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	<title>Business &#38; MoneyCategory: Giving &#124; Business &#38; Money &#124; TIME.com</title>
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		<title>Business &#38; MoneyCategory: Giving &#124; Business &#38; Money &#124; TIME.com</title>
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		<title>New Age Philanthropy: Donor-Advised Funds Defy Sluggish Giving Trends</title>
		<link>http://business.time.com/2013/06/14/new-age-philanthropy-donor-advised-funds-defy-sluggish-giving-trends/</link>
		<comments>http://business.time.com/2013/06/14/new-age-philanthropy-donor-advised-funds-defy-sluggish-giving-trends/#comments</comments>
		<pubDate>Fri, 14 Jun 2013 14:00:16 +0000</pubDate>
		<dc:creator>Dan Kadlec</dc:creator>
				<category><![CDATA[Decision Making]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Giving]]></category>
		<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[Planning]]></category>
		<category><![CDATA[The Economy]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=81715</guid>
		<description><![CDATA[Charitable giving has a new look, one that is broadening the giving pool and helping keep the dollars rolling into nonprofits even during tough economic times, according to a new report. The reason for this change are so-called donor-advised funds, which are the fasting growing charitable giving vehicle in the country. Some 175,000 of these giving accounts now hold $37 billion in assets, up 34% in since 2009. That growth has defied general sluggishness in charitable giving since the financial crisis. The number of gifts from these funds has grown every single year and tripled in all over the past decade, reports Fidelity Charitable, the largest donor-advised program in the nation. Donor-advised funds have been around for many years but most often have been used by the wealthy. In recent years Fidelity, Schwab, Vanguard and other fund companies have turned them into a mainstream product. The minimum to open an account is as little as $5,000. Here’s how the funds works: You make an irrevocable tax-deductible contribution to a donor-advised fund, where you choose an investment option like an S&#38;P500 index fund. The money  grows tax-free. And whenever you like, you direct grants from the fund to an eligible charity. These accounts are especially effective for gifting stock or other appreciated assets because they may allow donors to avoid capital gains tax on shares or other assets that have risen in value—with the tax savings going to the charity. At Fidelity, the number of grants per account has risen steadily—to an average of seven grants per year. The average grant is $3,800. Donors in the Fidelity program supported 77,000 nonprofits with grants totaling $1.6 billion in 2012. Just one in five using a donor-advised fund exhaust their account balance each year through a “giving while living” strategy, Fidelity found. But the vast majority of account holders gives something almost every year and increasingly uses the accounts to schedule a regular contribution to a favorite charity. Regular giving greatly helps a charity’s planning. In 2012, scheduled grants from donor-advised funds accounted for<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=81715&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Giving</primary_category><primary_category_link>http://business.time.com/category/personal-finance-2/economics-policy/giving/</primary_category_link>
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			<media:title type="html">dankadlec</media:title>
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		<title>Latest Beer Gimmicks: Boy Bands, Star Trek, Baseball Bat Flavor</title>
		<link>http://business.time.com/2013/06/01/latest-beer-gimmicks-boy-bands-star-trek-baseball-bat-flavor/</link>
		<comments>http://business.time.com/2013/06/01/latest-beer-gimmicks-boy-bands-star-trek-baseball-bat-flavor/#comments</comments>
		<pubDate>Sat, 01 Jun 2013 14:00:02 +0000</pubDate>
		<dc:creator>Brad Tuttle</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Companies & Industries]]></category>
		<category><![CDATA[Food and Beverage Industry]]></category>
		<category><![CDATA[Giving]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Saving & Spending]]></category>
		<category><![CDATA[Smart Spending]]></category>
		<category><![CDATA[alcohol]]></category>
		<category><![CDATA[American flag]]></category>
		<category><![CDATA[Anheuser-Busch]]></category>
		<category><![CDATA[Anheuser-Busch InBev]]></category>
		<category><![CDATA[beer]]></category>
		<category><![CDATA[boy bands]]></category>
		<category><![CDATA[Bud Light]]></category>
		<category><![CDATA[Bud Light Lime]]></category>
		<category><![CDATA[Bud Light Lime Straw-Ber-Rita]]></category>
		<category><![CDATA[Budweiser]]></category>
		<category><![CDATA[charity]]></category>
		<category><![CDATA[cider]]></category>
		<category><![CDATA[craft beer]]></category>
		<category><![CDATA[Game of Thrones]]></category>
		<category><![CDATA[Hanson]]></category>
		<category><![CDATA[Homefront IPA]]></category>
		<category><![CDATA[IPA]]></category>
		<category><![CDATA[Iron Maiden]]></category>
		<category><![CDATA[Just Beer Project]]></category>
		<category><![CDATA[Louisville Slugger]]></category>
		<category><![CDATA[Magic Hat]]></category>
		<category><![CDATA[music]]></category>
		<category><![CDATA[shandy]]></category>
		<category><![CDATA[Shock Top]]></category>
		<category><![CDATA[Star Trek]]></category>
		<category><![CDATA[Straw-Ber-Rita]]></category>
		<category><![CDATA[Vulcan Ale]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=81063</guid>
		<description><![CDATA[What will marketers think of next to entice you into picking their beer out from the staggering number of beverage options available this summer? You might be surprised. Here are a few of the odd and innovative new ways brewers are trying to attract the interest (and thirst) of beer drinkers: Americana This summer, Budweiser is being sold in limited edition &#8220;patriotic packaging,&#8221; with the red, white and blue of the American flag featured prominently on cans and bottles—and with a portion of sales benefiting the families of soldiers killed or disabled in service. A group of craft brewers is also involved in a charity benefitting the families of American service members. Through the Hops for Heroes project, nine small breweries are selling a beer called Homefront IPA through the summer. Sales help Operation Homefront, a nonprofit that provides emergency aid to soldiers and their families. All of which is terrific. But part of Homefront IPA&#8217;s recipe is basically a gimmick that attempts to give the brew a connection to America&#8217;s pastime. Chris Ray, a former pitcher for the Seattle Mariners, teamed up with the Fremont Brewing Company two years ago to create the first Homefront IPA, a hoppy ale that&#8217;s aged in unfinished maple Louisville Slugger bats for three weeks. (MORE: After PBR: Will the Next Great Hipster Beer Please Stand Up?) What do the bats add to the beer&#8217;s taste? Not much of anything, Ray told ESPN: &#8220;I&#8217;m not sure if it adds a ton of flavor, but it ties it into baseball and gives it a unique twist,&#8221; Ray said. &#8220;It might add a little bit of flavor, but maple is a hard wood &#8212; that&#8217;s why they use it for bats &#8212; so there&#8217;s not a whole lot of absorbing going on. There are a lot of beers that age on oak chips and toasted oak chips, so we just thought if it added a little flavor, great. If not, it&#8217;s a nice story.&#8221; Presumably, the story didn&#8217;t hurt in getting Louisville Slugger on board as<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=81063&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Food and Beverage Industry</primary_category><primary_category_link>http://business.time.com/category/companies-industries/food-and-beverage-industry/</primary_category_link>
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			<media:title type="html">bradtuttle</media:title>
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	</item>
		<item>
		<title>The Consumer Psychology Behind Warby Parker&#8217;s $95 Pricing for Eyeglasses</title>
		<link>http://business.time.com/2013/05/23/the-consumer-psychology-behind-warby-parkers-95-pricing-for-eyeglasses/</link>
		<comments>http://business.time.com/2013/05/23/the-consumer-psychology-behind-warby-parkers-95-pricing-for-eyeglasses/#comments</comments>
		<pubDate>Thu, 23 May 2013 14:00:22 +0000</pubDate>
		<dc:creator>Knowledge@Wharton</dc:creator>
				<category><![CDATA[Companies & Industries]]></category>
		<category><![CDATA[E-commerce]]></category>
		<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Giving]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Saving]]></category>
		<category><![CDATA[Saving & Spending]]></category>
		<category><![CDATA[Smart Spending]]></category>
		<category><![CDATA[Start-Ups]]></category>
		<category><![CDATA[charity]]></category>
		<category><![CDATA[eyeglasses]]></category>
		<category><![CDATA[online shopping]]></category>
		<category><![CDATA[pricing]]></category>
