I think the way I’d phrase advice to someone who’s already excited to get started donating, is some combination of:
a) try to save at least as much as you donate. (As deluks mentioned elsethread, it is totally possible to both donate and save signficantly, so someone who’s already chomping at the bit to donate significantly can probably find the budget for both 10% donations and savings)
b) re total runway time, I think a reasonable plan of action is “get at least 6 months [comfortable] runway, and meanwhile be thinking about your potential longterm plans. A lot of people start out focused on donating but eventually find themselves wishing they had the freedom to start a project, or a join a lower paying job, so at least consider preparing for that sort of possibility.”
*nods*
I think the way I’d phrase advice to someone who’s already excited to get started donating, is some combination of:
a) try to save at least as much as you donate. (As deluks mentioned elsethread, it is totally possible to both donate and save signficantly, so someone who’s already chomping at the bit to donate significantly can probably find the budget for both 10% donations and savings)
b) re total runway time, I think a reasonable plan of action is “get at least 6 months [comfortable] runway, and meanwhile be thinking about your potential longterm plans. A lot of people start out focused on donating but eventually find themselves wishing they had the freedom to start a project, or a join a lower paying job, so at least consider preparing for that sort of possibility.”