So don't read this as financial advice on what to do, I am just telling our story of what we did, and what we struggle with and think about today.
Rear-View Mirror Finance
We also gave money like crazy to charity this year.
I don't want your money. I want you to give me your money when I sell you something you want like awesome golf apparel, you get something you really want like tickets, you get a chance to win something, you get to participate in a road race or a golf outing, or when you really, really want to give me your money. I think day and night about how to fund raise.
You may even get a survey from me about some ideas we've been exploring, and are ready to put into motion...and the survey is funny. There's so much support for local charities, and for local people who come from your community...and we want that type of fund raising. Did you know that I recently read that golf has poured over $2B into charitable giving, and many funds going to local charities? So that's what we're after, fun and effective at saving kids lives. Many things require thousands from us personally to set in motion, and I am pretty certain that if an honorary PhD was ever given out for being the Dr. of Party. I would receive it. If I started party planning then, all of my financial preaching should be thrown out the door because boy can I throw a great party with lots of money. That however doesn't work. I like the idea of venture philanthropy. I like the idea of offering returns on things, and running fund raising like a business. We often also try to figure out if we could save as much as an event may yield but it's really beneficial to gain funds that add and grow to our own contributions. I think we've reached some answers here, and will share more.
Hard Question 4: Do we have everything in order and is there any more we can be doing?
We never stop asking these questions. They'll never have answers. We run through the usual list. Is our life insurance set properly to safeguard our family? Is there any way to build a better emergency fund? You get the gist but we regularly question decisions we've made and sometimes we switch directions or stay the course.