Why donate 1% immediately? There’s huge risk of value drift—that when you get old, you will spend the money rather than donating it. By donating some amount every year, you make charity a big part of your life, and this increases the odds that you’ll donate later.
I don’t care for this argument when I see it. Waiting to donate gives you option value. The opposite is also true—if you give now and your older self’s values drift and you look back and regret giving so much to EA causes early in life, isn’t that also bad?
I don’t care for this argument when I see it. Waiting to donate gives you option value. The opposite is also true—if you give now and your older self’s values drift and you look back and regret giving so much to EA causes early in life, isn’t that also bad?