The Gift Paradox

Balancing Selflessness and Selfishness

Hello Aspiring Chillers,

The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little.

Franklin D. Roosevelt

For those of you that missed the last few weeks, this is part three of a three part series about how to help control your expenses especially during the holiday season.

  1. Most of us do not need more things. (Two Weeks Ago)

  2. Experiences are better than things. (Last Week)

  3. People do not want the crap you buy them. (Today)

Selfless or Selfish?

It turns out that giving a gift is not as selfless as it seems. Research indicates that, regardless of how much the receiver appreciates the gift, the giver experiences a greater emotional boost.

Let's delve deeper into the notion of "it's better to give than receive." While we've established its truth based on the emotional benefits to the giver, there are other aspects to consider that compound on these emotions.

  1. Occupying Space in Their Life: Even the smallest material gift occupies physical space. This seemingly selfless act can be perceived as somewhat selfish. Consider whether the gift actually adds value to the receiver’s life, or just takes up space.

  2. Power Dynamics in Relationships: Consider the balance of power in your relationships. Gift-giving, while well-intentioned, may inadvertently shift the dynamics. Age and socioeconomic status are two important power dynamics to be aware of. Whether the other party can afford to meet the gift giving precedent you set, or whether it actually just adds social pressure for them to reciprocate. Is it always you winning the exchange? Perhaps the truly selfless act would be to let them win for a change.

  3. What are you trying to say with your gift?: I love you and appreciate you in my life? If so, just tell them that! Most people appreciate hearing that more than receiving a gift they didn’t ask for.

Full Circle

Bringing this back to the first two posts on the topic, planning an activity together allows both parties to be givers and receivers, sharing the emotional boost.

Even if people appreciate the gifts, it's crucial to recognize that they may not need more material possessions. Most things are readily available in today's world. If giving is essential, let's redirect our generosity towards those who genuinely need it, rather than those who simply want it.

Initiate conversations with your close ones within your gift-giving circles. Propose doing something different this year, such as contributing time or gifts to those in need.

If gift-giving is inevitable, gather and follow the rules outlined in the first article to ensure the gift is truly needed or deserved. As a last resort, consider gifting an Audible membership it takes up no physical space and offers the opportunity for learning or entertainment.

Closing In

While there are numerous causes to support, the primary focus here is on adding value to life. Extensive research has identified charities that excel in problem-solving and providing significant value to their beneficiaries. In the end, it's about creating value, not just dollars donated or low administrative costs.

For guidance on choosing the right charities based on your values, check these sites:

If you're seeking purpose or want to help others find theirs, consider exploring opportunities with 80,000 Hours. It's an excellent starting point for your adventure towards making a meaningful impact.

Weekly Poll

Interesting Stuff

Tools for Titans by Tim Ferris.

This is amazing if you have not listened to his podcast but want to hear all of his takeaways from the hundreds of people he has interviewed. It has short bulbs from different interesting people that I think we can all get something from. I like the audiobook for the initial “read” and then kindle for going back through and highlighting some of my main takeaways.

Cleaning Up

If you are liking this content share it with some friends and you can get free gifts!

Legal disclaimer (aka be an adult!): This is NOT financial advice and I am not responsible for your financial decisions and outcomes. I appreciate all of you but do not be stupid with your money and blame me. This is for educational purposes and every situation is specific and different. I do not have one, but if you need personal help with finances then get a fee-based Financial Planner. They will help you with long term goals.

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