About Me

Setting A Realistic Budget

When I decided to budget a little more carefully, I had no idea how difficult it would be. Fortunately, I was able to talk with a few financial advisors who were able to point me in the right direction. One of the best pieces of advice I received was about setting a realistic budget. I learned how to effectively manage my money, so that I didn't have to worry about paying my bills or letting my accounts overdraft. This blog is designed to help people like me who have previously struggled with money. Check out these articles for financial advice that might help you to set a realistic budget.

Setting A Realistic Budget

How a Socially Responsible Investment Advisor Helps You

by Leo Austin

Most people simply desire a healthy return on their financial investments. Their friends or family members may have recommended certain stocks based strictly on their past performance. After experiencing a bit of success, many investors move onto investing larger amounts through various investment firms. Their popular suggestions for potential winning stocks also have nothing to do with what they sell, how they create their products, or what impact their business is having on the community. Here are a few reasons to consider working with a socially responsible investment advisor. 

Ethical Concerns

Most investors want to feel that the companies they are associating with through investment opportunities are not causing harm or distress in the world. Companies that depend heavily on child labor, use harmful chemicals, and are causing local pollution can be avoided. Allowing the investment advisor to understand personal goals and interests is one way for them to research and offer socially responsible investments. There may be a social issue that personally is of great concern that can be shared with the advisor. 

Once a few companies are suggested, it only takes a few minutes of time to understand how they operate and how they are benefitting the community. The company may give back to a certain ground of people who are not currently being assisted locally. For example, the company may set aside a portion of the profits annually to give as grants for housing. They are filling housing needs of working people locally who simply need assistance. Help may also be given through educational opportunities and grants for trade school or college. The social need that the company is filling is usually discussed in detail on their website. They may even list how much money and how often they are helping others through various projects. Keeping the details of how they are affecting the community is one way for people to feel good about investing with them.

Assisting the Community 

Companies that have one or multiple projects assisting the community often are great places to work and observe local safety and pollution laws. Work with the socially responsible investment advisor to select companies that reflect similar personal ethics and are actively influencing the world in a way that is benevolent. Over time personal investment needs may change and need to be adjusted. Experienced advisors will be able to adjust personal investment holdings are finances change. Use these tips for your socially responsible investments