Your Savings Could Do More Than Just Make You Money!
Thinking ahead to what you enjoy on holiday can influence your savings!
Did you think that your savings just sat in a drawer at the bank the whole time – earning you interest by just being there?
No, of course not. Your money is sent all around the world by your bank or financial company and invested into all sorts of ventures from gold to technology, and from energy to vaccinations.
But what if your bank is funding things that you disapprove of? Have you even asked them who they lend your money to?
Why Should You Care?
Well, firstly – you surely don’t want to be giving your money to any company that isn’t environmentally friendly do you? Or a company that abuses people or landscapes?
Would you give your money to a company that clears forests, pollutes waterways or displaces communities? Or one that abuses people, destroys homes and causes illness and disease?
What if you are spending money each month donating to charities which are using your money to fight certain developments – yet your savings are helping to fund the other side.
One set of funds is destroying a habitat – and you other money is trying to clean up the pieces!
What Could You Be Doing?
Well, you could be responsible for destroying the very places that you want to visit in the future.
Your funds could be clearing landscapes for farming, energy exploration, transport connections, and any number of other technologies without you really knowing that you are doing it.
If you were only looking at the financial returns at the end of your term or for when you retire then you are missing the point of the word: investment!
What is the point of investing in purely your own financial future – when the rest of the world is still being changed beyond your control.
So what you should be doing is making sure that the companies you invest in are doing what you want them to be doing. Check with your bank where they are sending your money before you give it to them.
You try to only travel with ethical companies and you buy products that are fair trade and sustainable – so why not check where all your money is going in the bank!
You could be paying an oil drilling company to cut holes in the Amazon with your pension – and also giving to a charity to try to relocate all the people and animals that used to live where an oil well is now situated.
And if you want to ever see those orangutans in the wild – make sure your savings account isn’t funding oil palm plantations!
You can do a lot of things with your money – so plan to spend it well!