		<category><![CDATA[pricing strategies]]></category>
		<category><![CDATA[Walmart]]></category>
		<category><![CDATA[Warby Parker]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=80617</guid>
		<description><![CDATA[<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=80617&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>E-commerce</primary_category><primary_category_link>http://business.time.com/category/companies-industries/e-commerce-companies-industries/</primary_category_link>
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			<media:title type="html">TIME.com</media:title>
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			<media:title type="html">K@W_125x50</media:title>
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		<title>$1.50-Per-Day Challenge: How Chefs, Celebs and TV Anchors Are Getting By</title>
		<link>http://business.time.com/2013/05/02/1-50-per-day-challenge-how-chefs-celebs-and-tv-anchors-are-getting-by/</link>
		<comments>http://business.time.com/2013/05/02/1-50-per-day-challenge-how-chefs-celebs-and-tv-anchors-are-getting-by/#comments</comments>
		<pubDate>Thu, 02 May 2013 13:00:28 +0000</pubDate>
		<dc:creator>Brad Tuttle</dc:creator>
				<category><![CDATA[Budgeting]]></category>
		<category><![CDATA[Emerging Markets]]></category>
		<category><![CDATA[Food and Beverage Industry]]></category>
		<category><![CDATA[Giving]]></category>
		<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[Saving]]></category>
		<category><![CDATA[Saving & Spending]]></category>
		<category><![CDATA[Smart Spending]]></category>
		<category><![CDATA[beans]]></category>
		<category><![CDATA[Ben Affleck]]></category>
		<category><![CDATA[celebrities]]></category>
		<category><![CDATA[Chefs]]></category>
		<category><![CDATA[food budgeting]]></category>
		<category><![CDATA[groceries]]></category>
		<category><![CDATA[Josh Groban]]></category>
		<category><![CDATA[Live Below the Line]]></category>
		<category><![CDATA[potatoes]]></category>
		<category><![CDATA[poverty]]></category>
		<category><![CDATA[Ramen]]></category>
		<category><![CDATA[recipes]]></category>
		<category><![CDATA[rice]]></category>
		<category><![CDATA[Sophia Bush]]></category>
		<category><![CDATA[Tom Hiddleston]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=79058</guid>
		<description><![CDATA[Actors, singers and political figures are among the thousands of people living on food budgets of $1.50 per day during this week&#8217;s Live Below the Line challenge, a five-day campaign to raise money and awareness for global poverty. How is everybody coping? The World Bank estimates that 1.4 billion people on earth live below the extreme global poverty level — the equivalent of $1.50 per day in the U.S. Accordingly, as many as 20,000 people have volunteered to get by on $1.50-per-day food budgets this week during the challenge, which ends on May 3. Last week, the campaign received a major boost of attention when Ben Affleck announced his participation. It turns out, however, that the A-list actor-director is only taking on a minichallenge. According to the Los Angeles Times, Affleck originally neglected to mention that he was only participating in the challenge for a single day — not the full five days stipulated in the program guidelines. Maybe that explains why Affleck isn&#8217;t listed anywhere on the Live Below the Line fundraising leaderboard. (MORE: Chelsea Clinton on &#8216;Four Myths About Millennials&#8217;) Hunter Biden, son of Vice President Joe Biden, and singer Josh Groban occupy the second and third spots, respectively, among top fundraisers. At the very top of the list is Sydney Pedersen. There&#8217;s a reason you&#8217;ve probably never heard the name: she&#8217;s just a regular 15-year-old high school student from Utah who recruited friends and family to join her in the challenge. Her dining choices for the week include dry toast, crackers and baked potatoes. How did the teenager get off to such a great start raising money for the cause? &#8220;One Friday I just sat down and called people for five hours — all the contacts in my mom’s cellphone,&#8221; Pedersen explained to the Salt Lake Tribune. While the official Live Below the Line week is taking place right now, actor Tom Hiddleston (Loki in The Avengers) Tweeted about his experiences living on omelets, beans, rice and vegetables during his own five-day challenge in early April. Many<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=79058&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2013/05/02/1-50-per-day-challenge-how-chefs-celebs-and-tv-anchors-are-getting-by/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	<primary_category>Giving</primary_category><primary_category_link>http://business.time.com/category/personal-finance-2/economics-policy/giving/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2013/05/485affleck1.jpg?w=240</featured_image>
		<media:thumbnail url="http://timebusinessblog.files.wordpress.com/2013/05/485affleck1.jpg?w=240" />
		<media:content url="http://timebusinessblog.files.wordpress.com/2013/05/485affleck1.jpg?w=240" medium="image">
			<media:title type="html">Ben Affleck</media:title>
		</media:content>

		<media:content url="http://0.gravatar.com/avatar/f8de938518e7b986d552694ed99aa54d?s=96&#38;d=http%3A%2F%2F0.gravatar.com%2Favatar%2Fad516503a11cd5ca435acc9bb6523536%3Fs%3D96&#38;r=G" medium="image">
			<media:title type="html">bradtuttle</media:title>
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		<title>Ben Affleck to &#8216;Live Below the Line&#8217; with Food Budget of $1.50 per Day</title>
		<link>http://business.time.com/2013/04/23/ben-affleck-to-live-below-the-line-with-food-budget-of-1-50-per-day/</link>
		<comments>http://business.time.com/2013/04/23/ben-affleck-to-live-below-the-line-with-food-budget-of-1-50-per-day/#comments</comments>
		<pubDate>Tue, 23 Apr 2013 17:16:34 +0000</pubDate>
		<dc:creator>Brad Tuttle</dc:creator>
				<category><![CDATA[Budgeting]]></category>
		<category><![CDATA[Companies & Industries]]></category>
		<category><![CDATA[Food and Beverage Industry]]></category>
		<category><![CDATA[Giving]]></category>
		<category><![CDATA[Odd Spending]]></category>
		<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[Saving]]></category>
		<category><![CDATA[Saving & Spending]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=78339</guid>
		<description><![CDATA[Oscar winner Ben Affleck&#8217;s next project is a challenge aimed at raising money and awareness for global poverty. Next week, the star of &#8220;Argo&#8221; and &#8220;Good Will Hunting&#8221; is joining thousands of others around the world by living on $1.50 a day. Live Below the Line bills itself as &#8220;a campaign that&#8217;s challenging the way people in the U.S. think about poverty &#8212; and making a huge difference.&#8221; The group&#8217;s Facebook page recently announced that Ben Affleck would be participating in this year&#8217;s Live Below the Line challenge, which requires participants to feed themselves on no more than $1.50 per day for five days next week, from April 29 to May 3. The purpose of the challenge is to open eyes up to the reality that 1.4 billion of our fellow human beings on earth live below the extreme poverty line, currently estimated by the World Bank to be the equivalent of roughly $1.50 per day in the U.S. Last year, more than 15,000 people participated in the challenge, raising over $3 million in the process. More than 20,000 people are expected to participate this year, and Affleck is not the only celebrity on board. (MORE: What&#8217;s Behind Newark Mayor Cory Booker&#8217;s Food Stamp Challenge?) A couple of weeks ago, it was announced that this year&#8217;s participants would include singer Josh Groban, actress Sophia Bush, and celebrity chefs Debi Mazar and Gabriele Corcos. This won&#8217;t be the first time Groban takes on the challenge. “Taking on this challenge last year was such a humbling experience for me, and I was so proud and heartened by my fans that joined me,&#8221; Groban said in a released statement. He even wrote a song inspired by the challenge for his new album. &#8220;I wanted to capture this in Below the Line, which was inspired by this experience. It’s amazing how much we take for granted not having to live in hunger, and I am honored to have been asked to help spread the word about this eye-opening campaign again this year.” Now, Affleck,<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=78339&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Giving</primary_category><primary_category_link>http://business.time.com/category/personal-finance-2/economics-policy/giving/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2013/04/162784769.jpg?w=240</featured_image>
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			<media:title type="html">From left: Ben Affleck and George Clooney at the 85th Annual Academy Awards in Hollywood, Calif., on February 24, 2013.</media:title>
		</media:content>

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			<media:title type="html">bradtuttle</media:title>
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		<title>2013 Boston Marathon Paraphernalia Already Up for Sale on eBay</title>
