WealthBeing

Ep. 22 – Earning More by Giving Back - Your Guide to Philanthropy


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Philanthropy may be a ten-dollar word, but you can start giving back with even less!This week, Derrick, Travis, and our guest expert Chris Waddell, discuss how anyone, with any budget, can provide financial support and help other people thrive.Listen for theirpersonal giving strategies and the advice they offer Island Savings members to make philanthropy part of a financial plan. 

1:30–Money Problem:Travis’ client dreamt of supporting three different charitable causes, but wasn’t sure how – or if – he could pull them all off. 

 

5:20– Expert Examination:A financial strategy that’s simply good for your heart and easy on your pocketbook.Travis, Derrick and Chris make it easy to be a philanthropist:  

  • What it means to be philanthropic. 
  • How to know which organizations to support. 
  • How Island Savings makes it simple for members to help communities. 
  • Ways to fit charitable giving into any budget – Travis’ “Three P’s” 
  • The tricks of giving “in-kind.” 
  • Donating with every point-of-sale purchase: Big Change 
  • Win-win tax strategies when you give back. 
  • How to create a bursary program. 
  • Economic philanthropy: “Get a Meal, Give a Meal.” 

 

22:30–Weekly Financial Fix:Travis has a suggestion to trade your regular summer spending for somethingthat will make even bigger memories. 

 

If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrickyour question at islandsavings.ca/wealthbeing, or at [email protected], and we will consider it for a future episode. 

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WealthBeingBy Island Savings - Valley First - Envision Financial - Enderby & District Financial | Divisions of First West Credit Union