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Here at Good Capital, we strive to empower you through financial education. The more you know, the better you’ll be able to manage and plan for your future.
Earlier this year, we talked about how to invest in gender equity and how this pandemic has had a disproportionately negative effect on women. With Texas’ anti-abortion law SB8 taking effect last week, it’s a good time to revisit gender equity and talk about the economics behind abortion access.
So far out of the 4 ways you can align your money with your values, we’ve talked about what you invest in, who you bank with and who issues your credit card. Next up, what and where you buy from.
So credit cards…
We talked to Albert Meng, CFA who covered the credit card space as a fixed income investment analyst for Federated Investors. Here are his thoughts on finding the right socially responsible credit card for you.
Socially responsible banks ensure that the money deposited into your bank account gets used in ways that create positive environmental and social impact. Many people are becoming concerned about whether or not their banks are supporting their values. Here are some resources to help you find the best socially responsible bank for you.
We as a community wield immense power and together we can create change. Whether it’s choosing what you buy and where you buy from, who you bank with, or which companies you invest in, you can be intentional about what your money funds. With sustainable and socially responsible investing, we can choose to support companies that are aligned with our values.
Changing how your money is invested is up to 27 times more effective at lowering your carbon footprint than buying sustainably. Last week we talked about voting with your dollars by buying from companies that align with your values. This week we’re going to get into another way of voting with your dollars, your invested and saved dollars in particular.
We recently watched Ava DuVernay’s 13th on Netflix, which we’d highly recommend if you haven’t already seen it. 13th is a documentary that traces the history and link between slavery and today’s mass incarceration. Here’s what we found when we looked into whether or not we are in any way supporting the prison system in the US.
Investing in companies that we believe in, that share our vision for the future is more important now than ever. We want to help build a better future by directing our money to companies that are taking action and committing to our shared vision for the future. Companies that want to do and be better.
