Years ago I decided I wanted to donate at least 0.7% of my income towards charity.
Over the weekend I was doing my tax, and calculated it: for 2015-16 it’s 1.32%. Cool.
About half the annual total is Oxfam. Other regulars include Greenpeace, The Salvos (though I mean to check their latest position on homosexuality, as for a while there it was looking pretty medieval), Amnesty. The regulars, of course, have been set up as direct debits – though note I refuse to deal with chuggers.
The rest is ad hoc stuff like sponsoring friends for charity events, Royal Children’s Hospital (Good Friday), Public Transport Not Traffic etc.
Meanwhile in the high finance stakes, I’m being urged by some family members to refinance my home loan and get an investment property.
Refinancing is easy thanks to a friendly local mortgage broker. But investment property? It all seems very adult… and time consuming, though probably worthwhile. Do I really want to contribute to the stupidly high appreciation of home prices?