Brice Karickhoff is a climber and development economist with a passion for charitable giving. In this episode we discuss the importance of balanced saving and giving, the utility of the donor-advised fund, and broader macroeconomic trends that affect us all.

Topics Discussed with Brice Karickhoff

• Brice’s recent bouldering accomplishments and how he manages to send and maintain a career in Atlanta, GA.
• Brice’s interest in global poverty and the roots of a career as a development economist
• Charitable giving methods used to empower those in poverty
• How to effectively give to organizations that make a difference
• Charitable giving as a response to guilt
• When to give vs when to save
• Donor-advised funds: What are they and how can they enable us to give like a millionaire?
• Discussion on broad and complex macroeconomics trends: minimum wage, wealth inequality, inflation, stock market pessimism, and the housing market.
• So much more!

 

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Show Notes and Links at Clippingchains.com

 

Brice Karickhoff Interview Time Stamps

0:05:46: Desperado (V9/10) at Hospital Boulders, AL and other climber talk

0:13:28: Brice’s background in economics

0:19:22: Why Brice housed homeless individuals with his roommates in college and the important life lessons from this experience

0:24:22: Why Brice focuses on international poverty. U.S. domestic vs global poverty observations

0:28:36: Solutions and tactics for complex and rooted international poverty. The importance of empowering vs simply giving.

0:35:00: Brice’s personal charitable giving philosophy and how we can make sure our dollars are going towards empowering others

0:40:48: Third-party resources for charitable giving accountability

0:48:47: Charitable giving as an emotional response and the pitfalls of giving out of guilt. Finding the right balance between spending, saving, and giving. Thinking of giving as a lifelong ambition.

0:56:03: Donor-advised funds. What are they and how can we use them to give more effectively?

01:07:16: Brice and his wife Talia’s saving and investing strategy

01:16:40: Brice’s change of opinion on minimum wage policy

01:25:25: Are sweatshops progress?

01:27:34: Wealth inequality in the United States: observations

01:35:55: Inflation: musings on causes of high inflation, tools used to curb inflation, and what we’ve seen in past periods of high inflation

01:40:28: Short-term stock market pessimism: should we be investing now?

01:45:12: Navigating the American housing market as a prospective first-time home buyer

01:58:38: Our favorite books