Author: Editor

The Power of the Purse

An Interview with Diane MacEachern

Diane MacEachern wants you to use your purse to build a better world. The bestselling author and founder of Big Green Purse has been working on environmental issues for most of her life.

?I was thinking about how to capture the message ? every woman has a big green purse. Whether they have a lot or a little money, every single woman has power in her purse.? ~Diane MacEachern

Someone who Walks the Talk

Diane is a true advocate and was involved in many grassroots campaigns, from strengthening of the Superfund Act, to keeping drilling out of national wildlife and banning of underground testing of nuclear weapons in Colorado.

Here are some of her career highlights:

  • Masters in natural resources and environment management and policy
  • Founder of Vanguard Communications, an public policy communications firm focused on environment, healthcare, energy, human rights, women?s rights and children?s welfare.
  • Seven years as vice chair of the Alaska Wilderness League, helping to protect wilderness in Alaska

Don?t Count on Capital Hill

While her focus on public policy was fruitful, she learned that the tides could change quickly with a single election. She began looking for ways to make impact that was not dependent on government regulation. ?According to Diane, ?The Big Green Purse is more relevant than ever, because we can?t count on Capital Hill.?

Why Women Have More Power than they Realize

So Diane began to look elsewhere. She had been interested in the intersection between women, health and environment. She spent time researching pressure points. It turns out that $0.80 on the dollar is spent by women in the marketplace.

?We realized that women care about the environment and are concerned about their health and the health of their families.?

Diane knew that mobilizing consumer clout to make big market shifts could drive manufacturing to change their ways. Commerce could be used as a way to put pressure on manufacturers to clean up their act. It was also the fastest way to protect consumers.

So she began to educate and write about healthy living and not buying things that were bad for people and planet. ?Big Green Purse provides great ideas for living a better life, including DIY, energy efficiency, green home ideas, personal care, and more. Diane shares with her readers ideas for using the power of the purse to drive cleaner, safer, and greener products.

The Dream: measurable impact

When Diane first started Big Green Purse, her team decided to test a small campaign. They inspired people to commit to shifting $1,000 of household budget to greener products and services. As it turned out, 6,000 people signed up for the challenge. That had $6 million in marketplace impact.

Her dream is to expand the concept of using our consumer power to drive even greater impact.

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Forget Tree Huggers: Investing in “What’s Next” is Investing for Good

What images come to mind when you think of investing for good? Tree huggers willing to sacrifice financial returns for purpose, perhaps?

It?s time to bust that myth wide open.?

As it turns out, investing for good can be more profitable than traditional investing. What does that mean for you? Even if your heart isn?t into saving the planet, it still makes financial sense to have a look at socially responsible investing.?

Green Alpha Advisors is a Colorado asset management company taking a bold approach to sustainable investing. Garvin Jabusch (CIO), Betsy Moszeter (COO) and Jeremy Deems (CEO)?sat with us for an in-depth interview to share with our readers why sustainable investing makes sense, even if you?re only looking for better returns.

Because it?s about investing in?What?s Next…

Green Alpha believes that sustainable investing makes more sense than traditional investing. Why? ?Because it?s about what?s next,? says Deems.

Green Alpha?s philosophy is simple: the companies solving the world?s biggest problems are the ones that will drive economic growth. Put another way, there is no commerce without an ecosystem. Those companies tackling the largest global systemic risks such as resource scarcity, climate change and widening inequality are the companies that will thrive in the future.

Q&A with the Green Alpha team

1) Why not just invest in an S&P 500 fund and forget about it?

Garvin Jabusch: The reason why people are in those broad market index funds is that they?ve been told that?s the best way to invest, and also, they?re just ubiquitous, and they have performed well. And they are extremely cheap. On that level, broad market index funds make sense. If you can pay 10 basis points (0.1%) for a fund, I can get why that looks attractive and why I?d want that.

But what if you want to invest in the Next Economy and de-risk your portfolio from resource degradation and climate disruption, how do you make portfolio choices? Well, not by selecting from an index list, but by starting from scratch and building a new model of an economy that works from the floor up…but these portfolios need to, over time, perform the equivalent or better than the index. And that?s the point. The S&P 500 and other legacy economy benchmarks are not the future and therefore not as interesting in terms of returns generation going forward.

2) Why aren’t the S&P 500 and other legacy economy benchmarks the future?

