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The more I have give, the more my bank account has benefited. For me, the more I trust God with my finances the more I benefit. Benefit isn’t exactly the right word but give and trust, you will see the positive results. Not forcing this upon anyone but this has been true to me and my beliefs.
Love this! I sometimes forget that there are other people in this industry that hold similar values
Muslims holding above a certain threshold of wealth are required to donate 2.5% of the cash value of their assets every year. I practice it and like it because it becomes a habit, it keeps me humble about the transience of my worldly possessions and I can see the impact it directly has on people (I usually try and give it directly to deserving families in third world countries)
On a monthly basis outside of that I don't have a set figure but I usually try and give about 5%
Have to say, very surprised by people's responses on this thread in the best way possible.
Z4. Even if only the charitable replied I'm still surprised to see there were that many
15%
0%. My philosophy is if I can’t yet retire (guarantee my own survival) then I can’t be giving away $. That said, about .5-1% per year goes towards buying others drinks.
GiveDirectly does unconditional cash transfers, if you’re concerned about giving efficiently. GiveWell also measures these things.
10% between my church, charities, and friends who do service/ social justice work and rely on fundraising
ITT: people who could give but try to rationalize why their zero donations are not out of selfishness. Best excuses so far: taxes are like charity, nonprofits are all corrupt, I was in the military so I gave enough. Guys, just say that keeping the $$$ makes you feel better than helping those who are less lucky.
@AP3: that ain’t socially acceptable
I usually do 10-12%. Vast majority went to my church. The others went to charities whose causes I support.
0%
Tithes to my church which is 10%
30%
10% post tax to church and charities as tithe; 10% to parents though they don’t need it. They are self sufficient
In the past I’ve done 10% (after tax). The last year or two, I’ve only done like 2-3% but plan to go for 10% again this year. I think wherever you start it’s a great thing for everyone to challenge themselves to be more generous every year. I set a budget for it and track it month to month so if I didn’t give my allotment, I give it all at the end of the year towards causes I find important. Tracking it that way helps keep you accountable to your goal. Also knowing “oh I am $50 under my charity budget from last month” allows me to live a little more open to opportunities to be generous around me. I had a friend who had their clarinet stolen and they were a poor grad student so I was able to help them buy a new one, or treating a homeless person to lunch etc. Just having that money undeployed helps you look for fun ways to assist and bless other people. It’s just a more fun way to live - I’m trying to get back into it after not doing it for a while (MBA, wasn’t making $), but I really recommend it!!
Around 15% I think
5%, but I would like to get up to 10%.
0%. I pay taxes.
Between 12-15% but I do it off the net
5% to St Jude. $0.82 of every dollar goes to the kids + some insurance money.
St. Jude is one of the best!
I try to tithe at church, so minimum of 10%
10% for my church and 5% for other non profits
^and this 15% is split between my church, friends that do social justice work and fundraisers their income, sustainable poverty alleviation NGOs (like microfinance institutions, vetted first on charity navigator), climate change orgs, anti-trafficking orgs. Two personal favorites that do amazing work are International Justice Mission (anti-trafficking) and HOPE International (financial services for people who generally lack access) - would encourage people to check our both!
I give 10% of each paycheck plus extra to a variety of initiatives