Ring Out The Year Charitably

It’s the busy season for charitable organizations as the end of the year comes close. The end of the calendar year is also the end of the tax year, so 501c3 non-profits hope to close out 2023 strong. Unfortunately, giving trends haven’t been positive for a while. The chart below shows American giving over the last 40 years. While there is some bounce in the … Continue reading Ring Out The Year Charitably

Another Quirky Award

The annual State Fair is a big event here in Minnesota. It is regularly voted the country’s ‘Best State Fair’ and over 2.2 million crowd the fairgrounds on 12 days busy each year. Among the colorful carnival rides, popular grandstand shows, and greasy food-on-a-stick, the fairgrounds have a dozen buildings where Minnesotans compete for ribbons in hundreds of creative, horticultural, and agricultural events. I’ve always … Continue reading Another Quirky Award

Who Do You Spend Your Time With?

I recently ran across this interesting chart that shows how much time people spend with others at different points of their lives. Alone time and time with your partner, children, family, coworkers, and friends. It’s apparently from an annual ‘Time Use Study’ by the Bureau of Labor Statistics. At first glance, I was a little depressed to see the ebb & flow of the lines … Continue reading Who Do You Spend Your Time With?

Positive Habits That Lead To Happiness

There are a lot of ‘checklists’ published on retirement, but I thought this one was worth a read: The Atlantic espouses ‘7 Things That Lead To Happiness in Old Age’. The advice is pretty straightforward. Nothing a kindergartener wouldn’t understand. Don’t smoke, don’t drink, maintain a healthy weight, exercise frequently, manage your stress, keep learning, and cultivate positive relationships. It’s amazing we have to be … Continue reading Positive Habits That Lead To Happiness

Fertilize The Family Tree?

The personal finance radio host Dave Ramsey often talks about creating ‘generational wealth’ as the final step in his Total Money Makeover. He encourages people to think about how they can fundamentally “change their family tree” by building an uber portfolio that allows them to pass money on to their kids and even grandkids. I like to listen to Dave Ramsey and think he generally … Continue reading Fertilize The Family Tree?

Holiday Charitable Giving – Where To Focus?

The holidays are the giving season for charitable organizations, and if you are like us, your mailbox is overflowing with requests. We split up our charitable giving among causes that are close to us and ones that do good in the world at large. One of the challenges we have is weighing the relative impact our dollars can have on causes that are distant and … Continue reading Holiday Charitable Giving – Where To Focus?