In a recent discussion, Adam Nash, the co-founder and CEO of Daffy, a not-for-profit community built around a modern platform for giving, shared his insights on the common mistakes people make with credit cards. According to Nash, many people use credit cards to buy things they can't afford today, essentially borrowing money from the future. This is how most people get into trouble with debt. Nash, who has been teaching “Personal Finance for Engineers” at Stanford since 2017 and has held high-ranking positions at Wealthfront and Dropbox, advises people to think of debt not as good or bad, but as a powerful and sometimes dangerous financial tool. He emphasizes the importance of using debt sparingly and only for investments that will increase in value over time. This is where Daffy comes in as a great option for a Donor Advised Fund (DAF). With Daffy, you can easily donate to almost every US public charity, track tax-deductible contributions, and access donation receipts all in one place. This makes it easier for you to manage your finances and avoid the common pitfalls associated with credit card debt. Daffy waives all membership fees for members with less than $100 in their fund, making it an accessible and affordable option for everyone. So, if you're looking to manage your finances better and contribute to causes you care about, consider getting your Daffy account today.