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Invest. Now is not the time to give back, you don't know your future. Live a good life, and once you are in a position to donate and help other people, do so. B
by rapfaria 7y ago
Invest. Now is not the time to give back, you don't know your future. Live a good life, and once you are in a position to donate and help other people, do so. But for that you have to have your life figured out first. You don't want to get generous now and have nothing in three months after unemployment.
Plan it accordingly and you can have a good life and give back to many, many people.
- codingdave 7y agoThe problem with that approach is answering the question of when you have enough to start giving back. People get used to the money. They increase their lifestyle. They save up more to make sure they'll never have to simplify. Then they save for retirement. And their kids college. And maybe more so their kids have a a nest egg. And they gotta take care of their parents when they get old, too. But they won't fit into the wealthy lifestyle, so they save money to afford the best care providers... And then one day they find themselves at 60, retired, with the perfect life, but forgot to actually stop and give back. But they tell themselves that is OK because that was just a silly thought they had when they were 22. Or, you can choose a percentage to give back, from the first day of your career. It won't be big to start. But it will grow with your success. And if your life takes unexpected turns, and you don't end up old and wealthy, you still gave back throughout your whole life.
- fakeElonMusk 7y agoagreed - I donate a percentage of my monthly income to 4 or 5 charities. every few years I pick new charities or orgs to donate to. Kiva is one that I have been donating to for years, and now I don't donate anymore and just reinvest my payments.