• I'm Rich- How do you give back to the society?

  • Dec 28 2024
  • Length: 7 mins
  • Podcast

I'm Rich- How do you give back to the society?

  • Summary

  • In this episode, the hosts discuss philanthropy and the importance of giving back. One host shares a recent conversation with his girlfriend about the necessity of charitable contributions, despite feeling that the year has been tough. He considers himself a giver, contributing both time and money, often influenced by his involvement on various boards and tax planning strategies.


    They explore how philanthropy can also serve as a means to manage tax obligations and reflect on how different wealthy individuals, like Bill Gates and Warren Buffett, approach giving. The conversation delves into the effectiveness of charities, with a critical view on resource management and potential corruption in nonprofit organizations.


    The hosts also consider how personal involvement in charitable activities, such as volunteering with organizations, can provide a more direct impact than simply donating money. They emphasize the need for effective charitable solutions to address various social issues and discuss their own struggles with deciding how much time and money to allocate for giving. The episode ends with an invitation for listeners to share their own giving experiences and thoughts on what constitutes a meaningful contribution.


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