“How big a deal is donating 10% of your income really? A perspective” by WilliamKiely

Why 10%? Because that's the number of the 10% Pledge. No other reason. How big a deal is donating 10% of your pre-tax income really? On the one hand, 10% of one's income feels like a lot of money no matter how much you make. But on the other hand, incomes vary tremendously such that no matter how much you make, giving away 10% of your income won't change your relative income rank by much. If you're an American who income is higher than 20% / X% / 80% of Americans, then your effective income leftover after donating 10% of your pre-tax income will still be higher than 18% / X-7% / 76% of Americans. In the US, donating 10% at most lowers your income percentile by 6.3 percentile from 54th percentile to 47.7th percentile, requiring you to live on $49,500 instead of $55,000. So from this perspective at [...] ---Outline:(00:23) Why 10%?(00:32) How big a deal is donating 10% of your pre-tax income really?(01:36) An old related memory(04:00) Better versions of this chart--- First published: September 7th, 2025 Source: https://forum.effectivealtruism.org/posts/vRqWoxfBHjuxJEkoi/how-big-a-deal-is-donating-10-of-your-income-really-a --- Narrated by TYPE III AUDIO. ---Images from the article:Apple Podcasts and Spotify do not show images in the episode description. Try Pocket Casts, or another podcast app.