Asklemmy

How are we defining "worth it?"

EDIT: THIS IS INCORRECT, the business cannot deduct your donations.~~Yes, the business can claim it as a deduction on their taxes. If it's a business you like, maybe that's a good thing, if it's not then that may be a bad thing. Does the money that goes to charity outweigh whatever harm may come from that company paying less in taxes? I don't know if there's any good way to objectively say that.~~

You don't really get much say in which charity that money goes to, it's just going to whatever charity that company has chosen to partner with. Some charities can be kind of sketchy, not all of them are on the up-and-up. If it's a cause you care about, you may be better off just donating directly yourself to a charity you trust.

Now your individual contributions doing this are really a drop in the bucket, let's say you go to a store and donate at checkout 3 times a week, and since you're rounding up to the nearest dollar, you're donating a max of $1 × 3x a week × 52 weeks a year = a maximum donation of $156 dollars a year donated by rounding, probably going to several different charities, and realistically you're probably donating about half of that unless you have some real OCD about your purchases being even dollar amounts, so probably about $78/year divided up among however many different charities the various places you shop at are involved with.

Now of course you're not the only person making those donations at any given store, each store is probably making hundreds or thousands of dollars in donations between all of their customers rounding up their checks.

Unless you're really struggling, you're probably not going to miss the maybe $100 or so that get siphoned off from you making these donations spread out over a whole year.

Can you Deduct those donations from your own taxes? I'm genuinely not sure, my gut says no (EDIT: you can), but let's say you can. Do you think that $100 or so + whatever other deductable expenses you have in a year are going to beat the standard deduction? If it does, then sure, feel free to save those receipts and try to add it all up, that sounds like more trouble than it's worth to me, but maybe it's worth it for your purposes, there's a lot of different tax situations I won't pretend to know for certain.

Are those charitable donations going to improve your life? That's hard to say, I don't know your life. EDIT to expand on this a bit Are you in a position where you're going to benefit directly from a charity? If you are you may need to reconsider making a donation because you may need that money yourself. Although there are cases where a charity may be able to make better use of money than an individual, for example being able to pool money from donations to buy things in bulk at a better price, but you'd have to know how that organization is ran and how the money is going to get used to determine whether you'll be able to benefit from that directly. Indirectly maybe you'll see some benefits but probably not immediately and it probably won't be immediately obvious. Maybe donating money now to a charity that supports youth sports leads to some kid taking up baseball who wouldn't have been able to afford to otherwise which in turn keeps him off the streets, gets him scholarships, etc. when otherwise he might have ended up in a gang or hooked on drugs or something and broken into your neighbors car 10 years down the line to steal some change which resulted in your insurance rates going up because your in a "high crime area" or something. Or maybe it will just give you a warm fuzzy feeling inside.