I just went looking for a generalized piece on what to do with personal resources and didn't find much so here's a question: What recommendations does the EA community hold as ways to manage personal finances and optimize investments? *I recognize this is very dependent on personal situations, place of residence, access to various forms of capital, expertise, etc. AND I sense there is some broadly applicable advice among us.*
Of course there is the extreme option of donating as much as possible as soon as possible but what about a more nuanced approach to personal savings in balance with effective giving. Are there specific 'investing hacks' people recommend or see as uniquely possible now (vs 3-10 years ago)? What are you investing in and why? How much time and energy do folks spend updating their personal finance strategies in a given year? Are there financial advisors you'd recommend if you're looking to work with someone 1:1?
Given how central this feels to enhancing folks ability to increase effective giving, I'd almost expect financial planning and money management to have a well researched and updated set of resources around it.
There is a small section here: https://forum.effectivealtruism.org/posts/w9ENDad268PT9KnWn/thoughts-on-personal-finance-for-effective-altruists#Savings