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Chris Farrell, Tiffany Hanssen and Elizabeth Shockman

How planned giving actually helps you save

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Is it possible that working out a strategy for charitable giving will actually help you save more money?

It could be.

"One way to loosen our attachment to money is to give some of it away," wrote Ross Levin, founder of Accredited Investors.

"By consciously and thoughtfully incorporating giving in our cash flow, we are addressing our fear with an implicit statement that we have enough."

Marketplace senior economics contributor Chris Farrell spoke to Levin about a counter-intuitive money-saving strategy.

To hear the full segment, use the audio player above.