• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Masters Advisors

  • About Us
  • Our Approach
  • Our Services
  • Corporate
  • Blog
  • Contact
  • Client Log-in
Client Log-in Contact Us

The Master’s Minute

Helpful Tools and Tips

The Master’s Minute – Systematize Your Giving

November 30, 2021 by Garrison R. North

In this blog series on generosity, we have discussed the heart behind stewardship, the ways generosity benefits our health, and were challenged to live with a heart of gratitude. As we wrap this series up, I am encouraging you to think about how you can be generous in a practical way; by using a giving ‘system’.

Once we have established our desire to be generous, we next need to devise a strategy in which we will follow through on our intentions. In the area of giving, using a system or process could feel at odds with our desire to give from the heart. It may feel cold or disconnected from the joy of giving freely, but to do it well, we need a structure in place to keep ourselves accountable to what is most important to us.

Consider this example for our own business at Master’s. Our goal at Master’s is to give outstanding financial advice through meaningful, lasting relationships with you, our clients. We are driven by relationships, but have specific, detailed work to deliver to you. Imagine if we did not have a system to provide you with ongoing advice, it would be a disaster! Despite our core motivation being from the heart (personal relationships), without a system, we will not only fail at delivering good advice, but we will also fail at building the relationships we find so important in this business.

Giving is the same way. It is lead by a heart motivation, but there is specific, measurable work that needs done to do it well. Simply writing down a goal increases your probability of success by 42 percent. Creating a system to hold yourself accountable or even having someone else to hold you accountable increases your chances of success by 85 percent! If you want to be a successful giver, an accountability system is a necessary ingredient.

To get started is rather simple, you just have to answer a few questions:

  1. How much do I feel called to give? (Dollar amount, percentage of income/net worth, etc.)
  2. To whom will I give? (Ministries, community organizations, individuals)
  3. How will I give? (Once a month, automatic transfers, one time gifts)
  4. How will I measure success? (Year end benchmarking, results of ministries/individuals supported, etc.)

How will you create or refine your system for giving? How have you seen success when using a giving system?

To hear more about creating a giving system, click here to listen to our 4th quarter webinar and skip to 42:50.

Filed Under: Master's Minute

Primary Sidebar

Categories

  • Behavioral Finance
  • Blog
  • Client Service
  • Current Newsletters
  • Faith Integration
  • Financial Planning
  • General
  • Investing
  • Market + Industry
  • Master's Minute
  • Master's News
  • Personal Development
  • Strategy
  • What's the Point?

Search Blog

Archives

Footer

Receive Master’s Minute Blog Articles Today

  • This field is for validation purposes and should be left unchanged.

480 New Holland Ave
Suite 7201
Lancaster, PA 17602

  • 
  • 

Contact Us

Albridge log in | Client log in

© 2023 Master’s Advisors • Developed by TinyFrog • Important Disclosures | Privacy Policy

Securities offered through Securities America Inc., member FINRA/SIPC. Master's Advisors is not affiliated with the Securities America companies. Advisory services offered through Securities America Advisors, Inc. This site is published for residents of the United States and is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or product that may be referenced herein. Persons mentioned on this website may only offer services and transact business and/or respond to inquiries in states or jurisdictions in which they have been properly registered or are exempt from registration. Not all products and services referenced on this site are available in every state, jurisdiction or from every person listed. This communication is strictly intended for individuals residing in the states of CO, DE, FL, IL, IN, KY, MD, ME, NC, NE, NJ, OH, OK, PA, SC, TN, TX, VA, VT, WV, WY. No offers may be made or accepted from any resident outside the specific state(s) referenced. PLEASE NOTE: The information being provided is strictly as a courtesy. When you link to any of the websites provided here, you are leaving this website. We make no representation as to the completeness or accuracy of information provided at these websites. The company is not liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third party technologies,  websites, information, and programs made available through this website. When you access one of these websites, you are leaving our website and assume total responsibility and risk for your use of the websites you are linking to. All images and Content Copyright © 2020 Masters Advisors, Inc. Securities America and its representatives do not provide tax or legal advice; therefore it is important to coordinate with your tax or legal advisor regarding your specific situation.

Securities America Form CRS

Check the background of this firm on FINRA's BrokerCheck.