Richer by the Day » Charity


Richer by the Day
Ongoing ramblings about personal finance, and all related topics. If it has to do with money, it will be covered here eventually.

Archive for the 'Charity' Category...

Filed under Charity, News, Review, Saving

Reducing the estimated 38 billion plastic water bottles discarded each year will obviously have a huge environmental impact. Those environmental benefits may be leading this effort to switch from bottled water to tap water, but the finances of making the change should also not be overlooked.

Cindy Crawford has joined the effort by teaming up with PUR Water Filtration Systems (PUR) to promote a limited edition Thirsty for Change water bottle. The aluminum water bottle is manufactured and sold by SIGG, the Swiss Engineered Water Bottle company. The idea is to reuse the bottle and fill it with filtered tap water instead of buying bottled water. The Thirsty for Change website claims that PUR filtered water is 1/10 the cost of bottled water, which will save an average of $600 per year. Filtered tap water is being promoted because PUR is the co-sponsor of the initiative but depending on where you live, you may be able to drink unfiltered tap water to save even more.

Any reusable bottle will allow you to make this change, but if you order the limited edition Thirsty for Change water bottle, all proceeds from the sale will benefit Procter & Gamble’s Children’s Safe Drinking Water Program, which helps reduce water-related disease in many developing countries around the world.

Personally, I use a Nalgene bottle that cost about $10 less than the SIGG bottle.




Filed under Charity, Credit and Debt

How does your income compare to the rest of the world?

If you make at least $25,400 a year, you are in the top 10%
If you make at least $33,700 a year, you are in the top 5%
If you make at least $47,500 a year, you are in the top 1%

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Filed under Charity, Investing

Socially Responsible Investing (SRI) is gaining a lot of popularity. The practice involves trying to maximize financial return while investing in companies that are deemed socially good. Such companies tend to favor policies of environmental friendliness, workplace diversity, fair treatment of workers, etc. Many socially responsible investors also avoid companies involved with alcohol, tobacco, and gambling as well as big oil or military contractors.

Whether or not such a strategy is “worth it” to you probably depends on how you define worth. If your goal is to make as much money as possible, then socially responsible investing

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