9 Powerful Ways Volunteering Can Boost Your Health and Wealth

volunteer
By-Africa-Studio / Shutterstock.com

Volunteering is associated with giving back to the community, but its benefits extend far beyond altruism.

Engaging in volunteer work can have a profound impact on both physical and mental health, as well as financial well-being. Here are nine surprising ways volunteering can improve your overall quality of life.

Pro Tip: If you have a high-deductible health plan, you should have a Health Savings Account. Check out Lively HSAs.

1. Reduces stress and anxiety

Man frustrated because of a bad financial decision.
PeopleImages.com – Yuri A / Shutterstock.com

Volunteering has been shown to reduce stress and anxiety by releasing endorphins, also known as “feel-good” hormones.

A study published in the Journal of Social Service Research found that individuals who volunteered experienced a significant decrease in stress levels compared to those who did not.

Pro Tip: Stay proactive about your health. Life Line Screening reveals hidden risks so you can act early. Book a screening today and have peace of mind.

2. Boosts mental health

Woman who appears to have dementia with her daughter
imtmphoto / Shutterstock.com

Volunteering can help alleviate symptoms of depression and anxiety by providing a sense of purpose and social connection.

Research has found that volunteering can be as effective as therapy in improving mental health outcomes.

Pro Tip: Cutting financial stress can boost your peace of mind. Paying more than $15 a month for your cell service? Stop that. Click here to save a bundle.

3. Increases physical activity

Senior volunteer
Rawpixel.com / Shutterstock.com

Many volunteer opportunities, such as conservation projects or disaster relief efforts, involve physical activity that not only helps others but also boosts your own cardiovascular health, lowers the risk of chronic diseases, and improves overall physical strength and mobility.

Staying active through volunteering can also increase energy levels and improve sleep quality, both supporting long-term wellness.

Pro Tip: Staying active is great — just ensure your car can keep up. Car repair bills aren’t what they used to be. One auto shop told Consumer Reports their average job rose from $1,600 a decade ago to $4,000 today. Endurance gives you access to thousands of ASE-certified repair shops and pays the bill upfront, so you’re only responsible for the deductible. Get a free quote today!

4. Supports cognitive function

iriam Doerr Martin Frommherz / Shutterstock.com

Engaging in mentally stimulating activities, such as teaching or mentoring, can help build cognitive reserve and reduce the risk of age-related cognitive decline.

These types of activities challenge your brain, keeping it sharp and adaptable over time. They also offer a sense of accomplishment and purpose, which further supports long-term mental well-being.

Pro Tip: Staying mentally sharp includes making smart financial decisions. Explore diversification options like precious metals investments, with opportunities to receive up to $10,000 in free metals through qualified purchases. If you’re over 50 and curious about investing in Gold, now is a great time to get your FREE 2025 Gold Information Kit and protect your future with physical precious metals!

5. Fosters social connections

Volunteer
Alonafoto / Shutterstock.com

Volunteering provides opportunities to meet new people and form meaningful connections. Social isolation is a significant risk factor for mortality, and volunteering can help mitigate this risk.

Building relationships through shared goals and experiences fosters a deeper sense of belonging. These social ties can also be a strong support system during challenging times.

Pro Tip: Staying socially connected can be tough without transportation. Need a convenient way to get around? GoGoGrandparent makes it easy to schedule rides with just a phone call—no smartphone required. Memberships starting as low as $1 per day.

6. Enhances career opportunities

Woman delivering a hot meal to a smiling senior woman through a program such as Meals on Wheels
Kzenon / Shutterstock.com

Volunteering can provide valuable work experience, skills, and networking opportunities. A LinkedIn survey found that 41% of professionals consider volunteering an important factor when evaluating job candidates.

It also demonstrates initiative, adaptability, and a willingness to contribute beyond personal gain — traits highly valued by employers.

Pro Tip: If you’re looking for part-time or work-from-home jobs, FlexJobs lets you browse and apply to verified jobs around the corner and around the world.

7. Increases financial literacy

senior learning to use the computer for taxes budgeting college course
Paul Vasarhelyi / Shutterstock.com

Some volunteer opportunities, such as budget planning, can provide valuable skills and knowledge.

These experiences can help you become more confident managing your own money, from setting savings goals to understanding credit.

Over time, this practical knowledge can lead to better financial decision-making and long-term stability.

Pro Tip: Ready to put your financial know-how to work? Whether you need debt relief or funds for a major goal, explore financial solutions here — quick, secure, and tailored to your needs.

8. Supports community development

Volunteer group planting trees for Earth Day
PeopleImages.com – Yuri A / Shutterstock.com

Volunteering can contribute to community development initiatives like economic development, education, and healthcare.

By investing in the community, individuals can help create a more prosperous and supportive environment. These efforts often lead to long-term improvements in residents’ quality of life.

Being part of that change can be deeply rewarding and inspire ongoing civic engagement.

Pro Tip: Supporting your community starts with making smart personal choices — use a car insurance shopping site to cut costs and redirect those savings toward causes that matter.

9. May lead to new career paths

Krakenimages.com / Shutterstock.com

Volunteering can be a catalyst for career change or exploration. Individuals can discover new passions and career paths by trying new activities and gaining new skills.

It offers a low-risk way to test different industries or roles without a long-term commitment. The experience can also strengthen your résumé and make you a more versatile job candidate.

Pro Tip: Exploring new career paths is smart — do so while building your future. Open a SoFi IRA to start growing retirement savings with matched contributions and the power of compounding interest. Get started today.

More than giving back

Woman looking through a frame created by her hands.
elementals / Shutterstock.com

Whether you’re looking to boost your health, grow your skills, or explore new paths, volunteering offers more than just goodwill. It’s an investment in yourself as much as in your community.

The personal growth, relationships, and experiences gained can affect your well-being and outlook.

No matter your age or background, there’s a volunteer opportunity that can enrich your life in unexpected ways.

Pro Tip: If you’ve got at least $100,000 in investments, check out a free service called SmartAsset. You fill out a short questionnaire and instantly get matched with up to three vetted financial advisors in your area.

 

Upgrade to an ad-free experience

As a newsletter subscriber, you're already part of the family. Members enjoy distraction-free reading, PDF downloads, and exclusive perks.

No ads • PDF downloads • 2 free eBooks • Email us questions
Learn more about membership benefits •