Category: Charitable Giving

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Raising Awareness About Economic Abuse and Domestic Violence: How You Can Help

Today’s a serious one and includes a content warning: I’ll be discussing domestic violence and intimate partner abuse. So take care and skip this one if you need to. If you’re in an unsafe situation, or know someone who is, you can contact the National Domestic Violence Hotline at 1.800.799.SAFE (7233) or by texting “START” to 88788. I’m writing this not to solve the problem or offer solutions, but to raise awareness. April is financial literacy...

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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...

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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%)...