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:273 | What's an Emergency?
272 | Understanding Compound Interest & Investing for Beginners
271 | Future Proof
270 | Designing your Year for 2021 | Dominick Quartuccio
269 | Let's make Lemonade with a Twist
268 | We Want Guac | Financial Independence for Gen Z
267 | Timing the Market
266 | Breaking the Cycle of Poverty | Yanely Espinal
265 | Talent Stacker
264 | Recognizing Scarcity and Uncertainty | Leisa Peterson
263 | Pick Your Five: Accountability & Decision-Making
262 | How to Decide | Annie Duke
261 |"Nothing Gold Can Stay" | What is a HELOC?
260 | What's your Survival Number? | Jully-Alma Taveras
259 | Kristi & Big ERN
258 | Back to Basics Part 2: The Income Side of the Equation
257 | Back to Basics: Getting Started with FI
256 | Double Your Income by Flipping the Second-Hand Market | Flea Market Flippers
255 | If People Can Do it Then I Can Do it Too | Leslie Tayne Connects with Vivian
254 Creating a lifestyle not a Job | Corbett Barr
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