The following BBC news article detailing the most noble of charitable habits of moral philosopher, Toby Ord, whose actions teaches us about frugal living which can not only help us, but can help others too.
So in these difficult times of financial cuts, we can all learn from Mr Ord on how to live within our means, as well as being aware not to spend too lavishly on presents this Christmas.
Toby Ord is a university researcher earning not much more than the average salary. So why is he giving away £1m over his lifetime to help address global poverty?
When Facebook founder and billionaire Mark Zuckerberg pledged to give away most of his wealth during his lifetime, some British commentators bemoaned the lack of philanthropy on this side of the Atlantic.
But an academic at Oxford University is living off little more than £300 a month in an act of charity-giving that is arguably more impressive than those of Zuckerberg, Gates, Buffett and co.
Toby Ord, 31, has in the past year given more than a third of his earnings, £10,000, to charities working in the poorest countries. He also gave away £15,000 of savings, as the start of his pledge to give away £1m over his lifetime […]
Read more: Toby Ord: Why I’m giving £1m to charity
Whilst we’re here, some more advice on the small matter of frugality: Become Rich by Living a Frugal Life