Show notes
Brice Karickhoff is a climber and development economist with a passion for charitable giving. In this episode we discuss the importance of balanced saving and giving, the utility of the donor-advised fund, and broader macroeconomic trends that affect us all.Topics Discussed with Brice KarickhoffBrice’s recent bouldering accomplishments and how he manages to send and maintain a career in Atlanta, GA.Brice’s interest in global poverty and the roots of a career as a development economistCharitable giving methods used to empower those in povertyHow to effectively give to organizations that make a differenceCharitable giving as a response to guiltWhen to give vs when to saveDonor-advised funds: What are they and how can they enable us to give like a millionaire?Discussion on broad and complex macroeconomics trends: minimum wage, wealth inequality, inflation, stock market pessimism, and the housing market.So much more! Support this project: Buy Me a CoffeeSubscribe to the website: SUBSCRIBE ME!Show Notes and Links at Clippingchains.com Brice Karickhoff Interview Time Stamps0:05:46: Desperado (V9/10) at Hospital Boulders, AL and other climber talk0:13:28: Brice’s background in economics0:19:22: Why Brice housed homeless individuals with his roommates in college and the important life lessons from this experience0:24:22: Why Brice focuses on international poverty. U.S. domestic vs global poverty observations0:28:36: Solutions and tactics for complex and rooted international poverty. The importance of empowering vs simply giving.0:35:00: Brice’s personal charitable giving philosophy and how we can make sure our dollars are going towards empowering others0:40:48: Third-party resources for charitable giving accountability0:48:47: Charitable giving as an emotional response and the pitfalls of giving out of guilt. Finding the right balance between spending, saving, and giving. Thinking of giving as a lifelong ambition.0:56:03: Donor-advised funds. What are they and how can we use them to give more effectively?01:07:16: Brice and his wife Talia’s saving and investing strategy01:16:40: Brice’s change of opinion on minimum wage policy01:25:25: Are sweatshops progress?01:27:34: Wealth inequality in the United States: observations01:35:55: Inflation: musings on causes of high inflation, tools used to curb inflation, and what we’ve seen in past periods of high inflation01:40:28: Short-term stock market pessimism: should we be investing now?01:45:12: Navigating the American housing market as a prospective first-time home buyer01:58:38: Our favorite books