Happy holidays! One of the biggest challenges when it comes to effective giving is finding a happy medium between one's long-term financial and altruistic goals. Rebecca Herbst, creator of Yield & Spread, has some ideas on building a financial plan that can most help you... *and* the world. Join EA Philly's "Talk Tuesdays" watch party and small group discussion, featuring Rebecca's talk "Personal Finance for Generous People"
---How comfortable are you with your financial plan? Do you have an idea of when you would actually be able to retire? How well-informed is your investment strategy? These are important questions about financial wellbeing, especially for those in the Effective Altruism community that have taken a giving pledge or are making giving a meaningful part of their lives.
EVENT FORMAT:
After a <5min introduction, the featured talk and/or Q&A (15-40min) will be shown over Zoom. Afterward, attendees will be divided into a series of rotating small discussion groups to chat about the session content. Optional discussion prompts will be provided to keep the conversation flowing.
Open to -- Everyone! Though certain talks may be more "advanced" than others, Talk Tuesdays are geared towards a general audience who are eager to explore EA-related topics with an open mind.
Have a great talk or topic in mind for a future discussion? Let us know here: https://forms.gle/AcpD58kTbuwih9cYA
If you'd prefer to pre-watch this talk and join the event late (~7:45pm), you may do so here:
https://youtu.be/mjEXgyg88zY
ABOUT THE SPEAKER:
https://yieldandspread.wixsite.com/personal-finance/our-story
Rebecca Herbst reached Financial Independence at the age of 32. She is a believer in financial literacy for everyone -- and that investing and financial planning are key superpowers that enable us to do more good in this world. Rebecca runs the not-for-profit financial literacy course Yield & Spread (in which all proceeds from the course go to The Life You Can Save).
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If you're new to effective altruism (EA) and eager to get a quick introduction, check out this TED Talk by William MacAskill: https://bit.ly/EATedTalk. You can also read an in-depth introduction on the EA website: https://effectivealtruism.org.
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We love feedback. Let us know how we can improve!
General Feedback: https://bit.ly/eaphilly-generalfeedback
Event Feedback: https://bit.ly/eaphilly-eventfeedback
Questions? Contact the organizers directly at eaphiladelphia@gmail.com
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The host has requested RSVPs for this event
After EAGxBerkeley, I think there needs to be a lot more emphasis on the basics of personal finance, particularly for student groups and other young EAs.
EAs have different financial needs. Balancing giving and saving is much less stressful if you have a reasoned plan about how to do so. I imagine it'd be pretty easy to get bad advice from a financial counselor who isn't familiar with philanthropic giving.
At the EA Software Engineering meet, earning to give came up, so we talked about some slightly advanced financial strategies. In the US, donating appreciated assets is the best strategy for tax advantaged giving. Aaron Hamlin has some great resources on how to set up a donor advised fund (DAF) to do this. I recommend the following: