On June 12th, Nancy Doyle was a guest on WBBM Newsradio Noon Business Hour. The topic was discussing money matters before marriage. As with all life transitions, it is essential for couples to be organized and to communicate openly and honestly about their finances. Note – the segment begins at 19:30.
Most Americans are financially unprepared for an emergency. Whatever the type, emergencies can have a profound impact on your finances. There are steps you can take to prepare for the unexpected—whatever that may be. Cameron Huddleston “7 Emergencies That Could Bankrupt You — And How to Plan” www.gobankingrates.com 7 Emergencies That Could Bankrupt You — And How to Plan
Nancy Doyle is quoted in US NEWS For estate planning, evaluate whether or not you or a loved one would benefit from a financial caregiver. There are many considerations, starting with who is the best “key person” to fit your needs. The time is now to have these important discussions. Carlson, Debbie: “Why You Need a Financial Caregiver” US NEWS See link below: US NEWS
Nancy Doyle’s guest column in the Daily Herald Business Ledger Increasingly, individuals are taking a more hands on, engaged approach to philanthropy. Some refer to it as venture philanthropy, due to its similarity to venture capital. Venture philanthropists regard donations as investments. Rather than support general funding for a large charitable organization, venture philanthropists are more likely to become engaged in a specific fundraising initiative that is meaningful to them. At the same time, they expect the organization to achieve results. Doyle, Nancy: “Practicing Venture Philanthropy” Daily Herald Business Ledger See link below: Daily Herald Business Ledger
Be Thoughtful About Giving Back Consider having a family giving policy or charitable mission statement and prioritize the causes you wish to support financially. Evaluate donations the same way that you analyze investments. Look for organizations that use resources efficiently so your donation dollars will have the biggest impact. Analyze the percentage of donations to an organization that are used to cover administrative and fundraising expenses. The percentage of donations spent on administration and fundraising should be available in a charity’s literature. You can visit Charity Navigator at http://www.charitynavigator.org and look up a charity. The Better Business Bureau also rates charities. Keep Track of Donations Keep track of this year’s donations and the acknowledgments, thank you letters, and emails, in a current year tax file, which makes it easier to recall donations at tax time. Note the date, amount, and check number (if you wrote a check) on the…
Nancy Doyle is quoted in US NEWS For people who are interested in a charity, the more transparent organizations are on their websites, the better. Once donors find an organization that aligns with their passion, they need to look at the charity’s financial health, commitment to be accountable and transparent and look to see if the results of the charity’s work brings about the changes they’re hoping to accomplish. Carlson, Debbie: “How to Support Online Charities on Giving Tuesday and All Year Long” US NEWS See link below: US NEWS