Monday, October 31, 2011

Occupy This...

So you want your money to matter huh? In light of the Occupy movement, I want to share this post. Don Shaeffer spoke at the national BALLE conference this summer. Several of us from Spokane were in the audience.

I think it's important to be part of the solution, don't you?

Six Things You Can Do to Accelerate Community Capital
Recommendations from Don Shaffer of RSF Social Finance at BALLE's Accelerating Community Capital workshop on June 14 about what we can each do right now to make a difference.
1. Change your bank--from a big one to a locally based bank investing in your community.
2. Put your short and medium term savings in CDs that are working for your communities—such as a RSF Social Finance or Calvert social fund.
3. If you stay with your big bank, engage them and inquire what part of their deposits from the region gets reinvested regionally. Write the CEO about community capital—they will actually write back.
4. Spend less, save more, and then invest it locally.
5. Make your investment in community capital the center of your savings, not the fringe.
6. Engage the community institutions where you live (universities, foundations, religious institutions and others) and ask them where they are investing their funds.

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