849-Friday Q&A: Remote Work, Giving Ad Hoc vs. Systematically, Investing Virtuously, Off-Shore Bank Accounts, Etc.
Radical Personal Finance
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How Do I Balance Ad Hoc Giving Versus Systematic Contributions?
Dr. Phil: How should I balance saving up a giving balance for some future opportunity versus supporting currently known charitable organizations that I want to support regularly? He says if you're using some of your funds to support someone like a missionary, that missionary will greatly appreciate having a sense of stability in his finances. Dr. Phil: Ad hoc gifts can be very powerful because there are many needs that are genuine true needs that are well served with an ad hoc gift rather than ongoing support.
Play episode from 18:28
Transcript
