FRUGALITY DID NOT REDUCE MY PRODUCTIVITY BUT MADE MY SOCIAL LIFE HARDER
In the early years of my EA journey, I tried to live on a small budget so I
could donate more. I learned that I could be productive on a small budget.
There were times I worked on an old laptop. Some actions might have taken a few
seconds longer, and I did not have much screen space. It was fine. What matters
most about productivity is to do the right things, not to do the things slightly
faster.
I exercise to keep my mind fresh. I don't go to the gym or take sports classes.
I just do a bodyweight workout at home. Completely free. I also cook my own
meals. I can only spend so many hours working behind a computer screen. Ordering
food delivery or buying pre-prepared food does not save me time.
The biggest problem with frugality is socializing. To meet people, I need to
travel and participate in the activities that they do. Sometimes it may be
better to not be too frugal.
For example, my team works in the office one day per week. We have lunch in a
restaurant - which is quite expensive where I live. When I joined the team, I
brought my own food and ate it alone in the office. I felt unhappy about this.
After a while, I decided to join and spend a lot of money on the "unnecessary
luxury" of not socially excluding myself.
Published: Who gives? Characteristics of those who have taken the Giving What We
Can pledge [https://doi.org/10.1111/jopy.12842]
The paper I worked on with Matti Wilks for my thesis was published! Lizka
successfully did her job and convinced me to share it on the forum.
I'm sharing this here, but I probably won't engage with it (or comments about
it) too seriously as a heads up --- this was a project I worked on a few years
ago and it's not super relevant to me anymore.
WELCOME TO THE EFFECTIVE GIVING SUBFORUM!
This is a dedicated space for discussions about effective giving.
Get involved:
* ❤️ Donate via Giving What We Can
[https://www.givingwhatwecan.org/giving-season]
* Join the discussion
* Share where you're donating
[https://forum.effectivealtruism.org/posts/LNbzDCgCH2py3cnJv/where-are-you-donating-this-year-and-why-open-thread]
this giving season — and why!
* Start a new thread in this subforum[1]
* Ask questions about donation decisions
* Discuss strategic considerations about giving
* Explore other opportunities for donating or raising money
* Explore updated giving recommendations from GiveWell
[https://forum.effectivealtruism.org/posts/NeK9XYY2mDsH5bJdD/our-recommendations-for-giving-in-2022], Animal
Charity Evaluators
[https://forum.effectivealtruism.org/posts/cGn5HrDKdCkaf3REy/announcing-our-2022-charity-recommendations], Giving
What We Can
[https://forum.effectivealtruism.org/posts/ebN8eB7DoN2Frd7Wy/announcing-gwwc-s-new-giving-recommendations],
and Happier Lives Institute
[https://forum.effectivealtruism.org/posts/uY5SwjHTXgTaWC85f/don-t-just-give-well-give-wellbys-hli-s-2022-charity]
* Book an effective giving talk
[https://forum.effectivealtruism.org/posts/cNHbgp2MsGRZBAqjG/book-a-corporate-event-for-giving-season]
at your workplace
* Give the Forum team feedback about this beta subforum
* Reach us at forum@centreforeffectivealtruism.org
[forum@centreforeffectivealtruism.org] or comment on this post
[https://forum.effectivealtruism.org/posts/fLYiwuxyFF9q3pe6B/effective-giving-subforum-and-other-updates-bonus-forum].
1. ^
Threads can be casual! This will only appear in this subforum or for people
who've joined the subforum.
I thought we could do a thread for Giving What We Can pledgers and lessons
learnt or insights since pledging!
I'll go first: I was actually really worried about how donating 10% would feel,
as well as it's impact on my finances - but actually it's made me much less
stressed about money - to know I can still have a great standard of living with
10% less. It's actually changed the way I see money and finances and has helped
me think about how I can increase my giving in future years.
Two houses (the forum and EA twitter), both alike in dignity, are being brought
together in a time of great need.
We're at $35,980 on our fundraiser
[https://www.givingwhatwecan.org/fundraisers/ea-meme-2022] for GiveWell and ACE
and there are only 3 days left, please donate! Especially if you have $44,020
laying around and you want to see Dustin on the 80k podcast
disclaimer: *long discussion of counterfactualness and tax implications*
I'm wondering whether anyone here has used particular tools or frameworks for
balancing future financial targets (buying a home, having children, etc) with
current giving. For instance, one might:
1. Simply give X% of their income every year, and make their financial goals
fit within their adjusted income.
2. Estimate how much capital and cash flow they might need given certain life
goals, and then work out how much they need to save in order to meet those
targets, donating everything else they make.
3. Save more early in their career and donate more mid or late career,
expecting early savings to help build wealth and meet financial goals and
unlocking more donations later on.
Pre-commitent: I will reply on this thread with where I decide to donate by New
Years Day.
I’m planning to meet up with a friend and decide where to give my donations on
New Years Eve. I often find I put my giving off so I'm using this post as a
commitment device.
1. If anyone wants to join me, feel free to comment with the date you plan to
donate by.
2. Does anyone have any suggestions about how to structure your thinking on
where to donate? I’m planning to spend a couple of hours on this with a friend.