How Rich Are You? Friday, Apr 6 2007 

Philanthropy and Wealth Mel 12:21 am

Although this blog is very new, I have been reading a lot about personal finance for awhile now. At times, this subject is horribly boring, at times fascinating, and at times, it can also be very depressing. It seems the more I read on this subject, the more I read about people who have more money than me. I don’t make a lot of money. I don’t save nearly as much as I should. Even though I make an effort to live simply (well it’s not only an effort on my part – like I said I really don’t make too much $$$), I often feel like I am struggling to make ends meet. Sound familiar? Depressed yet?

When I start feeling blue about the daunting reality of my net worth, I don’t feel any better when I plug my numbers into website like NetWorthIQ. (For the record, I do like this website, but ONLY when my new worth is growing!)

I much prefer visiting Global Rich List, where you can find out where you rank financially on a global level. I have to admit, I was very impressed AND very grateful for what I have. While you’re there, be sure to check out the cost comparisons. Here’s my favorite: $73 could buy you a new mobile phone OR a new mobile health clinic to care for AIDS orphans in Uganda.

 

The Gift that Keeps Giving Thursday, Apr 5 2007 

Philanthropy and Shopping Mel 12:26 am

My sister celebrated her 25th birthday a few weeks ago. Although we’re very close – some have even said we share the same brain – I had no idea what to get her. I shopped, and shopped some more and just could not find the perfect gift. Finally I settled on an oh, so sexy top and some swanky necklaces to match. Not the most thoughtful gift ever – or the most practical; the girl already has enough shirts and necklaces. But it looked like something she’d wear and look great in, and she ended up liking it, so I guess my gift was a success, right? Well, yes, but I found out a mutual friend of ours out-did me.

Normally I wouldn’t think twice if someone spent more than me on a gift, or found that hidden gem I couldn’t. It’s the thought that counts, right? Exactly. But that’s just it – our friend did put more thought into this birthday gift. What do you get for the girl who has everything? Make a donation to your favorite charity in the recipient’s name. Genius. That’s what she did – she made a donation to Operation Smile, a volunteer non-profit organization that travels the globe to repair childhood facial deformities.

I cannot wait for the next opportunity to do this. Instead of purchasing the annual gift just for the sake “giving,” I’m going to start researching charitable organizations that fit with the personalities and interests of my friends and family. Imagine the smiles.