How do you think about opportunity costs when it comes to earning to give? Are there roles at other firms or in the US where you would expect to make substantially more (including downside risks), but pass on those for personal reasons?
Same for roles where you might make less but pass on those for ETG reasons.
I got very lucky that I was born in a city that is objectively one of the best places in the world to do what I do, so reasons to move location are limited.
More generally I don’t feel like I’m doing anything particularly out of the ordinary here compared to a world where I am not donating; I like money, more of it is better than less of it, but there are sometimes costs to getting more money that outweigh the money. Though I would say that as you go up the earnings curve it gets easier and easier to mitigate the personal costs, e.g. by spending money to save time.
Perhaps the biggest risk is that if I set my marginal tax + donation rate too high I am insufficiently incentivised to earn more, to the detriment of both me and the world. Still working on that one.
How do you think about opportunity costs when it comes to earning to give? Are there roles at other firms or in the US where you would expect to make substantially more (including downside risks), but pass on those for personal reasons?
Same for roles where you might make less but pass on those for ETG reasons.
I got very lucky that I was born in a city that is objectively one of the best places in the world to do what I do, so reasons to move location are limited.
More generally I don’t feel like I’m doing anything particularly out of the ordinary here compared to a world where I am not donating; I like money, more of it is better than less of it, but there are sometimes costs to getting more money that outweigh the money. Though I would say that as you go up the earnings curve it gets easier and easier to mitigate the personal costs, e.g. by spending money to save time.
Perhaps the biggest risk is that if I set my marginal tax + donation rate too high I am insufficiently incentivised to earn more, to the detriment of both me and the world. Still working on that one.