Property News · December 4, 2017

Millennials donating 10% of their pay to save the world


Young high-earners can help the underprivileged with a clear conscienceWITH a six-figure salary from a London private equity firm, it could be expected that Grayden Reece-Smith would be living it up on eye-wateringly expensive holidays or driving a suitably flash sports car around south London, where he lives. Instead, the 28-year-old lives a very different existence to his peers and gives away everything he earns over £42,000 – a figure he calculated he could comfortably live on.Over the past five years, Reece-Smith has handed over more than £250,000 to organisations such as International Care Ministries, which helps poverty stricken families in the Philippines, and the Against Malaria Foundation. He is part of a growing number of young professionals described as “effective altruists” who claim to use evidence and analysis to accomplish good. Continue reading…

Source : theguardian.com
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