Garvin Jabusch: Because indexing is purely indiscriminate. If you buy an index, it does not matter what a constituent company does. You don?t care in the least what the company does to make money or how they will continue to make money and grow going forward. You just buy it because it?s in the index.

Think about the S&P 500. It contains 60 fossil fuel stocks. If you believe, as we do, that fossil fuels are going to be less and less important as a source of energy for the global economy, then why would you invest in these companies??This is where tree huggery has nothing to do with it. -?Garvin Jabusch

From last year, 2017, when electric vehicles started emerging and growing in a meaningful way, and as renewables continue to take over the power grid, it?s hard to see a source for growth for fossil fuels in the long term. And therefore why would you want to own those?

Well, you own those because you?ve indiscriminately purchased the S&P 500 for years. If you watch any of these finance channels, this is what we?re told:? just buy the cheapest index you can. So this is the paradigm we?ve inherited. Modern portfolio theory and the efficient market theory says you can?t do any better than the index so just find the cheapest index and own it.

But all that disregards the fact that the index is full of the legacy economy and the sources of large-scale systemic risks, that, by definition make poor long-term investments.

3) What?s the Blindfold Test?

Jeremy Deems: Every time investors buy an index, they bid up the prices of those companies in the index. Exxon is trading around 23x earnings yet has had shrinking revenue 5 of the last 6 years. That?s expensive. That?s way too high of a multiple for a shrinking company.

People are throwing gobs of money into the S&P 500. That means 1.5% of every dollar towards the Exxon share price even though it’s a shrinking company. – Jeremy Deems

But a funny thing happens when you blindfold the names of companies in the S&P 500 and start looking at fundamentals. ?On the one hand, here?s Exxon, one of the largest companies in the world. It has shrinking revenues and prospects from an industry standpoint, and it?s trading at a 23x multiple. Is that a buy? The answer from most equity analysts would be “NO.”

Then you hide the name of a Solar company that trades at or below book value and has been experiencing 30% growth, the same analyst would say that?s an undervalued stock. ?Fundamentals matter, both at a macro level as well as a stock-specific level.

4) Won?t Next Economy companies come into the S&P 500 eventually anyway?

Garvin Jabusch: Yes. Index turnover is a thing. These new economy companies will come into the S&P 500 eventually. But if you have a long term investment horizon, wouldn?t you want to own these companies before they get added to the S&P 500, so you get to enjoy the majority of the gains?

The S&P 500 has the 500 largest companies in the U.S. A material portion of their growth phase is behind them by the time they get added to the index. Then, once they are in the index, if they start decreasing in size, they have to shrink quite a bit before they get kicked out.

Betsy Moszeter: Most investors don?t understand that by buying solely the biggest companies, you?ve missed on the growth that got them there. And you lose money on all the shrinkage as index turnover is very slow. Activity in the stock market, in general, tends to lag what?s happening in the economy by a few years. Investing specifically in indexes managed like the S&P 500 lags that even further.

Garvin Jabusch: As an investor, you?re interested in investing in economic changes, which are happening more rapidly than at any other time in history. The rate of change is increasing, as well as the change itself. For long-term equity growth, it is critical to be on the right side of change.

5) How do you know which Next Economy companies will make it into the S&P 500?

Garvin Jabusch: We don?t know. But we do know what industries and sectors are likely to be represented, so it?s a question of selecting leaders among those that we can get for decent valuations. And we also know that there are 60 or more companies in the S&P 500 that will be shrinking going forward.

6) How about risk? How does your portfolio risk compare with S&P 500?

Garvin Jabusch: This is one of my favorite questions. What we do differently is all about a redefinition of risk.?It?s about ignoring the legacy concept of modern portfolio theory which defines risk very strictly as correlation with the benchmark. Today, almost everyone in asset management very much believes in modern portfolio theory.

But here?s the thing. When the economy was evolving less rapidly, you could say that the economy in the 1950s still looked like the economy in the 1940s. And the economy in the 1960s still looked a lot like the 1950s. Change was happening, but it was slow.

The 1950s is when modern portfolio theory was popularized by a guy named Markowitz and his famous book. And at that time, it did work. You could count on looking back 10 years and seeing what asset mixes looked good and had relatively good risk adjusted returns.

