Cruelty Free Money

Keep your money cruelty free..

If you are not investing and saving ethically, how much blood is on your hands?

When you save and invest, your money doesn’t disappear into an old shoe box somewhere and magically earn interest or profit until you need it. If your money is in a bank account, then it is lent to individuals who need to borrow or companies who need to borrow. If these companies make their money from human rights abuses or animal exploitation, then you are paying for them to do it.

Amnesty International/Watchdoc

If you invest via a Superfund or similar fund then your money will, in most instances, be invested into the shares of trading companies. That makes you a part owner of the business. Does it trouble your conscience if some of the companies that you own are making money for you by abusing children or exploiting animals? If it doesn’t bother you, then I am not sure what you are doing reading this blog. If it does bother you, then now is the time to decide whether it bothers you enough to do something about it.

By doing something about it, I do not mean that you get upset for a little while and then rant and rave about the fact that someone should do something about it. It is up to you – it’s simple. Either you are happy killing children or animals or you are not. If you are not, then you need to move your money to somewhere where this isn’t going to happen. No one is going to make this move for you – you must do it. ALL money invested in shares, unless it is subject to a written, public ethical policy will just invest your money anywhere the managers feel like and in many cases this is going to be into companies that you don’t agree with. You need to choose a fund with a stated ethical policy, such as Cruelty Free Super in Australia and Kames Ethical Equity in the UK.

Have a read of this article and then decide – you are either part of the problem by leaving your money where it is or you must move it somewhere ethically safe. If you don’t make the choice, then the financial industry assumes, probably quite rightly, that you actually don’t care who or what is exploited in your name for the sake of a dollar. The logic is simple – if you did care, you’d do something about it. Wouldn’t you?

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