Here on the podcast we're always on the lookout for the biggest bang for our buck. Picture this: you, in the grocery store aisle, pondering the cosmic significance of toilet paper prices and whether the fancy stuff is going to be worth it! Or maybe you’re weighing a couple job offers: you're not just negotiating salary, you're out there considering the 401k match, turning job hunting into a strategic sport! We're all about optimizing our lives for maximum value, but are we extending this same strategic approach to the dollars we give to charity? Maybe... or maybe not! That's why we've roped in the philanthropic virtuoso, Elie Hassenfeld, co-founder of GiveWell, a nonprofit committed to finding charities that perform life-saving and life-improving work without breaking the bank. It’s financial optimization meets world-saving wisdom. Listen as we discuss the founding of GiveWell, the ways some charities have fallen short, SBF and his impact on effective altruism, Elie’s rule of thumbs for how much to give, if it’s OK to give locally even if it doesn’t have the biggest impact, and plenty more!
Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances:
- Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.
- Sign up for the weekly HTM newsletter. It’s fun, free, & practical.
- Join a thriving community of fellow money in the HTM Facebook group.
- Find the best credit card for you with our new credit card tool!
- Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.
During this episode we enjoyed a Chonk-ibal by Other Half Brewing- a big thanks to Jason for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!
Best friends out!
See omnystudio.com/listener for privacy information.
How to Money