The old way is broken…

Markowitz?s efficient frontier thesis was brilliant, but it has come to be interpreted as ?just index, because you?ll never do better.? So you have the nearly universal belief that indexing is the best way to invest in public markets. So much so that even managers trying to reflect a sustainable economy end up merely trying to hammer an index into something “green.” So in order to arrive at something they can label a “sustainable portfolio,” and also stay correlated with the big benchmark, what they do is peer rank, using a questionnaire, the sustainability of companies in every industry.

This fails of course, because in reality, it’s absolute not relative sustainability that matters. ?Relative rankings are meaningless. It is absolute performance that leads to transformation and drives valuations. If you own big indexes with all of their fossil fuels, you may think you’re investing passively, but in fact you’re not. You are actively betting on systemic level collapse. I wonder if Markowitz would even agree with the present application of his theory.

You can?t just look backwards anymore…

The economy 10 years from now won?t look an awful lot like the economy today. We?ve already seen that happen in the last 10 years. So modern portfolio theory fails and yet we all live by it because it?s the paradigm we?ve all accepted. It?s all we?re taught in business school and it?s all we see on CNBC, and that?s why we remain in broad market indices.

Modern portfolio theory is your daddy?s and your granddaddy?s investing and it?s busted now and it?s time for everyone in GenX all the way to GenZ to throw out the inherited paradigm and start afresh.? -??Garvin Jabusch

7) Then what does redefinition of risk mean?

Garvin Jabusch: There?s this perception that the S&P 500 is the place to go for low risk equity exposure. Yet, if you think about what you are exposed to, you have tons of present and future systemic risk.

A redefinition of risk means no longer defining risk as correlation with the S&P 500. The S&P 500 itself is extremely risky. It is riddled with systemic risk to the global economy, starting with fossil fuels but also including things like glyphosate makers that are depleting farmland with deleterious water practices, and with all kinds of short term resource exploitation as opposed to long term resource management.

It?s time for the definition of risk in investing to correlate with actual risk to the economy, and not with mathematical beta risk to some benchmark. -?Garvin Jabusch

So if the index itself is quite risky in fundamental real terms, not in math correlation terms, but in fundamental real terms, then defining correlation with it as ?low risk? is nonsensical on its face.

This is what we need to subvert and get the whole world to recognize. Risk isn?t volatility versus a benchmark. It?s what actually has the power to undermine the global economy.

8) How do politics come into play?

Jeremy Deems: On the one hand, it doesn?t matter which party or individual in control of an administration or congress. It?s about the economics. ?If a technology makes more economic sense at scale, then eventually, despite best efforts to block progress, better economics wins out. Look at Iowa and many of the Mid-Western states and their mass adoption of wind power due to the clear economic advantage to produce cheap power. Just try to take their wind power away and see what happens.

Above all, it?s about the economics…

We do manage political risk over the medium to long term. How do certain changes affect an industry and its long term innovation curve? This is not a one or two-term thing.?Simply put, our approach is this: In order to have a vibrant economy, we must have a planetary ecosystem that is capable of supporting it. We can?t have any kind of commerce without an ecosystem. We invest in the Next Economy, one in which our footprint is dramatically reduced, therefore allowing our planet to support our economic systems.

It turns out that a petrochemical-based ecosystem is too hard on the planet to support economic growth when you think about the number of people we have to feed and the fact that everyone seeks better standards of living.?You can?t do that with an energy source that you dig up at great expense, burn it once, and don?t get to use again. That is a resource constraint. This is not a left or right issue. That is economics not working. That?s the crux of a Next Economy thesis. It?s got to be a circular economy. Waste has to have value until you literally can?t make anything else out of it.

We now have better alternatives to powering our economy from both an economic and environmental point of view. It’s critical to move capital towards these solutions and furthermore, these innovations represent massive levels of wealth creation.? -??Jeremy Deems

9) Has the U.S. lost global clout?

Jeremy Deems: Yes, there are significant U.S. political headwinds. There?s an entrenched interest in Washington to not disrupt the fossil fuel economy. This makes sense. People circle the wagons around what?s worked in the past.

Yet, here we are, with a clean tech revolution. We have the opportunity to take the lead, not only with IP (intellectual property), but also with technology production. Yet we?ve chosen not to. Or we?ll slap tariffs on things and say we can?t compete. Well, the reason we can?t compete is because we chose not to.

