Charitable Giving for Physicians

<p dir="ltr">Does tithing or charitable giving play a part in your personal finances? Should it? As usual, we’re not shying away from taking a deep dive into a very personal topic. Personal finance is personal, maybe never more so than when it comes to deciding how you want to give back.</p> <p dir="ltr">In tackling this topic, we wanted to acknowledge the two main reasons you may be considering your options for charitable giving, especially as a high-earning physician. </p> <p dir="ltr">One is that you may have religious convictions that make you feel more inclined to give. Even if you don’t hold to the same belief system that we do – specifically around tithing and the historical background of that concept – giving to your community is very valuable. Not just for the recipient, but for you, the giver. </p> <p dir="ltr">This leads us into reason two, which is that giving money (or other valuable resources) and helping others has been shown to increase long-term satisfaction and fulfillment in your life.</p> <p dir="ltr">There’s also a practical side of financial charitable giving to consider, which are the tax advantages you can use to create the most bang for your buck - literally. </p> <p dir="ltr">Looking for physician specific disability insurance → Check out <a href= "https://www.setforlifeinsurance.com">www.setforlifeinsurance.com</a></p> <p dir="ltr">Looking to increase your financial literacy?  Check out Medical Degree Financial University → <a href= "https://www.thephysicianphilosopher.com/MDFU">thephysicianphilosopher.com/MDFU</a></p>