Personal Finance Traditions: Charitable Giving

This time of year, traditions become important. And one of the biggest personal finance traditions is charitable giving. As you probably know, if you do it right, charitable giving can offer you tax advantages. (Don’t forget that this is the first year that new charitable giving tax deduction rules go into effect.)
But charitable giving should just be about the tax deductions. Interestingly enough, many personal finance gurus, including some that aren’t particularly religious, have personal finance traditions of giving.
Why?
Because for some reason, giving helps the giver as well as the receiver. I’ve noticed this in my own life. Growing up, …read more