Welcome Back!
Today, Lisa and Jonathan talked about putting your money where your mouth is and investing green. It doesn’t matter if you live paycheck to paycheck or manage your own hedge funds — anyone can go green with their money. Here are our tips:
1- Use A “Green” Bank. Look for a bank which is active in the environmental movement. For example, some banks offer low interest rates for people buying cars which get at least 25 miles per gallon.
2- Direct Deposits. This is the easiest way to go green. It saves trees from being turned into paychecks, plus it cuts emissions for those bi-weekly trips to the bank.
3- Invest In Environmentally Conscious Companies. Now that your money is in a green bank, what should you do with it? One option, invest in an environmentally-conscious companies, like ones which focus on renewable energy research. Another choice, donate stock to a green charity and take the market-value tax deduction.
4- Be Aware Of “Dollar Power.” When you invest in a company, no matter how small, you gain share holder benefits. That means you can actively influence the company’s policy by attending annual meetings, asking questions and voting on issues. Many times buying stocks and participating in these meetings is a better choice than just boycotting the company all together.
5- Endow A Green Charity. The best way to make sure your principles live on past you is to put your favorite green organization in your will.
Thanks for watching!
We’ll see you bright and early Monday morning!