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This is the story of how Eric A. used YNAB to donate a staggering 60% of their income in the first half of 2023 and found lasting peace and contentment along the way.
Learn four benefits of giving, why it's good for your budget and your soul, and how to budget for giving when you don’t know where to start.
It's "the most wonderful time of the year" so why not ruin it with a little talk about tax strategy, eh? Sugar plum fairies dance in some people's heads. My marginal tax rate and the timing of charitable contributions dance in my head. There's power in giving your money away. It asserts your authority.
They say, it is better to give than to receive. But who are “they” really, and how do “they” know, because receiving can be pretty awesome. I still don’t know who “they” are, I just know from my own experience that giving is a powerful and important practice. For us, it is a priority.
In thinking about becoming the boss of your money, the subject of charitable giving just doesn’t go away. Check out these myths about giving.
One aspect of giving that simply cannot be ignored is the strong sense of gratitude that is felt by the giver.