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Millennials want to save the world. They may be overworked, short on cash, and short on time but they still have a clear passion for saving the environment. As environmental movements have begun to gain ground worldwide, young people are finding creative ways to stretch their dollars and make a difference. Here are a few:
Many Millennials want to invest their extra dollars towards something greater than them. They want to make a little bit of money while still following their ideals. Sustainable investing does just that. Traditional investments, focused solely on return, are heavily skewed towards supporting industries that contribute towards trashing our earth with emissions and plastics. Sustainable investments solely deal with green companies and industries that are in harmony with nature. This is exactly what we do at Physis Investment. These investments allow you to make an ethical as well as a financial difference with your money. As green industries become increasingly popular and powerful, returns are set to grow well into the future.
Many Millennials are putting their money behind green endeavors through the use of green bonds. These bonds allow you to help fund green infrastructure projects and other things that go towards the common good!
Last but certainly not least is microfinancing. Microfinancing is the process of supporting local businesses that are trying to expand their operations. An example of this would be helping finance a local sustainable coffee shop expand and build a second location. This is an amazing way to spur further and greater change in the future while also having a direct stake in the health of your community.
Aside from the 3 methods mentioned above, there are a countless number of ways to make a difference. The important thing is to just DO SOMETHING! With a bit of effort from everyone, we can truly change our world for the better!
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