Many people today want to manage their money wisely, and they already understand the importance of investing in the stock market and the power of compound interest. So there’s no need to go over those concepts with them, as they are already sold on the idea of investing for long-term financial growth.
But as people of conscience, they also struggle with finding ways to invest their money that don’t result in the exploitation of land, people and other resources. They know that corporations sometimes are so concerned with cutting expenses and boosting profits that they have made poor decisions that led to them placing money over people, and that is unacceptable.
So what is the solution? How can one invest here and overseas without contributing to the exploitation of others? Is it even possible?
How to Invest with Intention
The solution for compassionate investors here is to invest their money with intention. What does that mean?
Investing with intention simply means that they put their money where their hearts are by investing in companies that are committed to fair practices at every stage of their business. The best way to do this is to invest in companies that are making a positive impact in the world. It may take some research to find companies whose goals and practices are in alignment with their own values, but the rewards are worth the effort.
For investors who are concerned about preserving the planet’s natural resources, it will be important to find companies which are committed to sustainable practices and environmentally responsible sourcing of materials and labor.
Those who want to make a difference in poor communities can look for companies that are involved in improving the infrastructures in developing nations. Many communities in these countries lack access to clean water, adequate food, education and medical care. So investing in companies that bring these services to larger numbers of people in those countries would be a good way to make an impact with their dollars.
These are just a couple of examples of how impact investing can be accomplished by those people who want to make a difference with their money without supporting companies who take advantage of others. With a little research and due diligence, it is very possible to find companies who share in one’s values and goals to spread prosperity throughout the world and make a real difference in people’s lives while building financial stability in the process.