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Here's something you may already have in common with the very wealthy, at least if you're among those earning less than $100,000 who recently increased the percentage of income donated to charity: Self-made billionaires are generous, too, outdonating people who married into or inherited wealth. Maybe they're more inclined to help others who are in situations they were once in themselves (education tops the list of causes they support). Or perhaps they've realized what self-made billionaire and "extreme philanthropist" Chuck Feeney would say: "You'll get more satisfaction from [giving to charity] than having houses you'll never live in, or yachts that you can't spend your time on."
Please note: This is general information and is not intended to be legal advice. You should consult with your own financial advisor before making any major financial decisions, including investments or changes to your portfolio, and a qualified legal professional before executing any legal documents or taking any legal action. Harpo Productions, Inc., OWN: Oprah Winfrey Network, Discovery Communications LLC and their affiliated companies and entities are not responsible for any losses, damages or claims that may result from your financial or legal decisions.