Interactive Monday: How Good Is Your Giving?
Hat tip to Jessica for pointing out this cool interactive from MIT which analyzes your giving impulses. Here are the instructions:
After answering these 10 questions, the results indicate where your choices stack up across various continuum: Here's a partial view of the results page:
- After analyzing the results, which preferences do you feel accurate represent your giving habits? Which results do you feel are least accurate when it comes to your giving practice?
- Do you agree that effectiveness should correspond to the number of lives saved? Do you think that everyone has that perspective?
- Why do you think that Famous Charity bias exists?
- Do you find it's easier to give to relatives compared to strangers? Explain.
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About the Author
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
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