7 Ways Give To Others On A Budget (Or When You’re Broke) | Barefoot Budgeting (2024)

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7 Ways Give To Others On A Budget (Or When You’re Broke) | Barefoot Budgeting (1)

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Are you wondering about ways to contribute to those around you but don’t have the money? The gift of giving is something magical that can be done all year-round.

While many people focus on activities of giving only during the holiday season, the options are endless on ways that one can give to others every month of the entire year.

The beauty of giving to others is that it comes from the heart. The thought and actions that are paid forward from your giving are the rewards reaped from your kindness of giving to others. In many cases, the costs incurred for giving to others is low and doesn’t have to break the bank or cause financial stress on you.

Time is truly all you need to spread kindness throughout the world.

7 Ways Give To Others On A Budget (Or When You’re Broke) | Barefoot Budgeting (2)

It is absolutely 100% possible to contribute and volunteer in abudget friendly way. I’ve compiled a list of 7 ways to contribute year round, without breaking the bank.

1. Volunteer at the local food pantry

Food pantries are always in need of help one way or the other. Volunteering to serve food is one way to spend your time, or offering to help package up food items for others is another great way.

Most pantry’s have a plethora of volunteeringavenuesthat they need help with year round so by offering your time to help, they will certainly appreciate you and yourgenerosity!

2. Craft up items in need

Cold weather is upon us and there are those who need warm blankets, hats and mittens. Do you love tosew? Hit up the stores and look at their clearance yarn and fabrics that they have. Many stores discount such items down to rock bottom prices if the color and patterns aren’t popular.

Grab up those sale items and create some warmth for those in need. Once completed, take them to shelters or leave them around town in areas where you know people need help.

3. Clean out your closet

How many jackets do you really need? Arethere warm clothingitems that you never wear or jackets that you have outgrown? Go through everyone’s closet in your home and grab whatever items you aren’t using or haven’t used in a while.

Extra blankets in storage? Grab a few of those too. Load ’em up to drop off. During the colder months, jackets are in HUGE demand and any type of warmth is greatly needed!

4. Donate old books to your school or local library

Have a ton of kids books lying around? Check with the local elementary schools or daycare centers and see if they could use them. Many schools and centers are on tight budget and don’t have the money each year to purchase new items and books for their students.

By donating books, it helps to contribute to their reading growth and knowledge. Same for your books, too!

Take ’em to the library and donate them! The library will either use them for others to check out and read or turn around and sell them in a library book sale. Either way, it is good for them as well to help grow their money supply and book supply!

5. Make brown bag lunches and hand out all over town

While there is some cost associated with this, it is minimal. Make up lunch bags for others with non-perishable snacks and deliver then throughout town. Include water if possible and get the family involved in working together to give the gift of food to those who are hungry.

6. Have a favorite charity in town?

See what upcoming events that they are hosting and offer to work for free.While they may not need help working at the event, volunteer to offer in helping set up or break down and clean up after the event is done.

Helping hands gets things done so much more quickly!

7. Sign up to be a foster parent to some cute cuddly animals at your local animal shelter

There are two amazing aspects to being a foster animal parent. First, you get to snuggle with animals…and second? They supply and cover the costs of items needed for the pet you are fostering.

Final Thoughts

Giving to others doesn’t have to be a financial burden to you. While there are a ton of organizations out there that would love monetary donations, there are just as many that would love the donation of your time and items as well to pass on to others.

With the new year upon us, now is a great time to start contributing more within your community. Contributing shouldn’t puta financial burden on you if you take the time to find other ways to help. Just remember, any and all help is appreciated and is a HUGE help to those in need as well.

Teaching our children to help in the community can also be a rewarding experience. Involving all is one of the best ways we can keep paying it forward for many lifetimes.

7 Ways Give To Others On A Budget (Or When You’re Broke) | Barefoot Budgeting (3)

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Matt R

Hi, my name is Matt and I'm the founder of Barefoot Budgeting. This site is dedicated to one thing... helping you budget and save money.

