Want to change the world with your donating, but feel powerless? Are you unsure of the best WAY to donate money or time to an organization? Have you ever been burned by the ineffective use of the money you’ve loaned or gifted? Today we’ll talk to someone who knows how to help you become the philanthropist you’ve always wanted to be. Not only will Kris Putnam-Walkerly share how to find great organizations and evaluate them, she’ll also give us tips on using tools like donor-advised funds to make a larger impact (and maybe score some tax relief!).
Don’t worry if you like your news a bit on the harder-edged side – today’s show has something for everyone: We’ll ask how does an investor go from almost netting one million dollars to broke in two weeks? During our headlines, we’ll look at how some investors got in over their heads in an attempt to earn huge returns… until the money train came to a screeching halt. In our second piece, we’ll ask whether air travelers should expect airlines to raise fees to keep the middle seat open during the pandemic.
Plus, where are the financial resources for people who DON’T want kids? During the Haven Life Line we’ll answer a question from Maddie, who has become more interested in saving and planning for retirement. A lot of resources she’s found so far have a focus on planning for the expense of children down the road. Maddie asks: what resources can she find for people in her situation?
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- ‘Bankrupt in Just Two Weeks’—Individual Investors Get Burned by Collapse of Complex Securities (WSJ)
- If airlines keep the middle seat empty due to fears of coronavirus transmission, will air travel become more expensive? (MarketWatch)
A big thanks to Kris for giving us a new perspective on giving and donating. You can find more from Kris at her site: Putnam-Consulting.com
Using our link, you can order yourself a copy of Delusional Altruism AND help the show:
- What’s is Wade Bogg’s favorite beer?
Haven Life Line
Need life insurance? You could be insured in 20 minutes or less and build your family’s safety net for the future. Use StackingBenjamins.com/HavenLife to calculate how much you need and apply.
- Maddie is trying to find financial resources to save more the future. A lot of blogs she’s found talks about saving for kids down the road, but she doesn’t plan on having any. Are there good information sources out there that align with her lifestyle?
Want the guys to answer your question? You can call into the Haven Life Line and get your question answered on-air HERE.
Join Us Wednesday
You’ve won the lottery! Next question: do you take the lump-sum or the monthly payouts? Join us Wednesday while we sit down with Brent Henningson, the CEO of Saber Pension and Actuarial Services, to discuss the math behind how pensions and annuity streams work.