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Reply to "Tithing, Charity More than 10% of your AGI or combined incomes?"
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[quote=Anonymous][quote=Anonymous]We aim for 10% on the nose, but we do net income, not gross. So, 10% of our take home pay. And even then we are often falling short these days between childcare and a fairly new mortgage - we're at more like 8% right now. I think it's actually really good - it's so easy to be constantly thinking about more, more, how you don't have enough to make ends meet and the truth is - everyone feels that way, even people who make a million dollars. Your wants will always exceed your means, and they will feel reasonable and borderline like needs. Having a charity line item helps focus on gratitude for what you have, that others do not. [/quote] this is how i do it as well. its 10% of my "spending" income, after I've contributed to my TSP, my son's 529, FSA, etc. I give to my church and then I also give to charities that I care about. I liked someone's comment that volunteering also counted as tithing. I hadnt thought of it that way previously. Its amazing how it does come back to you. The peace you do obtain from it. "to whom much is given, much is required" [/quote]
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