Posted on Monday 27 September 2010
There is this saying among business people that a car is an added expense and so the less you have the better. Books have been written about how the earn money and most of them talk of what one can do to reduce the exit and widen the money inlet. True to the saying, that is the most appropriate way of increasing wealth.
Consider yourself having three vehicles, The truth is that you can only use one at any given time. The others will be at the parking bay. But it is a must that you maintain all the three of them, to keep them in perfect condition, not forgetting the fact that you will need to pay all the applicable taxes to the IRA for all the cars at the same time.
To reduce this expense, it is a recommendation that you give up at least one vehicle to a car charity. You must now be asking, to what benefit. Right back at you, to what benefit does a parked car give? Does it add value to life, and what if someone would put it into a good use, would it change the world?
When you donate a car to charity you most definitely will add value to someone’s life. This will be a big and better benefit to you since you will get double tax value, a full tax deduction to you and a full value for money on the car to the car donation charity.
Come to think of it, you have changed the world, who knows tomorrow, your own kind could be saved by another man’s generosity!