Green your moneyBefore you open an account, a little legwork on a bank will reveal its sustainability policies. Bank of America and Citicorp, to name a couple, are each spending tens of billions of dollars on projects to fight global warming.Paper-saving habits can include using a debit card or electronic payment services, such as PayPal, instead of checks, as well as rejecting receipts at the automated teller. A campaign from Coinstar encourages people to "recycle" loose change to spare the power and materials of making new coins. Options for socially responsible investing, or SRI, have increased among mainstream mutual funds. Some trailblazing "green" mutual funds come from Portfolio 21, Winslow Green Growth, and Green Century Capital Management. Tailoring a portfolio to your tastes requires research. Social Funds and Green Money Journal track this niche. Peer-to-peer lending services Prosper and Zopa take banks out of the picture. Kiva.org enables anyone to be a microfinancier by lending money to small businesses in developing nations. Modest Needs can help people closer to home.
Logging in...
Green your money
Collapse
X
Comment