		<link>http://business.time.com/2013/04/18/2013-boston-marathon-paraphernalia-already-up-for-sale-on-ebay/</link>
		<comments>http://business.time.com/2013/04/18/2013-boston-marathon-paraphernalia-already-up-for-sale-on-ebay/#comments</comments>
		<pubDate>Thu, 18 Apr 2013 15:43:49 +0000</pubDate>
		<dc:creator>Brad Tuttle</dc:creator>
				<category><![CDATA[Companies & Industries]]></category>
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		<category><![CDATA[Boston]]></category>
		<category><![CDATA[Boston Marathon]]></category>
		<category><![CDATA[charity]]></category>
		<category><![CDATA[eBay]]></category>
		<category><![CDATA[online auctions]]></category>
		<category><![CDATA[terrorism]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=78039</guid>
		<description><![CDATA[You just knew this would happen. In the days after Monday&#8217;s tragedy at the Boston Marathon, all sorts of marathon-related medals, jackets, keychains, bottle openers, and other gear has shown up for sale on eBay. The Boston Globe reported that as of Wednesday afternoon, there were five active auctions for 2013 Boston Marathon medals at eBay, with bids ranging from $114 to $306. More medals have since surfaced on the site. At least one has already sold for $400, and several others have been bid up over $350. Dan Ashworth, the president of the company that manufactures the medals, told the Globe that he&#8217;s &#8220;disgusted&#8221; with the auctions, especially because the medals being sold may have been stolen in the chaotic aftermath of Monday&#8217;s tragic bombings. “It’s just disgusting,” he said. “Everyone was evacuated so the medals were probably just left there for anyone to take.” It&#8217;s hard to tell if items being sold online are, in fact, stolen property. It&#8217;s also difficult to verify the claims of some—but not all—sellers, who state in their listings that at least a portion of the proceeds will go to worthwhile charities, such as One Fund Boston. (MORE: Boston Marathon Bombings: How to Help &#8212; and Avoid Scams) What does seem apparent is that after the attack, interest in Boston Marathon-related merchandise has soared. A recent search on eBay for &#8220;New York Marathon&#8221; and &#8220;New York City Marathon&#8221; returned 57 and 77 results, respectively. A search for &#8220;Boston Marathon,&#8221; on the other hand, turned up nearly 1,500 items. Keychains, jackets, T-shirts, medals, bracelets, collector pins, posters, and more from the marathon this year and in previous years have all been posted this week for auction or at &#8220;Buy It Now&#8221; prices. Many of the items make no mention of charities in their listings. One of the more curious items popping up in a few eBay auctions is a Samuel Adams 26.2 Boston Brew bottle opener. Samuel Adams has offered the special brew, created in honor of the marathon, for several weeks now exclusively<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=78039&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Giving</primary_category><primary_category_link>http://business.time.com/category/personal-finance-2/economics-policy/giving/</primary_category_link>
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			<media:title type="html">bradtuttle</media:title>
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		<item>
		<title>Boston Marathon Bombings: How to Send Help (and Avoid Scams)</title>
		<link>http://business.time.com/2013/04/17/boston-marathon-bombings-how-to-help-and-avoid-scams/</link>
		<comments>http://business.time.com/2013/04/17/boston-marathon-bombings-how-to-help-and-avoid-scams/#comments</comments>
		<pubDate>Wed, 17 Apr 2013 18:57:52 +0000</pubDate>
		<dc:creator>Martha C. White</dc:creator>
				<category><![CDATA[Giving]]></category>
		<category><![CDATA[Saving & Spending]]></category>
		<category><![CDATA[Smart Spending]]></category>
		<category><![CDATA[Boston]]></category>
		<category><![CDATA[Charitable Giving]]></category>
		<category><![CDATA[charity]]></category>
		<category><![CDATA[Marathon]]></category>
		<category><![CDATA[marathons]]></category>
		<category><![CDATA[New England Patriots]]></category>
		<category><![CDATA[Non-Profits]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=77947</guid>
		<description><![CDATA[(Clarification added 4/18/13) It&#8217;s only human nature to want to help out victims of a disaster, but tragic events also bring scam artists out of the woodwork. In the aftermath of the Boston Marathon bombings, an outpouring of support has prompted numerous charitable campaigns: some legitimate, others not.  The Better Business Bureau says it’s already seeing charity scams and expects more to come. The BBB says social media is a favorite tool of scam artists today because it’s a good way to reach a lot of people quickly, and the willingness of people to take action makes it easy to prey on their emotions. Within hours of the attack, Domains.com says more than 125 Boston-related domain names were registered, including several with words like “relief” or “help” in the name. There were reports of at least one fake Twitter account (since shut down) and a warning about a link circulating via email claiming to be video footage of the bombing that really installs malware on the computers of people who click on it. (Although this last instance isn&#8217;t charity-related, opportunistic cybercrooks often do use seemingly-legit solicitations for donations in phishing attacks following disasters.) Avoid Getting Scammed The BBB’s Wise Giving Alliance says you should take precautions before making a donation to any organization claiming to raise funds for victims of the bombing. Give to established charities, or vet any unfamiliar ones before giving. Make sure they have nonprofit 501(c)(3) status. Most states require charities to register themselves, usually through a branch of your state attorney general’s office. Check there, as well as with sites that evaluate nonprofits. (These include the BBB&#8217;s own Wise Giving Alliance at give.org, CharityNavigator.org, CharityWatch.org, GuideStar.org, and FoundationCenter.org.) One factor to consider is what percentage of donors’ money goes to their cause, as opposed to administration and other expenses. Sometimes, victims’ loved ones or communities will set up fundraising campaigns. These informal charitable efforts can be worthy causes, but the BBB recommends making sure that a CPA, lawyer, or other experienced professional is overseeing the collection of<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=77947&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Giving</primary_category><primary_category_link>http://business.time.com/category/personal-finance-2/economics-policy/giving/</primary_category_link>
		<media:content url="http://0.gravatar.com/avatar/9a5a9e4f28beb5afb59b1202632d219a?s=96&#38;d=http%3A%2F%2F0.gravatar.com%2Favatar%2Fad516503a11cd5ca435acc9bb6523536%3Fs%3D96&#38;r=G" medium="image">
			<media:title type="html">marthacwhite</media:title>
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	</item>
		<item>
		<title>Coming Soon: The Summer When You&#8217;re Expected to Save Drive-In Movie Theaters</title>
		<link>http://business.time.com/2013/04/12/coming-soon-the-summer-when-youre-expected-to-save-drive-in-movie-theaters/</link>
		<comments>http://business.time.com/2013/04/12/coming-soon-the-summer-when-youre-expected-to-save-drive-in-movie-theaters/#comments</comments>
		<pubDate>Fri, 12 Apr 2013 15:00:49 +0000</pubDate>
		<dc:creator>Brad Tuttle</dc:creator>
				<category><![CDATA[Giving]]></category>
		<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[Technology & Media]]></category>
		<category><![CDATA[35-mm film]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[digital projector]]></category>
		<category><![CDATA[drive-in theaters]]></category>
		<category><![CDATA[drive-ins]]></category>
		<category><![CDATA[film]]></category>
		<category><![CDATA[idaho]]></category>
		<category><![CDATA[Kickstarter]]></category>
		<category><![CDATA[Michigan]]></category>
		<category><![CDATA[movie theater]]></category>
		<category><![CDATA[movies]]></category>
		<category><![CDATA[Vermont]]></category>
		<category><![CDATA[washington]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=77588</guid>
