The 4th day of Christmas

SQUIRREL AWAY

Many years ago, mother of three Sarah Davies was pondering how she and her family could give back in a way that would have a lasting impact. They decided to open a charity donation account. Every year, around Christmas, each family member adds up the amount of money they would spend on gifts and puts half of it into the account. The money is invested and now, 10 years on, the family has a sub-fund which they can use to make grants to causes and charities they are passionate about. Once a year, they sit down together and discuss what they want do to with the money. “It’s a bit like a philanthropic savings account,” says Sarah, who is now the CEO of Philanthropy Australia. “You actually not only change your life but change other people’s lives significantly.” Find a cause or a charity that is dear to you then set up an account and make regular deposits that can be donated. Even a small amount each week can really make a difference. For a list of registered charities in New Zealand visit charities.govt.nz