Photo by Jeff Belmonte ©

By Trent Hamm

Sharon writes in:

How do you manage the balance between saving for the future and for your own personal goals with a desire to give to those less fortunate than you? It feels like they’re going in opposite directions.

To an extent, this is a struggle for virtually everyone in the first world. Everyone reading this lives well into the upper half of the world in terms of standard of living. We constantly spend money on aspects of a standard of living that far outstrips anything in the lifestyle of the poorest people in the world.

This is a philosophical issue I’ve worked on for a long time in my own mind and I’ve come up with a handful of conclusions about it.

First, it’s not really saving your money that runs in opposition to giving.... More...