		<description><![CDATA[Later this year, movie studios are scheduled to stop distributing films in old-fashioned 35-millimeter format. Everything will go digital, which is fine for the vast majority of indoor theaters that have already upgraded to digital projectors. It&#8217;s a different story with drive-ins, however, many of which find themselves in need of handouts to pay for the upgrade. Care to cough up a $100 donation on top of the cost of popcorn? Yes, there are still drive-in theaters in existence, though it&#8217;s rare for a state to have more a handful left. For example, there are eight drive-in theaters in Michigan, according to MichiganDriveIns.com. MLive reported that at least one of the existing theaters, the Capri Drive-In, just paid $144,000 to upgrade two of its projectors to digital. It&#8217;s unlikely that all of the other drive-ins will be able to do the same. Drive-ins are hardly big money makers; more than 150 others in the state have closed over the years. DriveInTheater.com has a state-by-state list of operational and dead drive-ins, and for every state, the deceased list is far longer. Once, more than 4,000 drive-ins dotted the nation. More than three-quarters of them closed by the late &#8217;80s. (MORE: Why the World Needs a Kickstarter Veronica Mars Movie) Most of the drive-ins that have managed to stay in business aren&#8217;t in the position to devote tens of thousands of dollars to new equipment. In January, the Los Angeles Times estimated that 90% of the nation&#8217;s 368 existing drive-ins had not yet converted to digital projectors—not because they&#8217;re stuck in the past and love film, but because converting to digital costs a hefty $70,000 or so per screen. That&#8217;s why nostalgic movie fans around the country are being asked to &#8220;save the drive-in.&#8221; In Vermont, the Fairlee Drive-in and Motel (yep, you can watch movies from your car, or from a bed) has started a &#8220;Save the Drive-in&#8221; campaign that hopes to raise $70,000 for the projector upgrade. To do so, the business is selling T-shirts and posters, and it&#8217;s accepting<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=77588&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Hollywood</primary_category><primary_category_link>http://business.time.com/category/technology-media/hollywood/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2013/04/120469626-e1365715430315.jpg?w=240</featured_image>
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			<media:title type="html">speaker at drive-in movie theater</media:title>
		</media:content>

		<media:content url="http://0.gravatar.com/avatar/f8de938518e7b986d552694ed99aa54d?s=96&#38;d=http%3A%2F%2F0.gravatar.com%2Favatar%2Fad516503a11cd5ca435acc9bb6523536%3Fs%3D96&#38;r=G" medium="image">
			<media:title type="html">bradtuttle</media:title>
		</media:content>
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		<item>
		<title>Dumpster Diver Café? &#8216;Underground Restaurant&#8217; to Feature Discarded Foods – And No Prices</title>
		<link>http://business.time.com/2013/04/03/dumpster-diver-cafe-underground-restaurant-to-feature-discarded-foods-and-no-prices/</link>
		<comments>http://business.time.com/2013/04/03/dumpster-diver-cafe-underground-restaurant-to-feature-discarded-foods-and-no-prices/#comments</comments>
		<pubDate>Wed, 03 Apr 2013 11:00:15 +0000</pubDate>
		<dc:creator>Brad Tuttle</dc:creator>
				<category><![CDATA[Companies & Industries]]></category>
		<category><![CDATA[Economics & Policy]]></category>
		<category><![CDATA[Food and Beverage Industry]]></category>
		<category><![CDATA[Giving]]></category>
		<category><![CDATA[Green]]></category>
		<category><![CDATA[Odd Spending]]></category>
		<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[Saving]]></category>
		<category><![CDATA[Saving & Spending]]></category>
		<category><![CDATA[Smart Spending]]></category>
		<category><![CDATA[Boston]]></category>
		<category><![CDATA[College Students]]></category>
		<category><![CDATA[donation]]></category>
		<category><![CDATA[dumpster diving]]></category>
		<category><![CDATA[freebies]]></category>
		<category><![CDATA[Gleaners Kitchen]]></category>
		<category><![CDATA[Maximus Thaler]]></category>
		<category><![CDATA[Somerville]]></category>
		<category><![CDATA[Tufts University]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=76423</guid>
		<description><![CDATA[The practice of &#8220;dumpster diving&#8221; has been featured in reality TV shows and parodied on &#8220;Portlandia.&#8221; This summer, foods salvaged from supermarket dumpsters will play a central role in a very unusual Boston-area café. A Tufts University student named Maximus Thaler is hoping to open an &#8220;underground restaurant and grocery store&#8221; in Somerville, Mass., this summer. It&#8217;ll be called The Gleaners Kitchen, and the menu will be determined by whatever discarded produce, herbs, meat, fish, and other ingredients he and other volunteers find in nearby dumpsters. What&#8217;s more, all food will be served for free to all comers. A recently launched Kickstarter campaign to cover summertime rent and utilities for the Gleaners Kitchen has already surpassed its initial goal of $1,500. That led Thaler to announce a new goal of $2,500, with the idea the extra cash would pay for an upgraded &#8220;bike truck&#8221; that&#8217;d help his group gather goods during dumpster-diving runs. The pledge period ends April 18. In recent years, some restaurants have been experimenting with pay-what-you-want menus. Most prominently, the Panera Bread chain has operated several cafes that only list &#8220;suggested&#8221; prices, and all of its four dozen restaurants in the St. Louis area just began offering at least one item—turkey chili—on a &#8220;pay what you want&#8221; basis. (MORE: Marx&#8217;s Revenge: How Class Struggle Is Shaping the World) Thaler&#8217;s initiative is different. It&#8217;s not a new business model. Most people wouldn&#8217;t call it a business at all. &#8220;I’m not opening a restaurant,&#8221; Thaler states in the Kickstarter video in which he and other volunteers retrieve cartons of thrown-away peppers, greens, and eggs behind a grocery store. &#8220;I’m inviting people into my home, and I’m sharing space with them.&#8221; Yes, the plan is for the café to be run this summer out of a Somerville apartment where Thaler, currently a senior philosophy of science major at Tufts, will live. It&#8217;ll be open 24 hours a day, with coffee, tea, and soup available at all hours. As Boston Magazine reported, a meal will be served daily at 6 p.m.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=76423&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Food and Beverage Industry</primary_category><primary_category_link>http://business.time.com/category/companies-industries/food-and-beverage-industry/</primary_category_link>
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			<media:title type="html">bradtuttle</media:title>
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		<title>Communication Breakdown: If You Think You&#8217;re Talking About Money, Your Kids Don&#8217;t Hear It</title>
		<link>http://business.time.com/2013/03/28/communication-breakdown-if-you-think-youre-talking-about-money-your-kids-dont-hear-it/</link>
		<comments>http://business.time.com/2013/03/28/communication-breakdown-if-you-think-youre-talking-about-money-your-kids-dont-hear-it/#comments</comments>
		<pubDate>Thu, 28 Mar 2013 16:04:40 +0000</pubDate>
		<dc:creator>Dan Kadlec</dc:creator>
				<category><![CDATA[Budgeting]]></category>
		<category><![CDATA[Credit Cards]]></category>
		<category><![CDATA[Decision Making]]></category>
		<category><![CDATA[Financial Education]]></category>
		<category><![CDATA[Giving]]></category>
		<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[Planning]]></category>
		<category><![CDATA[Saving & Spending]]></category>
		<category><![CDATA[Smart Spending]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=76041</guid>
		<description><![CDATA[Parents and teens often speak a different language. Adults probably are not meant to understand why you might chillax after calling out a busted wanksta. (Don’t ask.) But who knew that miscommunication could be so extreme when it comes to money matters too? Adults and youngsters can’t even agree on what constitutes a conversation about money, according to a new study. Some 73% of parents say they talk regularly with their kids about spending and saving. But just 61% of the kids agree. Nearly half of parents say they strongly encourage their kids to talk to them about money. But only one in five kids strongly agree that this is the case. These are among the chief findings in the 2013 Annual Parents, Kids and Money Survey from fund company T. Rowe Price. The perception gap suggests that parents aren’t being nearly as diligent as they believe—or, alternatively, that kids (aged 8 to 14) don’t recognize a money talk when they hear one. Maybe in-home financial discussions should begin with the declaration: “This conversation is going to be about personal finance!” (MORE: Is Paying Allowance to Your Kids Cruelty?) Don’t conclude that the misperception is necessarily the kids&#8217;. Young people know more than you might suspect. While parents are generally open about discussing things like holiday and back-to-school shopping spending limits, only 38% talk about credit, budgets, and other family financial issues with their children. A like percentage of kids (36%) say they know they are being left in the dark. Similarly, 47% of parents say they do not always agree with one another about money matters, and virtually the same percentage of kids (44%) say they know Mom and Dad have money disagreements. Your kids are more observant about your money behavior than you may realize. That’s totes tope, man. (Very cool, trust me.) Yet parents aren’t taking advantage of this natural interest. According to the survey, half or fewer of parents: Save regularly for retirement Buy life insurance Save for vacation Regularly contribute to charity Save regularly for<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=76041&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Financial Education</primary_category><primary_category_link>http://business.time.com/category/planning/financial-education/</primary_category_link>
