Investing Your Money More Ethically


Investing your money is a great way to watch it grow and give yourself a better future, financially speaking at least. However, it can also be a minefield for those amongst you who are ethically minded. A lot of investment funds aren’t exactly the most ethical, which can present a dilemma – do you choose your morals or your wealth? Of course, this doesn’t have to be the case, and you can use your money more ethically. Here are just a few things you can do to invest more ethically than ever before:

Think of the Implications

The easiest way of ensuring that your investments and your ethics align is by sitting down and looking at the corporations you’re interested in investing in and seeing how far their reach extends. By doing this, you can pinpoint any potential areas where your money could end up funding things you’re opposed to before you invest so that you can look elsewhere.

Peer-to-Peer Lending

If you want to see your money grow, but you want to know that it is being used for something good and you want to spread the pot widely, so as not to attract too much risk, then becoming a peer lender on a platform like Folk2Folk could be just what you’re looking for.  As a peer lender, you can lend your capital to individuals or business who you can find out about before you hand any money over, so you can vet just how ethical they are likely to be. By doing this, you’ll be helping lots of people to realize their dreams and get their goals off the ground too. Oh, you can earn 7 percent or more doing this too! Of course, as with most investments, there is some risk, so do your homework first!

Use the Stash Investment App

For ethical investors who are new to the game, the Stash investment app is a real boon.     These stash invest reviews will give you a comprehensive view of what the app is all about, but basically, it is an app that allows you to choose investment that aligns with your ethics. It also allows you to stick with a level of risk you’re comfortable with, so you don’t have to worry unduly about your investment levels.

Ethical Savings Accounts

There are now numerous ethical savings accounts, which although they won’t bring in anywhere near as big returns as traditional investments, are a great place to park your money and earn a little interest while you’re looking for more ethical investment or when you need to have instant access to your cash.

Invest Locally

Instead of pouring your money into a big faceless investment fund, consider investing in your local community by offering loans to small businesses or non-profit organizations, That way, you’ll know exactly what you’re money is doing and you’ll be able to get involved with the day to day stuff if you wish to do so. Obviously, if you plan to do this, you’ll need to see figures, business plans, etc., and you should probably have a financial advisor look things over first, but it could be a very rewarding way to use your money.

Do you invest ethically? How do you do it?

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Prime Aque is the back-end guy of Self-Help. He is a blogger and WordPress front-end designer. Importantly, he is a husband and a father of three wonderful kids. His firstborn are twin girls. He loves writing and sharing.