On Giving, Part 2

Giving Tuesday has come and gone, but that doesn’t have to mean the end of giving to charity. In fact, I hope it doesn’t. Many charities don’t push Giving Tuesday, or set up different fund raising drives. There are many opportunities and ways to give.

I have read a number of posts in the past several years about the benefits of the donor advised fund, and I think they sound pretty nifty. However, I have not yet set up one myself.

But I have set up charitable giving a different way. One that I don’t see written about much in personal finance blogs, but which I think may be a good option for employed physicians. Or anyone who works for a large organization.

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On Giving, Part 1

Thanksgiving has come and gone. I had a great time with family. I hope you did too.

These days, Thanksgiving is followed by Black Friday (I missed out on spending money this year, as I usually do), then Cyber Monday (I might buy things today). All of these special days are geared to part us from our money in the name of consumerism. Or, as the advertisers say, making the holidays special.

Happily, there is also a push towards charitable giving, with Giving Tuesday featured (December 3 this year).

Today I wanted to review some of the blog posts on giving that have affected me most in the past few years.

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Investing Step 1, Bonds

A few weeks ago I started thinking about how to discuss investing with residents, as I have been half-invited to talk with them about financial topics.

I had planned to talk about investing, but realized there were a number of steps a person should go through first before committing money : first, making sure the investor actually has some money they can invest, and then explaining why risking their money in investments beats hiding cash under their mattress.

I have been putting off the discussion of investing–mostly talking about stocks and bonds–because the more I think about them, the more complicated they feel.

Last week I tackled an introduction to stocks, and this week I am attempting to tackle bonds.

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Investing Step 1, Stocks

A few weeks ago I started thinking about how to discuss investing with residents, as I have been half-invited to talk with them about financial topics.

I had planned to talk about investing, but realized there were a number of steps a person should go through first before committing money : first, making sure the investor actually has some money they can invest, and then explaining why risking their money in investments beats hiding cash under their mattress.

I have been putting off the discussion of investing–mostly talking about stocks and bonds–because the more I think about them, the more complicated they feel.

Continue reading “Investing Step 1, Stocks”

Monday Melange

Mondays I usually write about money.

A few weeks ago, I was thinking about how to explain investing to residents, should the invitation to speak to a group about financial matters actually come through. I still have to figure out how I want to present stocks and bonds, but don’t quite have the energy to do that this week. Maybe next week.

Instead, I decided to feature some posts that caught my eye over the past few months. Considering that it is Armistice Day today, an international theme seems to be in order.

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Minding My P’s and Q’s

I’m in the middle of a crazy work period, with long and busy days.

In the meantime, I still have other obligations, some of which won’t wait until I go back to a lighter work schedule.

While people talk about taking care of the big things (housing, cars) and letting the little things work themselves out, I am getting pretty anxious about taking care of business. I have to tackle those little details that cause so much pain when you miss them.

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Investing Step 1/2, Why You Need To Invest

Last week I wrote about steps to complete before investing, as I think about how to talk about investing and personal finance to the residents at my program. I started writing about all the things that really need to happen before a person is in a good place to invest, and it ended up taking a long time and many pixels.

Something similar happened this week. I had planned to cover proper investments in this post, but got caught up in explaining why just saving money isn’t enough. I’ll see if I can get to investing next week.

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