2 karmaJoined Dec 2022


How do folks plan ahead to balance financial goals and giving?

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.