Why donate your hard earned money?

Ideas on giving money from Maximum Mustache Overcome your fear of having less money. After all, more is always better – you can always benefit from more security, right? (this is actually wrong , but it can be hard to recognize) Figure out who is most deserving of your money. It took so much time to earn the money and overcome the fear of giving – the last thing you want is to see it go to waste. Figure out how to get that money to the worthwhile recipient. You have to find their webpage, mail a check so the credit card company doesn’t steal 3% of your donation, and ask politely that they don’t put you on their mailing list and hound you for the rest of your life. Sort out the tax consequences. In most cases, you can deduct charitable donations on the “itemized” part of your tax return, but until you hit the itemizing threshold of around $10,000 you might not get any benefit. On the other hand, certain charitable exp...