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			<media:title type="html">dankadlec</media:title>
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		<title>How to Master the Allowance Question and Prepaid Cards in One Shot</title>
		<link>http://business.time.com/2013/02/15/how-to-master-the-allowance-question-and-prepaid-cards-in-one-shot/</link>
		<comments>http://business.time.com/2013/02/15/how-to-master-the-allowance-question-and-prepaid-cards-in-one-shot/#comments</comments>
		<pubDate>Fri, 15 Feb 2013 14:00:31 +0000</pubDate>
		<dc:creator>Dan Kadlec</dc:creator>
				<category><![CDATA[Budgeting]]></category>
		<category><![CDATA[Credit Cards]]></category>
		<category><![CDATA[Decision Making]]></category>
		<category><![CDATA[Financial Education]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Giving]]></category>
		<category><![CDATA[Paying With Plastic]]></category>
		<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[Planning]]></category>
		<category><![CDATA[Saving & Spending]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=70230</guid>
		<description><![CDATA[Some years ago I was looking to set up a simple third-party automated allowance system for my three children and discovered that banks could be a costly facilitator. The fees for sub-accounts and weekly transfers were ludicrously high, given the small amounts of cash involved. But I was determined to get out of the business of handing cash to my kids either weekly or upon request. I was equally determined to put the kids on a budget and in charge of their own spending decisions, believing it to be the most effective financial teaching tool in the universe. So I chose the bank with the most efficient set-up, swallowed hard and signed up. At my Bank of America branch I was able to get the features I wanted most—automatic transfers to each child’s account either weekly or monthly with a provision that did now allow the accounts to become overdrawn. When the money was gone, they would get denied. (MORE: How to Celebrate Anti-Valentine&#8217;s Day) But I had to open both a savings and a checking account, and three sub-accounts. The complicated fee structure and transfer limitations were such that I deposited money in my savings account and then moved it to my checking account, and then moved it to the sub-accounts. Most of the accounts were subject to a monthly maintenance fee and there were the usual ATM withdrawal fees as well. It was a relatively costly and inconvenient system. But it was the best I could do. Today, parents have much better options by avoiding the banks altogether. An online cottage industry has emerged to simplify and automate allowances, allowing parents to track spending and, if they choose, tie their payments to chores. I count a couple dozen such websites, ranging from the fairly well known ThreeJars.com to recent entrant Tykoon.com. But as far as I can tell no one has attacked the issue more thoroughly than FamZoo.com, where founder and father of five Bill Dwight is now introducing a “family pack” of prepaid cards that will do<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=70230&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Financial Education</primary_category><primary_category_link>http://business.time.com/category/planning/financial-education/</primary_category_link>
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			<media:title type="html">dankadlec</media:title>
		</media:content>
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		<item>
		<title>How to Get Friends and Family &#8212; And Perhaps Some Generous Strangers &#8212; to Buy You a New Car</title>
		<link>http://business.time.com/2013/02/01/how-to-get-friends-and-family-and-perhaps-some-generous-strangers-to-buy-you-a-new-car/</link>
		<comments>http://business.time.com/2013/02/01/how-to-get-friends-and-family-and-perhaps-some-generous-strangers-to-buy-you-a-new-car/#comments</comments>
		<pubDate>Fri, 01 Feb 2013 19:16:19 +0000</pubDate>
		<dc:creator>Brad Tuttle</dc:creator>
				<category><![CDATA[Autos]]></category>
		<category><![CDATA[Companies & Industries]]></category>
		<category><![CDATA[E-commerce]]></category>
		<category><![CDATA[Giving]]></category>
		<category><![CDATA[Odd Spending]]></category>
		<category><![CDATA[Saving & Spending]]></category>
		<category><![CDATA[Smart Spending]]></category>
		<category><![CDATA[Technology & Media]]></category>
		<category><![CDATA[Chrysler]]></category>
		<category><![CDATA[Dart]]></category>
		<category><![CDATA[Dodge Dart]]></category>
		<category><![CDATA[Dodge Dart Registry]]></category>
		<category><![CDATA[Fees]]></category>
		<category><![CDATA[gift registry]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=69198</guid>
		<description><![CDATA[How&#8217;s this for a millennial-friendly mashup: Take the gift registry and online crowdfunding concepts and apply them to the purchase of a new car. Dodge is trying out the idea with a new registry service that promises something for nothing. The new Dodge Dart Registry seems like a cute, attention-grabbing gimmick. Anyone can go to the site, customize a new Dart however they please, set a dollar amount they&#8217;d like to raise, and then start begging family and friends to chip in money for, say, the car&#8217;s steering wheel or some tires. The system is similar to other registries, only instead of registering for new china, his and her monogrammed towels, or a honeymoon, the ultimate goal is getting somebody else to foot the bill for your new car, or at least for the engine. “The registry is designed to make the process of configuring and buying a new Dart more social than ever, in a way that has never been done before,&#8221; said Oliver Francois, Chrysler&#8216;s chief marketing officer. That sounds good and all, but nobody would do this, would they? (MORE: Auto Navigation Systems: Too Complicated, Too Pricey, Just Plain Unnecessary?) Well, given the chance to get something for nothing, of course some people would be on board. According to the Dodge registry site, there were 1,390 active registries recently. The registries include plenty of what seem to be everyday people pleading for funding from family, friends, and strangers alike with requests such as this: &#8220;I am a college student and the college is a 45 minute drive both ways and the Darts fuel efficentcy [sic] will help me save money and not put a dent in my wallet.&#8221; Getting someone else to pay for your car is also obviously another way to save money. But hey, you can&#8217;t blame people for trying. Asking for handouts is one thing; is anybody buying this &#8220;social&#8221; idea and pitching in money to help pay for someone else&#8217;s car? Browsing through the registries, the majority have little to no funding thus<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=69198&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2013/02/01/how-to-get-friends-and-family-and-perhaps-some-generous-strangers-to-buy-you-a-new-car/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	<primary_category>Autos</primary_category><primary_category_link>http://business.time.com/category/companies-industries/autos-companies-industries/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/04/dodgedart.jpg?w=240</featured_image>
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			<media:title type="html">Dodge Dart</media:title>
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		<media:content url="http://0.gravatar.com/avatar/f8de938518e7b986d552694ed99aa54d?s=96&#38;d=http%3A%2F%2F0.gravatar.com%2Favatar%2Fad516503a11cd5ca435acc9bb6523536%3Fs%3D96&#38;r=G" medium="image">
			<media:title type="html">bradtuttle</media:title>
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		<title>How Nonprofits Convince Millennials to Give: Customize the Cause</title>
		<link>http://business.time.com/2012/12/27/how-nonprofits-convince-millennials-to-give-customize-the-cause/</link>
		<comments>http://business.time.com/2012/12/27/how-nonprofits-convince-millennials-to-give-customize-the-cause/#comments</comments>
		<pubDate>Thu, 27 Dec 2012 10:45:13 +0000</pubDate>
		<dc:creator>Victor Luckerson</dc:creator>
				<category><![CDATA[Economics & Policy]]></category>
		<category><![CDATA[Giving]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=64679</guid>
