For adults, the money we work hard to earn can be spent in one day. One of the largest investments families have to make is buying a new or used car. First, you have to make car payments. Secondly, you have to pay car insurance. Lastly, you have to buy fuel and pay for any repairs. The costs of owning a car can be overwhelming. In addition, after many years of driving, you car will eventually become unreliable and will have to be replaced. Traditionally, the first instinct is to sell the car or give it to a junk yard. Selling a car can be very time consuming and most junkyards do not give much money for your car. So what do you do? Don’t be one of those neighbors that keep an old and rusty car sitting in the driveway. If you are one of those people, now you know why your neighbors do not wave back at you! While you might be skeptical at first, why not donate your car to charity?

--> Many people first think “why would I donate something that is such a large investment. After all, money does not grow on trees”. Although it is ironic that money is derived from paper which comes from trees. The answer to that question is simple. After your choose a charity to donate your car to, you receive an IRS tax deduction! The maximum tax benefit you can get for donating your vehicle is $500. So you do get cash back for your car donation.

After you donate your old car, the towing company will pick up your car or truck for free. They will leave you a tax deduction receipt so you can write off your car donation on your taxes. It is really that simple and the whole car donation process can be done online.

--> Everyone loves money. Don’t deny it. It is nothing to be ashamed of. Some celebrities have millions of dollars and still manage to go bankrupt. It is what makes the world survive even when the economy is in a recession. Abraham Maslow developed a list of the basic human needs such as physiological, safety, love, esteem and self-actualization. Today, the evolution of humanity is telling us that money should also have a separate category as a need for survival. Without money and a little help from the government, we would live on the streets.