“Make sure your charitable dollars count for you. The reward is pretty big because there’s nothing better than feeling good about helping.”
often you want to donate after discussing it with your family. That means establishing a budget rather than donating haphazardly. “The importance of the budget is to determine what causes are important to you and what increment means can make an impact, and it varies because every dollar counts,” Palay says. “In some cases, it’s not how much you give, it’s how you give. As your income or affluence grows, the opportunities to give become greater. But the result is, a dollar to charity is a dollar to charity. continued on page 8
— Murray Palay, executive chairman and portfolio manager, Quadrant Private Weath.
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