Giving Tuesday: How to Find Legitimate Charities and Avoid Scams

December 3, 2019 – This video explains what to look out for as you decide which organizations to donate to this Giving Tuesday. Now in it's seventh year, Giving Tuesday takes a cue from Black Friday, Shop Small Saturday and Cyber Monday encouraging Americans to donate to charities and non profits the Tuesday after Thanksgiving. In this video, CBS News business analyst Jill Schlesinger explains how to verify your charity before donating, what percentage of your donation should go toward programming versus overhead, charitable scams to watch out for and how new tax benefits work in determining your standard deduction.

Find out more about charitable giving here.

Financial Sense Wealth Management: Invest With Us
Subscribe to Financial Sense Newshour on iTunes