You could be the Warren Buffett of social investing
Suppose I told you about an investment that would easily generate a 60-fold return in a few years with very little risk. And then I tell you that some of the world’s top economists have looked at the opportunity and agreed with me.
Taking Distributions When You Don’t Need the Money to Live on
A 68 year old divorced man with two grown children wants to know how he can avoid paying unnecessary taxes on required distributions from his retirement accounts, which is money that he does not currently need. Can charitable giving provide a solution to this man's predicament?
Part III: How to change your behavior and achieve your personal best
For those of us whose awareness and behavior are not so inherently or concertedly altruistic, I believe we can follow a program wherein we intentionally build up our consciousness and actions to alter our “normal” giving behavior so it more closely aligns with our goals and values around protecting lives; we can escape, or redefine, normal. By following these steps, we can become more educated about effective giving and build elements into our lives that help us remain aware of and committed to devoting more of our resources to improving and even saving the lives of our fellow human beings who desperately need our assistance.
Part II: Understanding “normal” giving behavior
One reason for the poverty/giving disconnect is that our brains are not equipped to focus on multiple variables simultaneously, so we prioritize those needing immediate attention. This can explain at least part of why we have trouble keeping in mind what the global poor are going through when our teenage child is having a social crisis, or our spouse wants a kitchen remodel.
Part 1: Escaping Normal
There is a disconnect for many of us between the supreme moral value we place on human life and the way we are able to tune out awareness of the millions of people globally who are caught in a downward spiral because they had the misfortune to be born into extreme poverty. In principle, we feel all people deserve a chance to have a happy, healthy life, yet we turn a blind eye to the 702 million people who live (or try to live) on less than $1.90 per day.
4 Ways to Donate Better
From picking a worthy charity to making your contribution go further, there's a lot to learn about how to be the most effective altruist you can be. Here are 4 essential tips for making your donation.
I gave away $2,239.93 last year. Here's where it went.
Since committing to effective altruism in 2013, I have given away thousands of dollars to many different charities. Looking back on 2015, how did I do?
Why poverty hurts our children most
Globally about 16,000 children under the age of five die each day—most from preventable conditions associated with poverty. That’s a staggering number. At that rate, this means that more than 11 children die unnecessarily every single minute. In the five or so minutes it will take you to read this blog post, more than 55 children will have lost their lives to extreme poverty.
How to Give Like Bill Gates, Even if You Have Little to Give
By following the Gates Foundation's principle that "all lives have equal value," you can dramatically increase the impact of your giving.
Interview: How one man is trekking a continent and taking on a cause
Matt Napier is passionate about fighting global poverty—and is undertaking an ambitious walk this summer across southern Africa to raise funds and awareness for the world’s neediest people. Matt recently chatted with The Life You Can Save via email, and shared his thoughts about the global community’s responsibilities to the extreme poor, and how Peter Singer’s philosophy transformed his personal outlook.
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