But how many of us actually sit down to do the same kind of analysis when it comes to our charitable giving? “The Giving Portfolio helped me exit a multi-year period of self-worth issues around wealth following the successful growth of my business,” says Marinescu. The idea of building a Giving Portfolio like this is powerful because while many people give money throughout the year, it often lacks purpose. By thinking about your charitable giving similar to the way you treat your investments, you can develop a much more conscious and planned approach to where you want to make an impact. A great time to start building your Giving Portfolio may be the time you begin pulling together all of the contribution receipts you’ll need to prepare for tax time.

Source: Forbes January 26, 2018 17:26 UTC