After reading so many detailed giving plans from bloggers, I’m chagrined to admit that I don’t have a plan for regular charitable contributions.
One of the difficulties in setting up such a plan is that I’m not quite sure what charities to give to. Well, at least I am certain that I’ll give to my school once I graduate (even though I already owe it 19,000 George Washingtons). One could argue that donating to a school that already has hundreds of millions of dollars in endowment may not be the best use of my charitable dollars. Still, it has done well by me.
There are several political and social causes that I hold close to heart – I will do some research on them and then decide how much I can give. Several bloggers have recommended Kiva.org, so I will check that out as well. A fellow blogger that I enjoy reading, English Major, aims to contribute 5% of her income to charity. I find that extremely admirable. TBH also has a giving plan and will contribute a fair amount of her income to charities.
In addition to giving money, I also want to be involved in a non-profit whose cause I support. Since I expect my job to take most all of my waking hours, I have to be realistic how much time I will have to do non-profit work. I plan to talk to some people at my school and try to participate as an young alum on a committee. Alums have helped me tremendously during my career search, so I’d like to give back if I can.
Thanks for the link & compliment!
I give primarily to Donors Choose. I’m so worn out from changing my template eighty-twelve times this afternoon that I can’t find the words to explain how awesome it is, but you should check it out. The nice thing is seeing the impact of small amounts of money. For me, giving money away in small, regular chunks helps me continue giving (for someone without a lot of cash, giving $45 every two weeks is way easier than giving $180 every two months).
I also plan to give to my schools, both my high school and my college, so, no shame there.
I give 10% of each check to charity as soon as I get it. I also put 10% into savings, and invest 10%. All before I spend 1 penny. It was tough at first, but it works great. Teaches you to manage your money.
Festival of Under 30 Finances – 12th Edition
Welcome to the 12th edition of the Festival of Under 30 Finances! We had quite a large and wide range of articles submitted this week so I’m sure there is something here for everybody. I’m happy to be hosting this week and hope you spend …
Yeah, I feel a little ridiculous about giving to my school even though I owe tens of thousands for that experience (and my school has a 7 billion + endowment!), but I see it as an investment toward eventually being an influential alumna.
[...] Posted by wellheeled under Goals , Personal Finance Remember how I said I’d donate money to my school? Well, now it’s time to pay the piper. I’ve decided to give $25 to my school before [...]