The new tax laws are projected to decrease charitable giving by $17 billion (or 4%) in 2018 — blame the larger standard deduction, which more taxpayers will take instead of itemizing deductions like charitable donations. It’s now more important than ever to manage your finances wisely so you can support worthy causes. Here’s how to be smart and intentional with your giving.
With your turkey hangover slept off and Mariah Carey on the airwaves, the holiday season has officially kicked off. The holidays are the perfect time to evaluate your giving and consider whether you can give more to those in need—and with automated online giving it’s never been easier, right?
When was the last time you stopped and evaluated your lifestyle? Upgrades to our lifestyle can creep in subtly and, before we know it, that gym membership we coveted for so long feels like a must-have. Check out some guidelines for reviewing your lifestyle here.
All right, 2017, let’s get down to business. If you followed my advice in December and set your goals for the year, it’s time to take the next step and talk about becoming more mindful with your finances. There are a plethora of helpful how-to books and blogs on personal finance, but far more important to your financial well-being is improving your relationship with money. The behavioral side of money is much harder to understand and control.
I hope you all enjoyed a long weekend full of quality time with loved ones. In this season of Thanksgiving, I found the following two articles to be refreshing and a helpful check on my financial perspective.
In New York it’s impossible to ignore the huge spectrum of wealth and lifestyle choices. You can see this just about anywhere, but it’s amplified in a city: more people, more extremes. The urge to compare, covet, and judge can be quite strong. I think we should all strive to be content with what we have and where we’re at in life, and a good starting point is realizing that when it comes to money, what’s right for you will differ from what’s right for those around you.