YAWNS

Written by: Kate Snyder, Development and Donor Communications Coordinator

I just added a new acronym to my lexicon. YAWN -- standing for "young and wealthy but normal" and being applied to a subset of rising young millionaires who are choosing not to wallow in their wealth but are instead living normal, frugal, and charitably-minded lives.

There was a great article on the YAWNs in Kiplinger's Personal Finance Magazine recently. You can check it out here. It's inspiring to hear stories of young people choosing to save the world with their zillions rather than see how many expensive cars they can stack up in their mansions.

My favorite thing was a quote at the end by Knight Kiplinger: "Your own financial security depends far more than you may think on the financial, physical and spiritual health of others in your community, our nation, our world. When you share your good fortune by donating your money, time and talent to charity, you help create a stronger economy and a healthier, safer world."

Amen.