Earlier quoted context omitted.
(not a financial professional, not advice) You need at least 40 "credits" over your working life to be eligible for social security benefits. Each calendar year you can earn up to 4 "credits", which in 2021 corresponds to $1470 in earnings that are taxed. So it definitely makes sense to earn the credits every year e.g. $6000 in 2021. SSDI looks at the last 10 years of earnings if you're older than 30, which still inc…
> the optimal money move is to continue working to full retirement age Only your highest-earning-of-SS-income 35 years matter, so it's conceivable (and probably not too rare for many HN readers) to have had 35 max-income years before FRA.
Why I'm donating $150/month (10% of my income) to the musl Libc project (2019)
131–140 of 175 posts
Re: Why I'm donating $150/month (10% of my income) to the musl Libc project (2019)
#1322021 update: * The Zig Software Foundation now exists * My total income including ZSF Salary, GitHub Sponsors, Patreon is now about 4000 USD per month. Legally, my ZSF salary is 160K per year, but I have been consistently donating it back to the org since frankly we just don't have that much revenue at this point in time, and I've been prioritizing getting that money to other Zig contributors. * The $150/month to Ric…
Good to see that you finally got rid of your jealousy
I will be honest, seeing everyone getting "mad" at V project owner was very "dishonest" move, to stay polite and within HN 's rules
Re: Why I'm donating $150/month (10% of my income) to the musl Libc project (2019)
#133Consider joining Giving What We Can - an international community of people who have pledged to give at least 10% of their income to causes that they think are most effective at eliminating what they think are the world's biggest problems. (I'm a proud member for 10 years). https://www.givingwhatwecan.org/
I like the first half of the idea (donating 10% of one's income) but I feel strongly against their definition of "effective" and "biggest problems". This typically happens when someone multiplies a tiny probability by an infinite value like "time till the heath death of the universe". In particular, their top four recommended charities are managed by "Effective altruism funds", with the 3rd best-ranked charity spendi…
This is absolutely not what they are doing. Most of their charities are working on immediate problems and are evaluated on their short term impact. The obvious exceptions are the Long-Term Future category and the Climate Change category, which are looking at around 50-100 years from now. They are not multiplying some tiny utilitarian value by an extreme number of years.
Their top 4 charities by total donation amount are Against Malaria Foundation, GiveWell, Global Health and Development Fund, and GiveDirectly. All are fighting immediate problems.
There are different categories of charities because people will never agree on which categories are most important. Does animal suffering matter? Is preventing a life of extreme poverty better or worse than preventing an early death? Everyone has different answers to these questions, so the site gives donors a variety of suggestions. They suggest charities that are well evaluated for their category. E.g. Climate change charities are evaluated on their climate impact per dollar donated, and human health charities are evaluated by lives saved and disease prevented.
Re: Why I'm donating $150/month (10% of my income) to the musl Libc project (2019)
#134this person makes $1500 a month?
The Zig foundation is super transparent about where their money goes, modulo a few months of delay. Technically he's drawing a salary of something like 12k/month but he donates most of it back to the foundation (initially 100% of it was being donated back, but he's scaled back gradually so it's more like 80% last I checked). I don't know if he has any other income but it seems like Zig is really a labor of love.
Re: Why I'm donating $150/month (10% of my income) to the musl Libc project (2019)
#135Earlier quoted context omitted.
I'd strongly recommend looking at GiveWell specifically: They avoid the weird "AI risk" stuff and mostly focus on Malaria prevention and other very well studied, high-value third world interventions. In particular, they also list where your money is going, so you can just pick and choose which of their causes you want to support (although I personally donate directly to them so they can decide which charity they thin…
Note also that if you spend all of your funds allocated to Lord Bezos at smile.amazon.com instead of the base 2LD, you can specify GiveWell as the beneficiary and they get a small cut of each purchase. It's per purchase though so you have to update your bookmarks to point to smile.amazon.com. Uninstall the app to help you remember.
Re: Why I'm donating $150/month (10% of my income) to the musl Libc project (2019)
#136Re: Why I'm donating $150/month (10% of my income) to the musl Libc project (2019)
#137Earlier quoted context omitted.
Note also that if you spend all of your funds allocated to Lord Bezos at smile.amazon.com instead of the base 2LD, you can specify GiveWell as the beneficiary and they get a small cut of each purchase. It's per purchase though so you have to update your bookmarks to point to smile.amazon.com. Uninstall the app to help you remember.
This is old - you can now set the app to use smile. And when you share product links it will use the smile link.
Re: Why I'm donating $150/month (10% of my income) to the musl Libc project (2019)
#138Earlier quoted context omitted.
> which I strongly consider a waste of money Do you consider all research on AI ethics and bias to be a waste of money? The EA folks are doing some of the best work in that field, and have been focusing on it for quite a while. People used to consider biosecurity and pandemic preparedness a waste of money too, but hopefully we know better.
No, I do think research on AI ethics is important and necessary. But I also think there's a time and a place, and "third most pressing issue for humanity" is not it. Biased AI algorithms are a problem for the 10% of countries where AI is part of their daily decision process. For the other 90%, "I don't have enough nutrients for my brain to develop" and "I'm severely disabled due to a preventable but unprofitable illn…
I'm a bit skeptical too (and I haven't looked into that much), but it's not obviously stupid. They'd point out that even if there's just a 1% chance of humans being wiped out in the not-so-distant future, that's a big deal (and a large expected value for number of deaths) and we should work on reducing those odds.
A lot of this rests on the assumption that super-intelligence is really powerful. Like, take-over-the-world type of powerful.
Re: Why I'm donating $150/month (10% of my income) to the musl Libc project (2019)
#139Earlier quoted context omitted.
But why would he? It's none of their business
I know nothing about it in the US, but in the UK it would be their business once he started and they set him up on payroll. You could still argue none of their business, 'can only harm you' in negotiating salary of course - and in a large enough org the same people would never know, but otherwise could be a short-lived deception and maybe you'd feel weird about that once colleagues.
Re: Why I'm donating $150/month (10% of my income) to the musl Libc project (2019)
#140Earlier quoted context omitted.
Sense of community. I used to have the belief that being an anonymous donor, giving money to charities quietly, was the right and noble thing to do. Then there was the Ice Bucket Challenge and I realized that an individual donation is nothing compared to the multiplying effect that comes from having others within your community and network join in, and that requires finding creative ways of signaling your donations t…
giving as a group activity feels weird as if without an audience these folks might just not be interested.
Edit: To add the above, the median annual donation amount for someone earning $60k-$80k in 2010 was $107. Roughly 0.15% of their income. It feels weird to criticize people donating 10% for having not-pure-enough motives while letting the majority who donate almost nothing escape criticism.