What’s Climate Change Got To Do With Saving Money?

Everyone is talking about climate change and pending meteorological and natural disasters. Especially since 45 took office, some days it seems like the world is divided into two groups around climate change: the believers and the disbelievers.

I’m a believer which is why I try to reduce my carbon footprint, recycle and reuse whenever I can. I believe that small steps, with intention, leads to big gains. This applies not only to avoiding a cataclysmic meteorological event but a financial meltdown as well.

The examples are everywhere—from the stock market crash of the 1920s—to subsequent crashes in 1987 and 2008-2009; to the hundreds of thousands of Americans who declare bankruptcy every year; to the personal stories of unpaid credit card balances or school loans crippling a generation’s ability to buy a home.

How much better would you have fared in any of these situations if you had a little nest egg set aside? A nest egg of $5 bills, built over time, can add up to a sizeable sum of money. (I’ve saved almost $40,000 in $5s in just over 12 years!)

The threat of climate change and a financial disaster are more connected than you might first assume. Imagine if every living being on the planet adjusted their carbon footprint, recycled and reused? We’d be headed towards a much healthier planet. Ditto for saving money, especially as an alternative to spending money you don’t have on credit or by taking out a loan.

Caring for the planet assures a healthier Earth tomorrow. Saving for the future assures a happier, more secure and independent life to come. Not a bad thought as we head into the long 4th of July weekend.

Yours in $5s,





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