How I Automated Equity and Dividend Donations to Charity
Disclaimer : This is not financial advice. I am simply showing my method and reasoning for why and how I automated equity and dividend disbursement donations. The following text should be read as a friendly exchange instead of from a trusted Chartered Financial Analyst. Why I Automate Charitable Giving As a college student, money is always tight. Between paying for food, rent, and other necessities, it's hard to make sure that I have enough left over to make charitable donations. As a result, I've been on the lookout of ways to build systems that allow me to put money aside for donations without heavily restricting my cash flow. The best way that I found is donating equity dividends to charity. In this post I will show you my donation strategy that allows me to automatically put aside money for charitable giving while allowing me to grow my portfolio holdings. Financial Tech Services I Use I use SoFi financial as my banking and brokerage partner for the time being. I have con...