		<description><![CDATA[Scott Harrison understands what young people like. As a former nightclub promoter in New York City, he openly admits that he used to get people drunk for a living. But a two-year stint as a photojournalist in Liberia opened his eyes to the suffering happening in other parts of the world, particularly due to a lack of access to clean drinking water. Now he’s using his penchant for slick marketing to get young people to do something else: donate money to build wells in impoverished countries. “There was a real jaded view towards charities,” Harrison says of the sentiment among his twenty-something friends when he first entered the nonprofit world. “I thought maybe a new model could bring some of these disenchanted people that are potential givers back to the table of giving.” Charity: water, Harrison’s nonprofit organization, is at the fore of a tough task for the nonprofit sector: convincing the Millennial generation, underemployed and often dubbed apathetic compared to their predecessors, to give some of the little money to charity. For a sector overly reliant on generating money from an aging Baby Boomer population, getting young Millennials donating to nonprofits early is a key to long-term sustainability. That’s why many charities are working to develop a more interactive, customisable, and transparent giving experience. (MORE: How Nonprofits Can Use Data to Solve the World&#8217;s Problems) “The Millennial generation is about identifying with a cause,&#8221; says Marc Chardon,the CEO of Blackbaud, a software developer for nonprofits that tracks giving trends. &#8220;[Donating] has become very personal and local.&#8221; In charity: water’s case, that means encouraging supporters to be not only donors but also fundraisers. Half of the funds generated by the organization come from mycharity: water, an online fundraising platform in which individuals create their own personal fundraising campaigns on behalf of the nonprofit. Often, people use the platform on their birthdays and ask others to donate their age in dollars instead of providing gifts. Sometimes the fundraisers are more inventive—in September a woman raised $30,000 by promising to swim across the<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=64679&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2012/12/27/how-nonprofits-convince-millennials-to-give-customize-the-cause/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	<primary_category>Giving</primary_category><primary_category_link>http://business.time.com/category/personal-finance-2/economics-policy/giving/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/12/140196928.jpg?w=240</featured_image>
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			<media:title type="html">140196928</media:title>
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			<media:title type="html">vluck2012</media:title>
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		<title>Top Grinchiest Stories of the 2012 Holiday Season</title>
		<link>http://business.time.com/2012/12/25/top-grinchiest-stories-of-the-2012-holiday-season/</link>
		<comments>http://business.time.com/2012/12/25/top-grinchiest-stories-of-the-2012-holiday-season/#comments</comments>
		<pubDate>Wed, 26 Dec 2012 00:00:17 +0000</pubDate>
		<dc:creator>Brad Tuttle</dc:creator>
				<category><![CDATA[Decision Making]]></category>
		<category><![CDATA[Giving]]></category>
		<category><![CDATA[Odd Spending]]></category>
		<category><![CDATA[Retail]]></category>
		<category><![CDATA[Saving & Spending]]></category>
		<category><![CDATA[Scams]]></category>
		<category><![CDATA[Black Friday]]></category>
		<category><![CDATA[charity]]></category>
		<category><![CDATA[Christmas trees]]></category>
		<category><![CDATA[donations]]></category>
		<category><![CDATA[homeless]]></category>
		<category><![CDATA[Kmart]]></category>
		<category><![CDATA[McDonalds]]></category>
		<category><![CDATA[rip-offs]]></category>
		<category><![CDATA[rugby]]></category>
		<category><![CDATA[Santa Claus]]></category>
		<category><![CDATA[troops]]></category>
		<category><![CDATA[YWCA]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=64986</guid>
		<description><![CDATA[Given the number of recent Grinch-like thefts and other Grinch-like actions that have ruined Christmas for some, it looks like there are indeed people whose hearts are two sizes too small. Here&#8217;s a roundup of this season&#8217;s Grinchiest real-life tales, in honor of the Grinch&#8217;s legendary unwelcomed visit to Whoville. Thieves Make Off with Toys Meant for Hundreds of Homeless Kids A YWCA in Seattle purchased $6,250 worth of toys and intended to distribute them to 250 homeless kids, but the goods were stolen from an unused unit at a homeless shelter before they could be given away. Drunk Guy Tells Kids There Is No Santa Claus During Christmas Parade Police arrested a 24-year-old man in Kingston, Ontario, in late November after reports surfaced that he was walking along the route of the annual Santa Claus Parade and telling children that there was no Santa Claus. The man was charged with violating probation and causing a disturbance while being intoxicated. It was pretty easy for police to find him, too, as he was described as &#8220;having his hair formed to look like horns that were protruding from his head.&#8221; (MORE: Dollar Menu Double Down: McDonald&#8217;s Pumps Up $1 Selections) Christmas Trees Intended for Charity Ripped Off The owners of an outdoor supply store in the West Roxbury section of Boston woke up one morning in early December to discover that the shop&#8217;s stereo was stolen, as were more than a dozen Christmas trees—trees that were supposed to be sold, with the profits going to local children&#8217;s hospitals. The owners said that over the past five years, they&#8217;d donated over $15,000 to charities by selling Christmas trees. Delivery Man Drops Off One Package, Steals Another Last week, a family in Houston received word that they&#8217;d received two packages dropped off during the day at their front door, but only one was there when they returned home in the evening. Turns out two packages were indeed delivered, but, as their home surveillance system revealed, the second delivery was made by a UPS<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=64986&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2012/12/25/top-grinchiest-stories-of-the-2012-holiday-season/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	<primary_category>Giving</primary_category><primary_category_link>http://business.time.com/category/personal-finance-2/economics-policy/giving/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/12/1238_how_the_grinch_stole_christmas_christmas_movies1.jpg?w=240</featured_image>
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			<media:title type="html">bradtuttle</media:title>
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		<title>7 Ways Taxpayers are Readying for Fiscal Cliff</title>
		<link>http://business.time.com/2012/12/17/7-ways-taxpayers-are-readying-for-fiscal-cliff/</link>
		<comments>http://business.time.com/2012/12/17/7-ways-taxpayers-are-readying-for-fiscal-cliff/#comments</comments>
		<pubDate>Mon, 17 Dec 2012 10:45:02 +0000</pubDate>
		<dc:creator>Dan Kadlec</dc:creator>
				<category><![CDATA[Borrowing]]></category>
		<category><![CDATA[Estate Planning]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Giving]]></category>
		<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[Planning]]></category>
		<category><![CDATA[Retirement]]></category>
		<category><![CDATA[Saving]]></category>
		<category><![CDATA[Tax Policy]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=64184</guid>
		<description><![CDATA[Time is running short for year-end tax moves, and it now seems clear that any money-saving maneuvers must be based on what’s likely—not what’s certain. That’s the ridiculous position taxpayers confront, thanks to the ongoing stalemate in Congress over how to resolve the fiscal cliff. Some strategies could ultimately backfire depending on the outcome of negotiations. So consider planning only around changes that seem most certain, like higher payroll taxes for everyone, higher capital gains taxes for everyone, and higher income taxes for the wealthy. (MORE: Why the Fiscal Cliff May Cost You $6,000 in 2013) Here are seven moves that financial planners say individuals are making right now as, from a tax perspective, the most confusing New Year in memory fast approaches: Beefing up trusts The estate tax and lifetime gift tax exemption is set to drop to $1 million from $5.12 million at year-end. Meanwhile, the maximum estate tax is set to jump to 55% from 35%. In any fiscal cliff deal, some middle ground likely would prevail. But bank on a lower exemption level and higher estate tax rate. Families with more than $1 million in assets are setting up irrevocable trusts at a blinding speed in order to get some of these assets out of their estate by year-end. “We’re working 12 to 15 hour days,” says Jeffrey Gonya, an estate-planning lawyer in Baltimore. Such trusts can be complicated. Don’t wait until the last minute. Forgiving family loans Forgiving debt is treated as a gift to the borrower. Some well-off souls who loaned money to a struggling family member or friend are taking advantage of the more generous exclusion this year to wipe out that debt. Contributing to charity With all the talk about wiping out or capping the charitable deduction next year, taxpayers who itemize have been speeding up their donations to claim the deduction this year. This could backfire. If you accelerate giving into this year and the deduction remains you risk sheltering less total income should your tax rate rise next year. Converting<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=64184&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2012/12/17/7-ways-taxpayers-are-readying-for-fiscal-cliff/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	<primary_category>Financial Planning</primary_category><primary_category_link>http://business.time.com/category/planning/financial-planning/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/12/taxes.jpg?w=240</featured_image>
