Home Financial Advisor Gratitude and Goodness: A Virtuous Cycle

Gratitude and Goodness: A Virtuous Cycle

Gratitude and Goodness: A Virtuous Cycle


Thanksgiving has at all times been my favourite vacation, and it kicks off what, for me, is a really particular time of yr. The vacations are prone to feel and look loads totally different this yr, which implies it’s extra vital than ever to embrace the spirit of the season. The occasions of 2020 have shaken us all—they usually’re a reminder of simply how lucky many people are.

The chance to offer thanks is a giant a part of why I really like this time of yr. For me, although, these annual celebrations are additionally a reminder to offer extra than simply thanks.

Linking Gratitude to Giving

Years in the past, I had the distinct pleasure of assembly Mom Teresa. I had traveled to Calcutta with a bunch of executives, and we had the chance to go to her Residence for the Pure Coronary heart, previously generally known as Mom Teresa’s Kalighat Residence for the Dying and Destitute. The expertise (which I recalled in this weblog submit) had an incredible affect on me.

All over the place I appeared, there was struggling, but it was countered by the palpable compassion of the sisters who cared for the sufferers. It was extraordinarily poignant. Later, after we spoke with Mom Teresa, she shocked me by expressing her appreciation for what we did—how companies can present individuals with jobs and enhance their lives.

Then, she added a delicate admonition I’ve by no means forgotten: “When you have cash . . . use it,” she stated. “Don’t simply depart it within the financial institution. Put it to work.”

I used to be struck by two emotions throughout that have: wanting to offer thanks for simply how fortunate I’ve been, and an awesome need to offer again. One feeling naturally led to the opposite.

Gratitude is inextricably linked to giving.

Exchanging Cash for What Actually Issues

At Commonwealth, cash is on the root of what we do—we’re a for-profit enterprise, in spite of everything, and we actually take care of cash every single day. And whereas it may’t essentially purchase happiness, cash does purchase alternatives: to chase our desires, to assist our households, and to enhance the lives of others. One of many classes I’ve taken from my 40-plus years at Commonwealth is that cash is a medium of change. We change it for what actually issues.

These days, what issues to me has more and more included philanthropy, a logical extension of Commonwealth’s dedication to creating a profound distinction on the planet. An enormous a part of that has been launching The Elevate Prize. A few of you could have heard my speak about “Making a Profound Distinction” at our current Nationwide Convention, the place I highlighted the progress we’ve made with The Elevate Prize. However for many who don’t know, it’s an annual seek for changemakers, whereby its winners aren’t simply awarded cash but in addition complete help (together with 1:1 mentorship, academic coaching, and entry to skilled networks) to assist scale their worthy causes. I’m excited to announce that we now have our first cohort of winners! They’re all superb. I’m humbled and impressed by the work they’ve executed already, and I’m excited to see what’s attainable with our assist.

As a result of a part of the mission of The Elevate Prize is to catalyze constructive change and awaken the hero in all of us, we consider an vital a part of realizing that is to additionally present our winners with a platform: to share their tales and increase their viewers and to assist create a worldwide fanbase for them.

When extra individuals hear in regards to the unimaginable work these social heroes are doing, they’ll really feel impressed to take motion themselves—simply as I felt when seeing the work being executed by the sisters on the Residence for the Pure Coronary heart.

Motivating All of Us to Battle for a Higher Future

It’s been a difficult yr for the entire world. Nevertheless it’s additionally shone a light-weight on these people and organizations who’re utilizing what’s taking place round us as motivation to battle for a greater future. I’m so honored to be part of serving to these heroes make the world a greater place.

Which brings me again to giving thanks: I’m enormously grateful to the Commonwealth group, our advisors, and everybody who helps make our success attainable. With out you, The Elevate Prize merely couldn’t have develop into a actuality. So, thanks, all!

I hope you and your family members have a beautiful vacation season.



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