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Reply to "Tithing, Charity More than 10% of your AGI or combined incomes?"
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[quote=Anonymous]Do you and your spouse donate more than 10% of your combined total income to your church or temple? Comes out to about 9% AGI (GI around $130k) And, do you also donate to charities? Yes, but about $1-2k yearly. How has this impacted both of you in the spiritual, emotional and financial senses? We tithe because the church is an important component of our faith. I think it shows recognition that everything we have is ultimately from God and that we can trust Him to provide what we need. It's been a discipline since I started earning money. Sometimes I wish we earned more/could afford a bigger place, etc. but I'm reminded that I have enough and to to be glad I can be generous. How are your retirement and educational expenses for your children faring? These are doing ok; retirement is not maxed out but trying to save more. How often do you vacation? Visit long-distance family, long weekend vacations, big vacation (international) maybe every three years What’s your rainy day fund like? Have 6 months salary Age: Mid-forties[/quote]
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