Another important consideration in favor of giving now—if you earn a steady income—is that your donations this year only represent a small % of your lifetime giving.
In fact, if you think the giving-now arguments strongly outweigh giving-later but you expect to earn most of your income in the future, then it might make sense to borrow money to donate and repay the loans out of future income. But that’s difficult in practice.
Another important consideration in favor of giving now—if you earn a steady income—is that your donations this year only represent a small % of your lifetime giving.
In fact, if you think the giving-now arguments strongly outweigh giving-later but you expect to earn most of your income in the future, then it might make sense to borrow money to donate and repay the loans out of future income. But that’s difficult in practice.