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			<media:title type="html">taxe forms</media:title>
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			<media:title type="html">dankadlec</media:title>
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		<title>How Nonprofits Can Use Data to Solve the World&#8217;s Problems</title>
		<link>http://business.time.com/2012/12/10/how-nonprofits-can-use-data-to-solve-the-worlds-problems/</link>
		<comments>http://business.time.com/2012/12/10/how-nonprofits-can-use-data-to-solve-the-worlds-problems/#comments</comments>
		<pubDate>Mon, 10 Dec 2012 13:00:04 +0000</pubDate>
		<dc:creator>Victor Luckerson</dc:creator>
				<category><![CDATA[Big Data]]></category>
		<category><![CDATA[Economics & Policy]]></category>
		<category><![CDATA[Giving]]></category>
		<category><![CDATA[Technology & Media]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=62999</guid>
		<description><![CDATA[When Uzoamaka Nwankpa visits first-time mothers living in poverty in Tucson, Ariz., she’s more than just a nurse. She’s a therapist, helping a pregnant, recovering heroin user understand how her addiction traces back to her own childhood trauma. She’s a life coach, helping a mom with a two-month-old baby set goals to finish college. But perhaps most surprisingly, she’s also a data collector, amassing thousands of points of information about the women and children she works with to not only help her clients, but to improve the effectiveness of the nonprofit organization she works with. In fact, Nurse-Family Partnerships, the national nonprofit that works with local agencies to put nurses like Nwankpa to work, values data above all else. The organization pairs poor, first-time mothers with family nurses that make biweekly home visits from the prenatal period until the baby is two years old. All along the way the nurses are meticulously documenting the development of mother and child, tracking everything from the growth rate of the baby to prior instances of domestic abuse for the mother. In all, the organization tracks 2,000 different variables about each family, gaining an ever-growing knowledge base about the types of women it aims to help. (MORE: 5 Ways to Make Your Charity Dollars Go Further) “We’re able to provide reports about what’s happening with the mother, what’s happening with the child, what activity the nurse is undertaking and ultimately use that data to help the nurse do an even better job,” says Sandy Dunlap, the nonprofit’s chief operating officer. With so much information available, the program is able to morph on the fly—a spike in emergency room visits might mean nurses need to provide more counseling on infant safety, while a group of babies under average weight may show the need to emphasize the importance of breastfeeding more. Individual nurses are encouraged to use the data they gather to adapt the program as needed. Though Nurse-Family Partnerships is decades old, their sophisticated, data-focused model seems poised to become the standard for how a<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=62999&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Big Data</primary_category><primary_category_link>http://business.time.com/category/technology-media/big-data/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/12/cherelle_nicole_037.jpg?w=240</featured_image>
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			<media:title type="html">vluck2012</media:title>
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		<title>Why Limiting the Charity Tax Deduction Won&#8217;t Destroy Charities</title>
		<link>http://business.time.com/2012/12/07/why-limiting-the-charity-tax-deduction-wont-destroy-charities/</link>
		<comments>http://business.time.com/2012/12/07/why-limiting-the-charity-tax-deduction-wont-destroy-charities/#comments</comments>
		<pubDate>Fri, 07 Dec 2012 13:00:01 +0000</pubDate>
		<dc:creator>Dan Kadlec</dc:creator>
				<category><![CDATA[Decision Making]]></category>
		<category><![CDATA[Financial Education]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Giving]]></category>
		<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[Planning]]></category>
		<category><![CDATA[Retirement]]></category>
		<category><![CDATA[Tax Policy]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=63348</guid>
		<description><![CDATA[At least one part of negotiations over the fiscal cliff appears misguided: Eliminating or capping the tax deduction for charitable contributions isn’t as big a deal as some fear. Republicans have proposed raising $800 billion over 10 years by capping tax deductions for the wealthy, including highly popular breaks for mortgage interest, state and local taxes, and charitable giving. Democrats won’t hear of capping the tax deduction for charitable giving, which they say accounts for much or even most of the additional revenue. “If you eliminated charitable deductions, that means every hospital and university and not-for-profit agency across the country would suddenly find themselves on the verge of collapse,” President Obama said on Bloomberg TV, as reported in The New York Times.  “So that’s not a realistic option.” (MORE: Why the Coconut Craze Isn&#8217;t Helping Farmers) Americans give about $300 billion a year. How much of that do you imagine is motivated solely by the tax savings? It’s hard to say but there&#8217;s reason to believe it isn’t all that much—not nearly enough, at least, that if it went missing would put a death grip on nonprofits coast to coast. People who give do so for dozens of reasons, and tax savings often doesn’t even make their list. With co-author Ken Dychtwald, I looked at this issue in our book A New Purpose. Here’s a short excerpt: “A lot of people assume saving on taxes is one of the biggest reasons people give money. But it’s a surprisingly small motivator. In virtually every survey on the subject those who give say the tax benefits are among their least important considerations. In an AARP survey, just 13% noted tax deductions as a reason for giving. The only factor cited less often was being asked to give at the office.” If not personal economics, what does motivate giving? We found that people give both money and time because, above all, it’s simply the right thing to do. But they also enjoy making a difference, and by giving they express thanks for their<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=63348&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2012/12/07/why-limiting-the-charity-tax-deduction-wont-destroy-charities/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	<primary_category>Giving</primary_category><primary_category_link>http://business.time.com/category/personal-finance-2/economics-policy/giving/</primary_category_link>
		<media:content url="http://1.gravatar.com/avatar/d69b05e696e822e7e41ae630be72226a?s=96&#38;d=http%3A%2F%2F1.gravatar.com%2Favatar%2Fad516503a11cd5ca435acc9bb6523536%3Fs%3D96&#38;r=G" medium="image">
			<media:title type="html">dankadlec</media:title>
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		<title>Worst. Gift. Ever. The 6 Kinds of Presents You Should Never Give</title>
		<link>http://business.time.com/2012/11/30/worst-gift-ever-the-6-kinds-of-presents-you-should-never-give/</link>
		<comments>http://business.time.com/2012/11/30/worst-gift-ever-the-6-kinds-of-presents-you-should-never-give/#comments</comments>
		<pubDate>Fri, 30 Nov 2012 10:45:36 +0000</pubDate>
		<dc:creator>Kit Yarrow</dc:creator>
				<category><![CDATA[Companies & Industries]]></category>
		<category><![CDATA[Giving]]></category>
		<category><![CDATA[Odd Spending]]></category>
		<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[Psychology of Money]]></category>
		<category><![CDATA[Retail]]></category>
		<category><![CDATA[Saving & Spending]]></category>
		<category><![CDATA[Smart Spending]]></category>
		<category><![CDATA[family]]></category>
		<category><![CDATA[gift exchanges]]></category>
		<category><![CDATA[gift giving]]></category>
		<category><![CDATA[gifts]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=62649</guid>