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7 Ways Give To Others On A Budget (Or When You’re Broke) | Barefoot Budgeting (2024)

FAQs

What are the 7 steps in good budgeting? ›

Follow these seven steps to start a personal budget that can help you reach your financial goals:
  • Calculate your income. ...
  • Make lists of your expenses. ...
  • Set realistic goals. ...
  • Choose a budgeting strategy. ...
  • Adjust your habits. ...
  • Automate your savings and bills. ...
  • Track your progress.
Oct 11, 2022

What are the 7 types of budgeting? ›

The 7 different types of budgeting used by companies are strategic plan budget, cash budget, master budget, labor budget, capital budget, financial budget, operating budget. You can read about the Union Budget 2021-22 Summary in the given link.

What are 5 budgeting tips? ›

  • Create your budget before the month begins. To stay on top of your budget, plan ahead. ...
  • Practice budgeting to zero. ...
  • Use the right tools. ...
  • Establish needs versus wants. ...
  • Keep bills and receipts organized. ...
  • Prioritize debt repayment. ...
  • Don't forget to factor in fun. ...
  • Save first, then spend.
Feb 22, 2024

What are the four 4 main types of budgeting methods? ›

There are four common types of budgets that companies use: (1) incremental, (2) activity-based, (3) value proposition, and (4) zero-based. These four budgeting methods each have their own advantages and disadvantages, which will be discussed in more detail in this guide.

What are six ways to manage your budget? ›

Six steps to budgeting
  • Assess your financial resources. The first step is to calculate how much money you have coming in each month. ...
  • Determine your expenses. Next you need to determine how you spend your money by reviewing your financial records. ...
  • Set goals. ...
  • Create a plan. ...
  • Pay yourself first. ...
  • Track your progress.

What are the 4 characteristics of a successful budget? ›

To be successful, a budget must be Well-Planned, Flexible, Realistic, and Clearly Communicated.

What are the 3 main activities of budgeting? ›

Answer and Explanation: Planning, controlling, and evaluating performance are the three primary goals of budgeting. Planning: Budgeting is a planning tool that enables businesses to establish quantifiable financial targets for the future.

What are the 3 steps of budgeting? ›

25 May 3 steps to creating a budget that works
  • Track your income. The first step is to identify your monthly income. ...
  • Track your expenses. ...
  • Balance your budget.
May 25, 2023

What do I do if I am broke? ›

Here are a few ideas.
  1. Sell your stuff. Chances are, you don't need or even want everything you own. ...
  2. Get a side hustle. Babysit or pet sit. ...
  3. Rent out your room. ...
  4. Maximize credit card benefits. ...
  5. Take surveys online. ...
  6. Drive. ...
  7. Return what you don't need. ...
  8. Do random tasks.

When you are financially broke? ›

Make a new budget.

This might be the last thing you're in the mood to do, but your financial circ*mstances have changed, or your current budget isn't working. Both reasons suggest that a new budget is required. Take a look at your income and bills and make some intelligent choices.

What is the easiest budget? ›

  • The 50/20/30 Budget. In the 50/20/30 budget, 50% of your net income should go to your needs, 20% should go to savings, and 30% should go to your wants. ...
  • Pay Yourself First. In the “Pay Yourself First” method, the first “bill” you pay every month is to your savings account. ...
  • Zero-Based Budget. ...
  • Envelope Budget.

What is the #1 rule of budgeting? ›

The 50/30/20 budget rule states that you should spend up to 50% of your after-tax income on needs and obligations that you must have or must do. The remaining half should be split between savings and debt repayment (20%) and everything else that you might want (30%).

What is the 70 rule in budgeting? ›

The 70-20-10 budget formula divides your after-tax income into three buckets: 70% for living expenses, 20% for savings and debt, and 10% for additional savings and donations. By allocating your available income into these three distinct categories, you can better manage your money on a daily basis.

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings.

What are the 3 P's of budgeting? ›

Introducing the three P's of budgeting

Think of it more as a way to create a plan to spend your money on things that matter to you. Get started in three easy steps — paycheck, prioritize and plan.

What is the 50 20 30 rule for budgeting? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

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