The Money Mustache Community

Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: willn on August 17, 2013, 02:19:39 PM

Title: Out of Debt, Good Emergency Fund, and Save Lots. How Much Do You Give?
Post by: willn on August 17, 2013, 02:19:39 PM
We give to a couple of charities. About 1% of our annual income. We aren't churchgoers, so we don't tithe.  We are still on a tight budget after a business expansion expense.  Once revenue rises from that, we will give more.

So, how much do you give away? To who? Why?

I think its important to living a balanced life, and keeping a balanced attitude about money, possessions, and to engage in a broad way with the civil environment that has allowed us to live a relatively privileged existence.

Title: Re: Out of Debt, Good Emergency Fund, and Save Lots. How Much Do You Give?
Post by: FunkyStickman on August 17, 2013, 03:26:19 PM
10%'er here. We're planning on giving more to an orphanage home in Mexico once we get our retirement plan in order.
Title: Re: Out of Debt, Good Emergency Fund, and Save Lots. How Much Do You Give?
Post by: Rural on August 17, 2013, 04:31:12 PM
I give time, copious quantities of it, and write grant proposals for my favorite charities that bring in more than I earn in a year sometimes. But I virtually never give money personally. There's more than one way to give.
Title: Re: Out of Debt, Good Emergency Fund, and Save Lots. How Much Do You Give?
Post by: CU Tiger on August 17, 2013, 06:33:37 PM
I give about 12%. Some to church and to many animal welfare /rescue groups, and to local public radio /tv, theatre, Doctors Without Borders, local homeless shelters.

I find that giving makes me aware of the abundance in my life, and helping others feels good.
Title: Re: Out of Debt, Good Emergency Fund, and Save Lots. How Much Do You Give?
Post by: burly on August 18, 2013, 06:26:49 AM
I don't think giving is something that one has to 'keep up with the Jones's' about. That being said, we give 5.4% of our net income.
Title: Re: Out of Debt, Good Emergency Fund, and Save Lots. How Much Do You Give?
Post by: gooki on August 19, 2013, 01:53:48 AM
About 0.1% of our income.