David KilperAs fall quickly approaches, so does the time for which many parents and students have long been waiting — some would say, dreading — the first day of college. Your child’s departure for college is a monumental step and one that you can start preparing for when your child is just taking his or her first steps, says a Washington University in St. Louis expert on the college experience.
Money going to faith-based organizations can bring a financial benefit to donors.In the aftermath of the Asian tsunami, Americans generously donated money to relief groups around the world. But it appears Americans don’t need a major disaster to give money. Annually, Americans donate $183 billion, with nearly half of that amount going to faith-based organizations. Money going to faith-based organizations, such as churches, mosques, the Salvation Army and Catholic Charities, not only can help provide needed social services to communities, but it can also bring a financial benefit to donors, says a noted community development expert at Washington University in St. Louis. “People who donate money on a regular basis take a closer look at where their money is going,” says Stephanie Boddie, Ph.D., assistant professor of social work in the George Warren Brown School of Social Work at Washington University. “They are able to figure out and set aside the money they can donate on a weekly or monthly basis. This can lead to more financial responsibility in the areas of debt repayment and asset building.”