December 20, 2018
As a young person settling into the working world, you may now be in the position to commit to making a philanthropic resolution with your hard-earned money that goes beyond adding a dollar to your purchase at the grocery store, or buying a couple of boxes of chocolate and vanilla cookies (you know the ones).
So, what can dipping one’s toes in the philanthropic pool look like for a GenNext-er?
Making small, automatic, monthly payments takes the pressure off of what might seem like a daunting one-time donation—helping you commit your dollars in a way that offers consistency for both you and the charity of your choice. Joining a GenNext Giving Circle for just $20 a month, which adds up to $240 a year, allows you the freedom of making a small, incremental donations, while engaging in an issue that matters most to you. You have the added bonus of connecting with peers at GenNext events throughout the year while learning more about the issues facing our city.
And guess what? Charitable donations can actually save you money.
Really? Doing taxes is rarely on anyone’s wish list, but charitable donations can make things kind of interesting, in a good way. Desirae Odjick, personal finance blogger at Half Banked—a stress-free money management blog for millennials—makes it easy to understand the ins and outs of the tax game when it comes to charitable giving, and how you can actually make some solid savings come tax time. Really.