Couple lives on 6 percent of income, gives rest away

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A couple in Massachusetts is committed to living on six percent of their income, so they can give the rest away.

Julia Wise is a social worker. Her husband, Jeff Kaufman, is a software engineer.

They earned $245,000 in 2013, but lived on just $15,000 of that.

The couple gave $100,000 to charity. The rest went to taxes and savings.

The couple views their money as belonging to whoever needs it most.

They’ve donated a comparable percentage every year since 2008.

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