How much should I give? It’s a tough question. What can I afford? What should I sacrifice? There isn’t a single answer, but there are some strategies for making the decision. Here are five approaches:
1. Give what other people think you should
Ideas42, a firm that uses insights from the behavioral sciences to address complex social problems, surveyed 500 people about the average household in their neighborhood. They asked, “What percent of their total income do you think they should give to charity this year?” The average answer: 6 percent of yearly income.
They found some other interesting ...
Categories: Effective Giving