50. Giving more strategically
08/22/22 • 11 min
1 Listener
Here’s this week’s letter:
In the past, I’ve donated money whenever I’m asked. I don’t really have much of a strategy, someone asks, I think about whether it sounds right to me, or my current budget and then I give what I can at that time. But I’m wondering if there’s a way to get a little more organized around my giving. I heard an episode that gave some guidelines on how to figure out how much I want to donate, but I want to know if there are guidelines on breaking down that amount by different types of giving. For example, my kid’s school, my mosque, etc.
Links from today's episode:
https://www.ellevest.com/magazine/personal-finance/how-to-make-a-strategic-giving-plan
Here’s this week’s letter:
In the past, I’ve donated money whenever I’m asked. I don’t really have much of a strategy, someone asks, I think about whether it sounds right to me, or my current budget and then I give what I can at that time. But I’m wondering if there’s a way to get a little more organized around my giving. I heard an episode that gave some guidelines on how to figure out how much I want to donate, but I want to know if there are guidelines on breaking down that amount by different types of giving. For example, my kid’s school, my mosque, etc.
Links from today's episode:
https://www.ellevest.com/magazine/personal-finance/how-to-make-a-strategic-giving-plan
Previous Episode
49. Socially Responsible Robo-Advisors
Here’s this week’s letter:
I just discovered the show recently and have been learning a lot, especially as I think about stepping up my investing game. My issue is that I’m busy. I work at a startup and I just don’t know when I’ll have time to really sit and think through every stock in my portfolio and make sure that they are socially just companies and that I’m setting myself up safely for retirement at the same time. So, what do you suggest for the super busy investor who still wants to feel good about their portfolio?
Next Episode
51. Activist Investing
Here’s this week’s letter:
I recently heard a talk by someone who was saying that shareholders can influence what a company does. But my question is, do I need to be a big time player with lots of stocks to be able to have any influence? The speaker gave the example of Engine 1, and said they had a tiny amount of stocks in Exxon but I guess I just want to hear another opinion about this. Can a middle income person really have any influence?
https://www.wsj.com/articles/the-hedge-fund-manager-who-did-battle-with-exxonand-won-11623470420
https://www.nytimes.com/2021/06/23/magazine/exxon-mobil-engine-no-1-board.html
https://www.asyousow.org/reports/proxy-preview-2022
Progressive Pockets: a podcast about the untapped power of our wallets to build the world we want - 50. Giving more strategically
Transcript
Hi! Welcome back to Spend Donate Invest. This is a place to discuss how we can line up the kind of world we’d like to live in, and...our money. So the topics cover all kinds of fascinating questions like- what if your 401K at work has a bunch of climate destroyers in it? Just how much should we be donating? And just how bad is crypto for the environment? If it’s about money and our power to create a better world, we will discuss it here. So anytime you find yourself thinking about what we
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