With there being so much media attention on environmental damage, many people want to lead a more eco friendly lifestyle. However, they also have concerns that this could negatively affect their finances. While it is true that some ways of eco-living can be costly initially, often you will find that going green can actually help you to save money and build wealth. There are lots of ways in which you can do this which will help you to reduce your environmental impact and improve your financial health, so it is a win-win situation. Here are a few ways in which you can do this.
Eliminate frivolous spending
In a materialistic society, people often spend frivolously on items that they don’t need. This is problematic because it requires energy to make these items, and they can then create waste when thrown out. Reducing unnecessary spending is good for the environment but can also help you to make huge savings.
Sell what you don’t need
Leading on from this, instead of throwing out items that you no longer need, you should look to sell them to a friend, online or at a garage sale. It saves them going to landfill and adding to the growing pile while also putting money in your pocket.
Shopping locally can help you to save money because you do not have to spend money on transport, which is also bad for the environment. On top of this, you are also supporting the local economy too.
Grow your own food
Growing your own food can help you to make big savings on your food bill, it reduces food miles and chemical use.It can also help you to eat a healthier diet and can be good fun too that the whole family can get involved in.
Making green investments is a smart idea because you are supporting the eco-movement while also building wealth in a fast-growing movement. California Farmland Investments at Crawford Park is a smart move where you can invest in almond orchards, which are becoming increasingly profitable and a responsible investment.
Insulate the home
It may cost some money to insulate the home, but it could help you to make big savings on your energy bill while also reducing the amount of energy that you consume and keeping the home warm in the winter too.
Change the way you get around
Electric car technology is improving, and they are becoming more affordable so making the switch can be a smart way to save money in the long term. Alternatively, you should look to reduce the amount of driving that you do and instead walk or cycle which is free, eco-friendly and good for your health.
As you can see, there are many ways that you can lead an eco friendly lifestyle while also improving your financial situation. Now is the time that people need to take action to reduce their environmental impact, but this might also be in your best interest financially too.