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Becoming Rich: What Teens Get from Giving

August 31st, 2015|0 Comments

Earlier this year, Prof. Michael Collins wrote a post for Parenthetical on how to promote financial responsibility among teens. As Collins mentioned in the post, one aspect of learning how to manage money actually involves giving it away. Acts of charity are important for a numerous reasons, including the benefit of promoting happier and healthier development in young people.


Acts of charitable giving can improve the well-being and self-esteem of youth. Youth who feel they have something to offer tend to have greater school success academic and more positive peer relationships. These benefits, in part, have been attributed to the good feeling and sense of purpose that comes from serving others.

Charitable giving consists of providing something with no expectation on the […]

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