In this episode: building a giving framework, the giving pledge, compound impact, donor advised funds, and different ways to give.
Is it better to give to charity in a lump sum versus incrementally? What are the tax implications of donating? What are the benefits of using donor advised funds? This week we answer these questions and more with the help of Rebecca Herbst and Jack Lewars as we discuss charitable donations and effective giving while on the FI journey. A large part of FI is taking actionable steps to improve your life, but this journey also opens up opportunities to improve the life of others. While navigating donations while on the path to FI can seem tricky because we are so focused on attaining our FI numbers, there are still many ways you can give back and make a difference. Creating the habit of effective giving can help you leave an impact on yourself and the world at large! There are many resources available that can help calculate what you can give while remaining on the FI track, as well as help you see how your donations are making a difference!
Rebecca Herbst & Jack Lewars:293 | Gamestop Squeezed to the Max | Brian Feroldi
292 | The Complexity in Simplicity at M1 | Brian Barnes
291 | If I Could Turn Back Time
290 | We're Talking Millions | Paul Merriman
289 | The Roth 401K and Meal Planning Made Easy
288 | Mad Fientist
287 | The Examined Life
286 | I Like to Dabble
285 | Beginning of a New Era
284 | JL Collins Returns
283 | End of Year Wins | Part 3
282 | End of Year Wins | Part 2
281 | End of Year Wins | Part 1
280 | The Debt Free Guys
279 | Be Wise, Your Financial Future is at Stake | Dan Otter
278 |Retire Early...For You | Amy Blacklock
277 | Gauging the Weight of your Portfolio
276 | How to Set up Your Financial Life | Investing and Banking
275 | Board games and War Games
274 | Tax Planning 2020 | Sean Mullaney
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