How un-American is it to say that we can?t compete with China who did subsidize solar (why is that a bad thing)? That?s why their process is now less expensive. We, on the other hand, choose to subsidize fossil fuels. We made our bed, and now we?re whining about it. -Jeremy Deems

Meanwhile, some folks who aren?t in the fossil fuel business are investing in some of the most efficient solar panels and wind turbines in the world. We should have been investing in this as a nation all along and competing harder.?President Xi has gleefully stepped in as the world leader in renewable energy. He has clearly taken leadership right away from the United States. From China?s point of view, it is gaining credibility, cheap and clean power, and market share, all while attracting new talent. China is now encouraging technological innovation the way the United States had done for most of the 20th century.

The silver lining…

Jeremy Deems: But there?s a silver lining. There?s been an interesting development. And now we have the data to point to it, which we didn?t have a year ago.

  1. People in general have decided that their capital might be more important than their vote. We are seeing a digging in by the most progressive companies in this country to fight for What?s Next. Some of the largest companies in the world are now striving towards. or have already achieved. 100% renewable energy sourcing. This is a tough country to do that in right now, yet it proves that the economics are better.
  2. The cost curve on solar, wind, and storage units has plummeted, despite headwinds to keep it from doing just that.

We?ve definitely seen empirical evidence that what?s happening in Washington is also having a positive impact in the US private sector, but also globally. Some firms are saying:? we?ll do business elsewhere. Others are doubling down on doing things on their own.

In the future, when we look back at this, even the tariffs, we will see that this was fuel on the fire for change more than perhaps it would have been otherwise. -?Jeremy Deems

People have been galvanized into the B Corp spirit – to use business as a force for good. But also, in terms of a cultural and competitive performance point of view, companies and investors want to take a leadership role in investing in What?s Next, in investing for good.

10) How have your portfolios performed over time?

Betsy Moszeter: Our portfolio returns are completely solid. Without a ton of disclosures added, I can?t comment on them specifically in a written interview, so I encourage you to look up the actual results posted on our website.

The Next Economy Index

Our oldest product is 9 years old. ?We call it the Next Economy Index. The Index contains all of those companies we love that are creating solutions to one more of our greatest systemic risks,. They’re well-run companies with strong management teams, that are trading at a good price relative to their peers for their proven and expected good growth rates. The Index itself is a great portfolio; further, the stocks that make it into the Index are then eligible for the rest of our portfolios, which each have unique portfolio construction goals.

Performance figures for the Next Economy Index Portfolio is sourced from the Green Alpha Partners website.

Sierra Club Green Alpha portfolio

We also have a Sierra Club-branded portfolio that is 7 years old. We are the only financial services company allowed to use the Sierra Club proprietary social and environmental screening criteria to build investment portfolios. This is a mash-up of Green Alpha?s forward-looking investment approach, and screens it against the Sierra Club?s rigorous criteria, including evaluation of a company?s operating history.

Historical performance for Sierra Club portfolio by Green Alpha Partners

Performance figures for the Sierra Club Green Alpha Portfolio is sourced from the Green Alpha Partners website.

Growth & Income

Our Growth & Income portfolio is more than 5 years old and it looks at those companies in the Index that tend to be larger cap, stable companies paying higher-than-market dividend yields. This appeals to a wide variety of clients looking to benefit from both the growth of sustainability-oriented companies, and the relatively high dividends that these companies pay out. Most of our clients who select this portfolio reinvest the dividends to benefit from the compounding effect on their wealth creation.

Historical performance chart for Next Economy portfolio from Green Alpha Partners

Performance figures for the Growth & Income Portfolio is sourced from the Green Alpha Partners website.

Shelton Green Alpha Fund

Finally, our the mutual fund that we sub-advise is called the Shelton Green Alpha Fund (ticker: NEXTX) and it is 5 years old. Managing increasingly larger accounts as we grow, our company moves more money in the economy and, therefore, has greater impact. We also strongly believe that every investor should have access to high-quality investment portfolios. While we offer relatively low minimum account sizes on the portfolios I described previously, the mutual fund has our lowest minimums and is our best ?democratizer.? People can start investing with as little as $500 and have a well diversified equity portfolio. It?s also a great option for employers to include in a 401(k) plan, as employees are increasingly demanding access to quality ESG investing vehicles or else they won?t participate in the company?s plan.

Next Economy Select Pis offered as a separately managed account or as a mutual fund called the Shelton Green Alpha Fund (ticker: NEXTX). Performance figures sourced from Green Alpha Partners’ website.

