Radical Personal Finance 1038-Financial Goals You Should Set: (3) Give Away 10% From the Very Beginning
Jul 17, 2024
Explore the significance of setting financial goals like obtaining a job, saving half of income, and consistently giving 10%. Learn how starting small with charitable giving can lead to large-scale philanthropy. Discover the transformative power of consistent giving and delayed gratification for personal growth and financial success.
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Start Giving 10% Immediately
- Give away 10% of your income consistently from the very beginning of earning.
- Automate or set aside this 10% off the top so giving becomes habitual and not ad hoc.
Start Small To Scale Your Giving
- Small early gifts build the habit and character needed to give effectively at scale later.
- If you won't give $10 from $100, you likely won't comfortably give $10M from $100M later.
Tithing Builds Self-Control
- Regular tithing trains delay of gratification and strengthens character across life domains.
- That self-control transfers to work, relationships, and long-term wealth-building capacity.