich
Index Fund / ETF Portfolio
All Money Articles

Categories

  • Being Wealthy
  • Company News
  • Covered Call ETFs
  • ETF Dividend Portfolio
  • Good Habits
  • Individual Stocks
  • Investing in Stocks
  • Money Blog
  • Money Quotes
  • Net Worth
  • Retire Early
  • Vanguard Portfolio

Money is Choices Info

About Us
Contact Us
Money Disclaimer
Affiliate Disclaimer
Privacy Policy
Homepage
Money is Good!

Copyright © 2025 · Magazine Pro on Genesis Framework · WordPress · Log in