The gift of giving thanks is that it magnifies our blessings and expands our ability to be a blessing to others. Happy Thanksgiving! 6. Gratitude Increases Feelings Of Happiness And Well-being. One of the importance of giving thanks to God is that it fills our hearts with joy and contentment. When we take a moment to appreciate all the blessings He bestows on us, our spirits are elevated, and a sense of happiness comes over us. Sddjco9.