I think about it as 2 mechanisms for income: my effort or my investment’s effort. I’m at the point now where my investments do 100% of the work for earning my income, leaving me 100% of my time to spend how I see fit.
You can give more to effective causes sooner, at the cost of investing more effort for longer to keep the money coming in. Ultimately, how you want to give back, at what stage of life, and how much are all unique, personal choices.
Absolutely, make adjustments based on any personal values or beliefs. I consider this to be like many art forms. You need to learn and know the foundational basics before you can make good judgments on which parts to change or ignore.
I think about it as 2 mechanisms for income: my effort or my investment’s effort. I’m at the point now where my investments do 100% of the work for earning my income, leaving me 100% of my time to spend how I see fit.
You can give more to effective causes sooner, at the cost of investing more effort for longer to keep the money coming in. Ultimately, how you want to give back, at what stage of life, and how much are all unique, personal choices.
Absolutely, make adjustments based on any personal values or beliefs. I consider this to be like many art forms. You need to learn and know the foundational basics before you can make good judgments on which parts to change or ignore.