Q: In light of this latest tragedy in Florida, what’s the difference between GoFundMe contributions vs. regular charitable contributions? Every month I look at our accounts and feel like we aren’t saving enough, that we are spending frivolously (eating out, treats at Target, etc.) Are we saving enough? A: According to the Federal Reserve Bank of St. Louis, at the end of 2017 Americans were saving just 2.4 percent of their disposable income. These include saving 15 percent for retirement (and continuing to tithe); buying a house; buying rental properties; traveling and doing fun things; buying a car; and maybe even buying a new purse.

Source: Washington Post February 20, 2018 22:18 UTC