Avoid Guilt with Green Investing

When it comes to the world of finance, it comes as no surprise that corruption is waiting around every corner. Sadly, a vast amount of what most people consider corrupt is actually completely fair and legal in a business sense. When you are an investor, you want to make sure that you are doing what is best by your money and our morals. You cannot, in good faith, support a company that completely goes against everything you stand for, no matter how good the money might be. This is why it is a good idea to consider green investing. This is a new kind of investing strategy that can help you to feel better and avoid guilt by aligning yourself with companies that match your own code of ethics. To help you out with your choices, here are a few bits of information about how you can get involved with green investment management and begin making a real difference in how you use your money.

Green Investing for Beginners

To start the ball rolling, you might be curious about what green investing entails. Also known far and wide as socially responsible investments, or SRIs, this is a type of investment that is all about making sure that the companies you are supporting match what you believe is right and what you believe is wrong. If, for example, you are a big fan of the environment, you are going to want to make sure that you are not supporting any companies that stand against what you hold dear. It can be hard to get the peace of mind that you need when you know your money is going towards destroying the planet that you are always talking about and living on. Make sure that your morals are met the way that they should be and consider exploring the power of aligning yourself with green investment management.

Breathe Easy

Guilt can be a powerful master. When you feel shame or guilt over something that you did, it can make your life a mess. You will lose sleep, you will not be able to eat, and you will fixate on the one specific detail that made you feel this way. When it comes to investing, it is easy to feel guilty. A lot of companies have shady policies and practices, and generally these are the ones that can yield you the most from your investments. Luckily, you are not someone who ignores your morals for a little bit of money. The biggest advantage that you can expect when you begin your path towards green investing is a clear conscience. You will not have to worry about your ethical code being violated because you will know exactly how your money is being used by those that you are giving it to with your investments. Learn a little bit about the marketplace and make the choices that will allow you to sleep at night when you look into the power of socially responsible investments.

Money is powerful. If you are giving your money to the wrong company, you are supporting a cause that goes against your own morals. Remedy this by being on top of your game and looking into what an SRI can do for your future.

10 Tips on How to Save Money

Money saved is money earned. Let us look at 10 ways to save money in our daily lives:

1. Eat Less! (I was kidding! i meant don’t go out to eat in expensive outlets daily), Offline data entry jobs without investment in India

Many of us rely on fast food joints or hotels to eat to satisfy our food requirements. This could be due to a hectic schedule,but if you really look at the bills, it could cost us much less if we prepared food at home. Well, hotels and branded food outlets sell food at a very high cost and are also serve a lot of preserved items. For example, if you cook a dish made of rice and potatoes at home and compare the cost of a similar dish in a hotel you would be surprised. Cutting down on expensive parties also helps a lot.

2. Buy only essential items required

This tip is related to the general supplies for our home and many of the items that we buy could be just a fancy item. For example you could replace an expensive shampoo with a better and cheaper herbal alternative. Research your items before buying them because that extra price doesn’t always make it better.

3. Learn to re-use

We may have items which are either old or unfit for personal use. For example an old plastic mug need not be thrown away and can be used for something useful like holding your paint brushes and so on. We need to have a count on all items which we have in the house and either fix or re-use them unless they are totally useless. The best example for re-usability are plastic bags because they are the ones which are mostly thrown out after a single use.

4. Try to grow your own veggies in your backyard

Vegetables sold in supermarkets are stored for a long period before they can reach their destination. This increases their cost significantly and when you purchase them you are paying a premium for some veggies which can be grown in your own backyard. Why pay when you can grow them for free?

5. Set aside small amounts of money into a recurring deposit and never withdraw it (spread it across different banks)

After following all of the above tips you might have saved quite a bit of money at the end of the month. Do not even think of spending it, just look at various savings options and try to save very small amounts in different banks. After many years, you will be proud of your savings.

6. Reduce your luxury spends

Spending on Luxury trips and other stuff is good, but after spending the amount today you might find yourself disappointed in future. If you are spending for any luxury item or trip etc with credit card, then you are in for some big trouble. Because you will end up paying a lot of interest on overdue if any. Try traveling in economy class if travel is your way of life.

7. Write down every small amount into an excel sheet and analyze it.

Once this is done, you will understand where your money is going.Write down all the items or purposes that you have spent money in an excel sheet. Consider thinking on these lines – is it really required? are there any alternatives? You might find yourself making big changes to your monthly budget and possibly save huge money.

8. Wherever possible try to use free coupons and discounts

Coupons and discounts are a money savers favorite. Keep looking out for discounts both online and offline and choose what is best for you.

9.Keep yourself healthy to reduce medical bills

Health bills are the biggest threat to your budget, so you need to be a healthy person first. Offline data entry jobs without investment in India, Try some form of exercise and meditation with proper eating and sleeping habits. This will help you to avoid medical bills in the long run.

10. Try to save on Tax

Check how much tax you are paying every month and per year. List out all possible ways to save on tax and file early to avoid late payments and fines. Speak to a tax consultant in your respective country and find out how much of tax you can actually save per year. If you need to save in some savings plan to receive tax benefits, then doing so will be wise than to pay full tax on your earnings.