What is Philanthropic Giving?
How do you start giving back? Am I in the right spot to start? Will I need a financial planner to help? Lots of questions surface when thinking about giving back financially. Here at AO Wealth Advisory, we want to help you manage your investments and find the best ways to work through the process! Let’s take a look at the steps.
Deciding on a Goal to Donate to Charity
When it comes to Philanthropic Planning, one of the first steps is deciding on your goal. What amount are you comfortable giving at, and how much does that look like to you in your finances? It is beneficial to have a certain amount saved in things like emergency funds or other savings of choice! The process will look different for everyone!
No matter the goal, we work with you to achieve it!
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What Do You Want to Give Philanthropically?
Once you feel that you are in a confident and comfortable place financially to give, the next step is deciding how much you can give. Giving is something that looks different for everyone, no matter how much you are able to give!
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Research Your Charitable Donation
The final step in your philanthropic planning is to research where you think you might want to give. Giving is an amazing and rewarding experience, and you want to ensure that your donation is going to an organization or spot that is what you expected!
Your donation will make a difference in the lives of those in the community or those who are impacted by the charitable work of your chosen organization. It is important that you know and understand the places you are donating to!
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We want to help you give from a place of joy to your family, charities, and community.
Giving is good for the soul. We are here to help you find creative ways to give that are good for both the receiving person/charity and your tax return.
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With AO Wealth, we want to make sure you have someone who can help you help yourself to stay accountable and consistent. Our online portal allows you to see your goal in progress and where your finances are in your personal stage. Money and spending can sometimes feel like it's hard to visualize and manage, so this is a great tool to let you remember your goals, where you started, and where you are headed.
Advisory services offered through A.O. Wealth Advisory, LLC, a registered investment adviser.