Category: Charitable Giving

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How We Donate To Charities Like Billionaires

Think strategic philanthropy is just for billionaires? Heck no! It’s for everyone who gives away money. We’re all some strategic bosses with our spending, savings, and investments–charitable giving is absolutely no different. Today we’re going to discuss opportunities to maximize your philanthropic impact, support charities you believe in, and ultimately, make wise financial decisions that’ll benefit others–in other words, how to donate like a billionaire! What could be better? Cookies maybe, although I did eat...

105

How We Make Meaningful And Tax Efficient Charitable Donations

In the spirit of the holiday season, today I’m discussing how and why Mr. Frugalwoods and I make charitable donations. First, permit me to set the scene. Mr. FW and I consider ourselves to be very fortunate. And among our many, many blessings (which I enumerate here) is our wealth. Although we’re not rich by the standards of Wall Street or corporate CEOs, we’re well off. We’ve grown our wealth by saving exceedingly high percentages (circa 70-82%)...