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Money Minute
Quick Tips
Giving Back
Money Minute
It’s wonderful to be charitable, but you want to be smart about it as well.

America is known worldwide for having a big heart and giving to charity, and requests for charitable giving seem to be everywhere. As with any financial decision, it helps to have a plan. Here are some things to consider before you give:

  • Decide how much you’re able to give. Look at your budget and be sure your generosity doesn’t cause you to fall behind on your own obligations, or add to your credit card balance.

  • Consider giving to just one or a few select organizations. This way, your dollars are more concentrated and can have a bigger impact.

  • Contribute directly to your charity when possible. Most organizations allow you to donate on their websites, and while you’re there, be sure to confirm that the organization is a qualified charity with tax-exempt, nonprofit status. This way, you’ll have the potential of taking a tax deduction for your donation.

It’s wonderful to be charitable, but you want to be smart about it as well.

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Past performance does not guarantee future results. © Ariel Investments, LLC. This website and all of its content is for informational and educational purposes only and should not be considered to be investment advice or a recommendation to buy or sell any particular security. The mutual funds offered by Ariel Investment Trust are distributed by Ariel Distributors, LLC, a wholly-owned subsidiary of Ariel Investments, LLC. Use of this website is subject to our Terms & Conditions. The Ariel mutual funds referred to in this site may be offered only to persons in the United States. This web site should not be considered a solicitation or offering of any investment products, funds or services to ineligible investors, investors for whom such products, funds or services are not suitable, or investors outside the United States.

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