Donate It Forward Project

If you received a payment from the Government’s Economic Stimulus Package that you consider partly or fully to be surplus to your immediate needs then consider using it to support someone really needy. Check out Donate It Forward, which is being held in conjunction with Pay It Forward Day.

The aim is to donate $50 of your handout to a charity of your choice. (Of course you can donate more if you want and are able to.)

Not only will it give you a warm feeling you will probably also be eligible for a tax deduction on your donation. That’s an extra bonus since your Government handout was not taxable!

(Of course, many people who received the handout are in genuine immediate need. But if you feel the handout was partly surplus please consider helping others out.)

Author: Matt Hern

Certified Financial Planner professional, Matt Hern has three times been awarded as one of Australia's Top 50 Financial Planners by The Australian Financial Review Smart Investor. He is passionate about guiding you on the right financial choices to achieve what you really want. Matt Hern is an Authorised Representative of Charter Financial Planning Limited AFSL 234665. All information is general advice only.