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How this Social Start-Up is Changing the Way We Shop

More people are choosing sustainable shopping

Ryan Lewis of EarthHero outside the office

Ryan Lewis of EarthHero outside the Boulder, CO office

*EarthHero is giving WellWallet readers $20 toward their first order.*

Ryan Lewis is just getting started. Last we spoke with the CEO of EarthHero, they had just launched their eco-friendly marketplace in time for the holidays.

Since then, they have expanded to over 60 brands and 1,000 products and expanded their community to over 20,000 members.

The Boulder start-up is now ready to bring their highly curated list of sustainable brands to a larger audience.?Much of their growth is due to their expanded presence online. ?The biggest change: they?ve gotten to know their customers a lot better.

?Much of our initial outreach focused on HOW we?re helping solve the sustainability problem by curating high quality, eco-friendly products.

However, we?ve realized our mission faces several challenges, and by people who care and want change. ?Which brands to trust? Which products create real impact, and what does that mean? Or, where to even start!? They are also expanding to Instagram and Pinterest. ?We want to hang out where our customers are hanging out.”

What problems is EarthHero solving?

Helping People and Planet

?People care. There is a growing population of people that care about the problems we are causing the planet. From ocean pollution, to greenhouse emissions, to natural resource depletion and animal rights, the list is endless.? ?

Sign with 1860 trees planted

EarthHero gives back to charity in various ways. They are a proud member of 1% for the Planet.

One thing everyone can agree on: ?we collectively create a lot of trash and it just doesn?t feel right. There?s a better way. And small changes are easy to implement. We?ll get there. As a community, we?re accelerating the impact of living more sustainably.? ?

EarthHero?s specialty is in promoting brands that use sustainable materials, treat their employees well, and give back to their communities. They want to make conscious shopping easy for everyone.

Addressing Shopper Fatigue

Lewis believes there?s also good amount of shopper fatigue. Shopping has become commoditized. There are thousands of choices, no relationship between the consumer and what they are buying, no connection to the impact of that purchase.

All of this ?adds to the hollow and chaotic feeling of having all of this stuff in our lives. On the other hand, shopping mindfully leads to good relationships with the things in your life. And that just feels better?, says Lewis.

 

What we don’t know about the stuff we buy

Ryan Lewis knows there are challenges. For example, most people don’t realize that the apparel industry is the second most polluting industry, after oil and gas. Even in Boulder, much of what is consumed and thrown away is out of sight, out of mind. Every time we accept individually wrapped samples, or buy that 10th pair of shoes, we don?t think about the manufacturing process and the impact it has on the environment.

Ryan standing in his warehouse

CEO Ryan Lewis at the EarthHero warehouse.

?It?s hard for people to know about the ways in which all the stuff is created in our lives and the impact to Mother Nature.

But this message is buried by the overwhelming marketing of big brands telling us we need to buy more and upgrade everything. I love talking about a different way. We can do better.?

 

So how does the team at EarthHero plan to do this? One way is to give people lifestyle roadmaps and guides to more conscious and mindful ways of thinking. And start small. For example, start with one-time use items.

Step 1: take the items in your life that you use one time and then throw away. Can you replace them with something else? None of us need to buy more plastic water bottles. And if you wrap your sandwich in aluminum foil, there are products that are re-usable and compostable.

Customers trust EarthHero’s vetting process

EarthHero?s customers trust the curation of good brands. Every time the EarthHero team onboards a new vendor, customers are raising their hand to support these brands. This is because customers know and appreciate EarthHero?s vetting process. ?Our community trusts us to make great decisions as we look for the best possible products available. We love product launches and our customers do too?, says Lewis.

EarthHero has a proprietary and stringent process for determining which brands to allow into their marketplace. ?There are Planet, People and Give Back requirements for all vendors.

EarthHero selection criteriaRefining the selection process has taken a lot of conversations. ?It?s getting more and more detailed. We listen to every piece of customer feedback?, says Lewis. For example, people don?t like the plastic that?s included in the apparel that is shipped. Some of that plastic is made from recycled plastic, but EarthHero is pushing their vendors to move to zero plastic.

A nice side effect of their selection process: vendors are starting to lean on EarthHero for their expertise in packaging practices. While they can?t yet offer products that are 100% sustainable, their goal is to accelerate the movement to help us get there as quickly as possible.

Launching a sustainable business? Keep this in mind.

