My wife and I recently had our first child. She is a beautiful little girl named, Olive. I could go on for pages about how much I care for little Olive, but what is important for you to know is how much others have cared for us. Generosity can cure many ills. And when you are tired and overwhelmed, people’s generosity keeps you sane. Friends have made us meals, lent us clothes, and even ran our errands. This has made us feel very loved, and actually distorted our reality. Our reality is that we have no idea what we are doing, and if others hadn’t of helped out, then we would really be struggling mentally (and physically).

This got me thinking about our two things. First, single mothers are incredible. We can barely handle things in this first week between the two of us. Secondly, can acts of generosity help pull us out of a financial tailspin. I think so. We have discussed it before on this forum. Financial momentum is an important factor in your financial success. At one time or another we all need to catch a “break”. Does this mean forgive the rent payment that your tenant owes you? No. But it means being understanding and compassionate. Financial generosity can be as simple as taking your “old” stuff that you don’t use to Goodwill or a family in need.

Has your life been positively affected by generosity? Let us know. We want your feedback. Leave a comment on this blog.

Pete the Planner®

Peter Dunn a.k.a. Pete the Planner® is an award-winning financial mind and a former comedian. He’s a USA TODAY columnist, author of ten books, and is the host of the popular radio show and podcast, The Pete the Planner Show. Pete is considered one of the foremost experts on financial wellness in the world, but he’s just as likely to talk your ear off about bass fishing.