		<description><![CDATA[A gift should make the recipient happy &#8212; or at least not sad or angry. As the gift-giving season is upon us, it&#8217;s a good time to remember that gifts are a powerful form of communication. So what messages are being sent by the holiday gifts you&#8217;ve picked out for people? Gifts can enhance connections between people. A truly bad gift, though, can ruin a relationship, with emotional impact that&#8217;s remembered for decades. As a consumer psychologist, I&#8217;ve gotten to speak to countless people about the worst gifts they&#8217;ve ever received, and their answers can be grouped into six categories: The All About Me Gift Many women would be overjoyed with the gift of diamond earrings from their husbands. Not Patty, 58, who said that her husband Bill&#8217;s choice for her of flashy, pricey jewelry was the worst gift she’s ever been given. “We couldn’t afford them,&#8221; she said. &#8220;We had a new baby, a new house, and the last thing I needed was diamond earrings. Bill got them to impress his parents and to compete with his brother. Those stupid earrings didn’t have a thing to do with me or what I wanted or needed.” That was nearly 30 years ago. Bill’s gift prowess has improved since then, and he and Patty are still happily married. The earrings didn’t survive, though—Patty returned them the day after she received them. (MORE: Tech Buyer&#8217;s Guide 2012) Several people that I interviewed felt that charity donations given in their names also fell into the &#8220;All About Me&#8221; category. “If it was to one of MY favorite charities that would be different,” says Glenn, a 50-something manager. “Sometimes I think it&#8217;s not even about the charity, they think they’ll look altruistic. Either way, it’s not really a gift if you ask me.” The Obvious Regift Andrew, 32, was initially delighted to get an elegant Italian dress shirt from his father. “Then I saw that it had his initials monogrammed on the cuff. He hadn’t unfolded it, so maybe didn’t know. Thoughtless.” Unless it’s a<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=62649&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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	<primary_category>Odd Spending</primary_category><primary_category_link>http://business.time.com/category/saving-spending/odd-spending/</primary_category_link>
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			<media:title type="html">TIME.com</media:title>
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		<title>How Religious Affiliation Affects Charitable Giving</title>
		<link>http://business.time.com/2012/08/21/how-religious-affiliation-affects-charitable-giving/</link>
		<comments>http://business.time.com/2012/08/21/how-religious-affiliation-affects-charitable-giving/#comments</comments>
		<pubDate>Tue, 21 Aug 2012 12:00:15 +0000</pubDate>
		<dc:creator>Josh Sanburn</dc:creator>
				<category><![CDATA[Economics & Policy]]></category>
		<category><![CDATA[Giving]]></category>
		<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[The Economy]]></category>
		<category><![CDATA[Charitable Giving]]></category>
		<category><![CDATA[charity]]></category>
		<category><![CDATA[Donating]]></category>
		<category><![CDATA[donations]]></category>
		<category><![CDATA[middle class]]></category>
		<category><![CDATA[mitt romney]]></category>
		<category><![CDATA[Mormon Church]]></category>
		<category><![CDATA[Philanthropy]]></category>
		<category><![CDATA[religion]]></category>

		<guid isPermaLink="false">http://moneyland.time.com/?p=43686</guid>
		<description><![CDATA[Just as America is often divided between red and blue and rich and poor, a new study shows a similar gap between Americans who give more generously to charity and those who don’t. But the study says almost as much about Americans&#8217; religious participation as it does our willingness to give. The Chronicle of Philanthropy released a fascinating survey this week on how (and how much) America donates to charitable organizations. One of the most interesting findings shows that those who tend to give the most live in more religious areas. A substantial portion of giving in the U.S., you see, comes in the form of tithing to churches. When religion is taken out of the equation, the charitable landscape alters considerably. (MORE: Seriously? Bank Fees Shoot Up Again) Topping the journal&#8217;s list of most generous states is Utah. Four of Utah&#8217;s cities headed up the list of U.S. metropolitan areas when it comes to percentage of discretionary income given to charity. Households in Provo, Utah, give away the most as a percentage — 13.9% of discretionary income. For the state as a whole, 10.6% of Utah’s discretionary income goes to charity, well ahead of second-place Mississippi at 7.2%. The state’s giving nature largely comes from its sizable Mormon population, a faith that heavily emphasizes tithing of at least 10%. Research shows that close to 90% of Mormons say they tithe regularly. (Remember when news broke that Mitt Romney gave millions to the Mormon church over the last several years?) But Utah is a bit of an outlier. The rest of the more generous states are dominated by the South – the country’s most Christian region and another faith that regularly emphasizes tithing 10%. Mississippi, Alabama, Tennessee and South Carolina round out the top five. Take away churches as charities, however, and red states no longer dominate the world of donations. Instead, New England – a region that leans Democratic, with far fewer religiously affiliated Americans but with more affluent residents – catapults toward the top. The Chronicle of Philanthropy found that<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=58362&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Giving</primary_category><primary_category_link>http://business.time.com/category/personal-finance-2/economics-policy/giving/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/08/republican-convention-relig.jpg?w=240</featured_image>
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			<media:title type="html">Religion / Charity</media:title>
		</media:content>

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			<media:title type="html">jsanburn</media:title>
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		<title>How to Give Heirs What They Most Want (It Won&#8217;t Cost Much)</title>
		<link>http://business.time.com/2012/06/11/how-to-give-heirs-what-they-most-want-it-wont-cost-much/</link>
		<comments>http://business.time.com/2012/06/11/how-to-give-heirs-what-they-most-want-it-wont-cost-much/#comments</comments>
		<pubDate>Mon, 11 Jun 2012 16:10:47 +0000</pubDate>
		<dc:creator>Dan Kadlec</dc:creator>
				<category><![CDATA[Estate Planning]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Giving]]></category>
		<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[Planning]]></category>
		<category><![CDATA[Retirement]]></category>
		<category><![CDATA[401k]]></category>
		<category><![CDATA[IRAs]]></category>
		<category><![CDATA[Philanthropy]]></category>
		<category><![CDATA[Retiring]]></category>
		<category><![CDATA[saving]]></category>

		<guid isPermaLink="false">http://moneyland.time.com/?p=40404</guid>
		<description><![CDATA[An enduring legacy of the financial crisis has been a clear shift in personal values—away from materialism and toward relationships and experiences. Born out of need, this national (if not global) rethinking of what is most important has had remarkable staying power even as the economy has started to improve. The latest bit of evidence comes from an Allianz Life survey, where 86% of boomers named “family stories” as the most important part of their legacy—ahead of possessions and inheritance. It appears that we care more about passing down our values and traditions than the contents of our Roth IRAs. Indeed, some 75% of boomers say it is not their duty to leave a financial legacy. (MORE: Summer Olympics 2012: How to Stay in London for $15 a Night) That may be because boomers do not expect to have much of a nest egg to pass down&#8211;or that they believe they have lived such fabulous lives it would be a shame to go unremembered. But boomers also say they are not counting on an inheritance from their parents. Fewer than 5% say leaving money behind is their parents’ duty. This thinking has prompted Allianz to elevate “family stories” in the planning process, naming it as one of four pillars in a well-rounded legacy. The pillars: Values and life lessons, including family stories Instructions and wishes, including health directives and funeral arrangements Personal possessions of emotional value, including pictures, scrapbooks and furniture Financial assets, including real estate All four pillars require thought. But it’s a relatively straightforward proposition to, say, direct that you be cremated and that all financial assets be divided evenly. Deciding who gets grandma’s rocker and your silverware is a little tougher. But a simple family discussion should make it pretty clear who wants what the most. Family stories are different—yet of utmost importance. The philosopher Abraham Maslow said, “The ultimate disease of our time is valuelessness.” Poll results show that boomers agree. But how do you pass on something so intangible as a value? (MORE: Your Global<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=57894&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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	<primary_category>Financial Planning</primary_category><primary_category_link>http://business.time.com/category/planning/financial-planning/</primary_category_link>
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			<media:title type="html">dankadlec</media:title>
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