Good Money Week 18th – 24th October

By Isabelle De Grave, Charity Bank

 (originally posted on Charity Bank blog on 1st October 2015)

The most important week for the Good Money campaign is fast approaching. Here’s what it’s all about.

Good Money WeekGood Money Week, 18th – 24th October 2015, is an opportunity to ensure those you trust with your money are looking after it well and using it in ways that benefit society and protect the environment.

What’s the big deal?

“It makes no sense to invest in companies that undermine our future.”

Desmond Tutu’s take on the logic of investment without concern for our future wellbeing is hard to beat and even harder to contest. As it is, the money we invest, or deposit with a bank, isn’t always invested in ways that are good for people, communities and the environment. Look closely, and you’ll find that money flows to some pretty unsavoury destinations, the arms trade, fossil fuels, gambling to name a few.

So we nod in agreement with Archbishop Tutu and dream of a better world. Or, better still, we look for ways to build one. . .

What is Good Money Week all about?

Good Money Week is about discovering new ways to make money work the way we want it to, whether we want to save ethically, invest for social impact or spend our money in ways that won’t leave the planet worse off than we found it.

As the Good Money campaign puts it, “We’re facing big challenges in the UK and across the globe: extreme weather, social inequality, scarce resources and a rapidly growing population… The amount of money channeled into solving these problems – in the form of investment into projects or more responsible companies – helps ensure they won’t get worse and that our quality of life, and that of our children and grandchildren, will be protected.”

So here’s to fossil-free ISAs, ethical equity and savings that work for good! If Good Money is something you want to learn more about and support, pop along to some events during Good Money Week.

How you can get involved

  • Follow the money saved with an ethical bank. In support of Good Money Week, we’re following the money saved in Charity Bank’s ethical accounts to the charities and social enterprises they help support. You can sign up here.
  • Email or write to your MP and ask them to support Good Money Week.
  • Attend a Good Money Week event or organise your own.
  • Read up on the issues and find ‘good money’ options for your finances. Some useful sites include The Good Money Week website, Good With Money, Pioneers Post and the Charity Bank blog.
  • Tell friends, family, your community group, customers, the media and anyone else about Good Money Week using the Good Money toolkit (currently being updated with new resources for 2015).

As the Good Money Week campaign reminds us, ‘Money makes the world go round’ but ‘Good Money’ makes it go the right way.

*This article originally appeared on the Charity Bank blog on 1st October 2015: http://charitybank.org/news/good-money-week-is-approaching-dont-let-it-pass-you-by