Three Ways to Make the Most of Your Year-End Giving

Understanding how to maximize your charitable donations can help you stay on budget and help the causes you are passionate about.

A pair of hands hold a heart knickknack.
(Image credit: Getty Images)

The season of giving is here, and it can go beyond just gifts. This is the perfect time to give back and consider a charitable donation.

But, with many Americans struggling with their finances in the midst of lingering inflation, how can we stay on budget and still give back? After two record-setting years, charitable giving decreased in 2022, so nonprofits need help now more than ever.

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Tony Drake, CFP®, Investment Advisor Representative
Founder & CEO, Drake and Associates

Tony Drake is a CERTIFIED FINANCIAL PLANNER™ and the founder and CEO of Drake & Associates in Waukesha, Wis. Tony is an Investment Adviser Representative and has helped clients prepare for retirement for more than a decade. He hosts The Retirement Ready Radio Show on WTMJ Radio each week and is featured regularly on TV stations in Milwaukee. Tony is passionate about building strong relationships with his clients so he can help them build a strong plan for their retirement.