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:253 | Back to Basics
252 | Life Rebuilt | Julia Harder
251 | Should I Pay off the Mortgage on the Path to FI? | Brad Connects with Martin and Ayesha
250 | Money Lessons From My Grandparents | Anne Zonca
249 | Carol connects with The Retirement Answer Man Roger Whitney
248 | You Are More Than Your Financial Capital | Laura Oldanie
247 | Zach and Marilyn Talk Real Estate Investing | Paula Pant
246 | Overcoming and Battling Financial Abuse | Rachael Partleton
245 | Matt & Megan get International Tax Tips | Dave McKeegan
244 | Mentorz : A Second Generation FI Success Story | Ava and Don Wettrick
243 | Corinne and Jillian Johnsrud | Households of FI
242 | The Financial Gym | Shannon McLay
241 | Troy & Lindsay Calculate Their FI Number with Brad | Households of FI
240 | The Budgetnista
239 | The Gatekeepers are Gone
238 | Half Price College with the Millionaire Educator
237 | Build Your Talent Stack
236 | The Intersection of Fitness and Financial Independence
235 | How I Built a 7-Figure Online Course | Jacques Hopkins
234 | What's in Your Index?
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