With the holidays approaching, now is the best time to review your charitable giving and make end-of-year donations. Not only are you in a giving mindset, but you have an opportunity to positively impact this year's taxes before you file them in a few months. Waiting until after January 1st to donate will force you to wait a whole year before you see the tax benefits.
Giving to charity at the end of the year will also help you to put your money into perspective as we approach the new year. The act of giving helps you tie your money to purpose beyond yourself and helps your subconscious to feel safe with your finances. Both can help reduce the danger of making money decisions based on fear or greed.