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Money Rehab with Nicole Lapin

Charity Comes Back to You on Tax Day. Here's How.

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.61.7K Ratings

🗓️ 19 April 2022

⏱️ 5 minutes

🧾️ Download transcript

Summary

Donating to charity is awesome for three reasons: 1) It helps people. Duh. 2) Helping people has been shown to make you, yourself, happier. 3) It gives you more tax benefits. Nicole explains. See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey guys, are you ready for some money rehab?

0:05.0

Wall Street has been completely upended by an unlikely player. Game stop.

0:09.7

Dean and should I have a 401k because I don't do it?

0:12.5

No, I know.

0:15.3

I don't think the whole world revolves around you and your money.

0:17.6

What if it doesn't?

0:19.8

Charge for wasting our time.

0:23.8

I will take a check.

0:24.9

I don't want to get paid.

0:26.8

You recognize her from entering on CNN, CNBC, and Bloomberg.

0:31.2

The only financial expert you don't need a dictionary to understand.

0:35.5

The cold lapid.

0:37.0

There's tremendous grace in volunteering your most valuable asset, time, even if you don't have money to give.

0:44.0

But when you do have money, that grace gets some gusto with the impact you're able to have.

0:50.2

As Margaret Thatcher famously said,

0:52.2

no one would have remembered the good Samaritan if he'd only had good intentions.

0:57.7

He had money as well.

0:59.5

Okay, Marge, fair enough.

1:02.2

Fair enough.

1:03.0

Donating's to charity is awesome for three reasons.

1:06.8

Number one.

1:09.0

It helps people.

...

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