insights.som.yale.edu
2 ideas
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Learn more about moneyandinvestments with this collection
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Most of us believe if we earned a bit more money, we'd have more free money to give. But the wealthier people get, the more expenses they accumulate, meaning there is not that much "spare" income.
The result is that we often pass the buck, thinking that the wealthier people, or our future, richer selves, will have the capacity to give.
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When we think wealthier people should donate more, we are essentially looking at our own lifestyle and comparing it to their income. We think they have abundance even if they don't feel that abundance.
The point is that everybody feels constraint to give. It's about prioritizing and giving according to your own moral standards.
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