Saving By Giving: Donor Advised Fund

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DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing 14 min 4 speakers 2 chapters transcribed 1 month ago
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How do hosts introduce the episode and what housekeeping notes should listeners know?

Allie Howard 0:02
Hey, this is Allie, and thanks for listening to the show. Give us a five-star review where you listen and share this episode with someone who might need to hear it. Now, enjoy the show.
Logan (host) 0:13
Welcome back to another episode of DIY Money.
Allie Howard 0:16
DIY Money. What's shaking, eh, Howard? That was good. It was very deep.
Unknown 0:20
From flesh to steel, from blood to blade, from man to mutant. Well, I'm proud.
Allie Howard 0:26
Thank you for letting me sit back in my chair. We're one man down on our production team today. So we're like starting the recording and then running across the room. And I really thought as soon as I hit record, you were going to kick it and I was going to sprint and do the landing for DIY Money.
Logan (host) 0:40
yeah my money that's what i'd be like out of breath and miserable anyway what's new in your world oh how's the house hunt going house hunt is going it's a process graduation is this weekend oh yes hard to believe so my wife is graduating pa school after two very long years i don't know how medical school people do it like i have no clue how that's even possible two years of pa school was like just terrible but i it's over now so we're done this weekend completely done with pa school finishing up the last little bit and uh she's studying for her board exam that she'll take in like a week and a half and then she's already got a big old job yeah got a job all the things you gotta update the people and you know you'll see on my calendar that i have uh the day of the exam it's like pants aka liberation day like that's that is our liberation day so i i'm excited uh but uh we're getting close so it's it's uh it's gonna be very good that's what's going on you've got a big trip coming up to celebrate i'm
Logan (host) 1:47
Yes, we are going to. So if anybody, any listeners out there have any good recommendations, we've never been. We're just excited to go and explore. We're going to Maine over in September in the fall to celebrate and to enjoy, you know, just traveling around. We're going with two of our best friends. We've never been on a couple's trip before, but it should be a lot of fun. We're excited.
Allie Howard 2:11
And you're doing Acadia?
Logan (host) 2:13
Is that the right one in Maine? Yeah, Acadia National Park that's up there. Let me know how that goes. My wife loves national parks, so it's going to be awesome. Maine is actually the place where donut holes were invented.
Allie Howard 2:23
That's awesome. Well, I'm excited for you to also be freed up. I feel like every night you're like, I've got to go home and make dinner. My wife's studying. She's losing her mind. I'm sweating thinking about it. Bingo. So that's fantastic. Keep us posted on that. A few odds and ends before we get into our question.

What personal updates and listener engagement opportunities do the hosts share?

Allie Howard 2:40
First of all, this episode, all episodes sponsored by Jewel Financial. Check us out on the web, J-O-U-L-E financial dot com. We also have some other sponsors. And so we'll take a quick pause and hear from our other sponsors. Amazing. And last, check us out on socials. We've got Instagram. We've got Facebook, the DIY tribe. If you're interested in talking through or giving us suggestions for what you want to hear on the show, if you hate listening to questions, send us in some ideas for some different, uh, themed what's it called series i could not think of the word thank you um and finally leave us a five-star review where you listen that helps us a lot in getting content out into your all's hands keep your podcast questions coming to podcast at diy money.org and remember if you send in a question for the show and we use it
Allie Howard 3:31
you will get a $25 Amazon gift card. I think that's everything. We're going to be on the TikTok soon, Logan says. So prepare your heart, mind, and soul for that. And now we got a really good question from Kale. Kale, what do you got?
Kale (caller) 3:45
DIY! Hey, DIY money, money, money, money. It's Kale from Minnesota. Thanks for all you do and all your hard work. Keep it up. My question today is, what are your thoughts on using a donor advised fund as a way of creating margin to save towards goals? For context, my wife and I, we just had our second child. And with that, our monthly fixed expenses will be upwards of 80% of our net income monthly.

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