More and more start-ups are looking to work sustainability into their business practices. Here are Lewis? top suggestions for up-and-coming social entrepreneurs:

  1. Stay true to your mission. Be really clear who you are and why you?re doing it.
  2. Remember that it takes time and timing. ??I oscillate between patience and persistence ? I mess things up when I get this wrong.?
  3. Be open to, but careful with advice. People will influence, challenge and support what you?re doing.?Listen, and apply if it helps you move your mission forward.?
  4. Listen to your customers. ?When you have an idea and you build the thing, as soon as you put it out there, you?ll get feedback. Be open to that feedback. Be ready to adjust.?
  5. Don?t pivot for the sake of pivoting. Really get to know the customers you?re trying to serve and the problem you?re trying to solve. If there?s a different method for accomplishing that goal without doing an overhaul, figure it out.

?We didn?t get all of these things exactly right and we?re still figuring it out. But every day we are learning.?

Related: How to Work Sustainability Into Your Business Idea

The Vision: 5 Years Out

In five years, Lewis and his team at EarthHero want to help accelerate the movement so it becomes normal.?

?Every time someone swipes or inserts their credit card, we want them to ask themselves: what?s the impact of my purchase? Am I investing in companies doing good, or not?

We want to help people make these conscious decisions the path of least resistance, the easiest way to shop,?as we shift to a more mindful consumer culture.

People don?t compromise on a mass scale, nor should they be expected to, so we aim to create an exceptional experience.”

Why sustainable shopping fits your budget

Would you like to purchase sustainable products but feel it is out of your price range? According to Lewis,??When you become more mindful about the things you buy, you buy less.?

In other words, do we really need all of those pairs of jeans? Or would a couple of high quality pairs from a sustainably sourced manufacturer be better? Sounds like a sensible approach to us!

Plus, over time, you will end up spending less when you purchase reusable products. Think about the cost (to your wallet and the planet) of all those plastic water bottles and sandwich bags. If you replaced these with multi-use products, you’ll save money?and our planet.?

Special offer for WellWallet readers

EarthHero is giving WellWallet readers $20 toward their first order. Check out their unique gifts under $50. Here are a few ideas for great products that support our planet:

  1. Sustainable electronics
  2. Eco apparel
  3. Travel backpacks, wallets, phone cases
  4. ?and 1K more ideas

Put your money where your heart is. Shop with intention and feel good about how your money moves in the world.

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What Holds our Interest Defines our World

Who is Capturing Your Interest?

The word interest is …interesting. There are two definitions:

  1. State of wanting to know or learn about something or someone.
    ?He looked around with interest?
  2. Money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt. “He’s paying 17% interest on his loan.”

If you really think about it, these definitions are more connected that they seem. Why? Because the way we use our money is an expression of who we are.? It is true that what we appreciate, appreciates. Spending time with our kids, putting in the hours to grow a business or volunteering at our favorite charity amplifies all of those aspects of our lives.? And guess what? The interest we give to banks has similar power.

How Banks Use Your Interest

When you place your money in a bank account, it doesn?t just sit there. The bank uses your money by lending it out to others. They make money from lending out YOUR money. And you may not always like where they put it. Some banks invest in things like private prisons and fossil fuels, or engage in shady business practices that hurt customers or communities. ?By the way, the same goes for the interest you pay on your loans.

So… How Much Money are we Talking About?

How big is the impact of your financial interest on the world? In 2017:

  • Global companies borrowed more than?$3.74 trillion dollars?to expand their businesses. Where do banks get the money they lend out to companies? You guessed it: from your deposits.
  • U.S. household debt reached $13 trillion dollars. The banks make money from the interest you pay on your loans, mortgage and credit cards. The average U.S. household paid almost $1,000 of interest just on their credit card balances.

Use Your Money To Express Your Deepest Self

Think about where you put your interest. Money has power. It is a mirror of who you are. It is an instrument that can help you evolve your own view of the world.?When you align your financial life with what you stand for, you will feel truly prosperous.

Start Small for Big Impact

This doesn’t need to be a huge overhaul. You can take small steps toward lining up your existing money (cash, loans, credit cards and investments) with institutions that share your evolving worldview.

No matter how much money you have, you have power to express your deepest self by the way that your money moves in the world.?Take your first step.?Check out these resources:

Wanna Change the World? Change Your Bank

Green Banking: We Found an Amazing Checking Account

4 Ways to make Real Money with Sustainable Investing

Divorce Your Bank in 8 Simple Steps

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