Fun Buckets & Donor-Advised Funds | Episode 019

Episode 19 July 03, 2024 00:40:49
Fun Buckets & Donor-Advised Funds | Episode 019
Mark's Money Mind
Fun Buckets & Donor-Advised Funds | Episode 019

Jul 03 2024 | 00:40:49

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Show Notes

In this episode Mark introduces the concept of the 'Fun Bucket' as a tool to facilitate guilt-free spending to overcome the psychological challenges of shifting from a saver mindset after reaching Financial Independence. 

Additionally, he discusses the utility of Donor-Advised Funds for charitable giving, explaining how they can maximize tax benefits and make charitable contributions easier and more fulfilling. He compares the features of donor-advised funds from Fidelity, Charles Schwab, and Vanguard, highlighting considerations for choosing the right fund. 

If you would like your question answered on the show, please send an email to [email protected] and put “podcast question” in the subject line.

Episode Links:

Early Retirement Now - Safe Withdrawal Rate Series

Mindy on Money podcast

Die with Zero by Bill Perkins

The Fun Bucket - Overcoming the Frugality Mindset

Fidelity Charitable

Schwab Charitable

Vanguard Charitable

Bigger Pockets Money - FIRE by 50

Timestamps:

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