When you’re trying to pay off your monthly outgoings, your college tuition and any other credit card debts you might have, balancing your bank accounts so that you have enough money to live on towards the end of the month can be frustrating and mentally exhausting. If your salary isn’t high enough to get you out of the red and into the black, you need to maximise your income in sustainable, manageable ways, and your answer is careful investments. Here are some ways to invest cautiously and sustainably.
Shares in Green Technology
There’s no reason why investing in technology can’t be beneficial to the environment, helping you to make the world a better place to live and helping your own finances out in the process. If you invest in a share of a technology company that is trying to make the world a more sustainable place, you’re actually helping the planet out as you invest. Even better, you’ll have a more conscientious reason for wanting your share price to increase other than your own gain – you want to see the company do well so that they can further their research and development.
Purchase Art and Culture
When it comes to investing, creating a more sustainable planet doesn’t only mean investing in green technology. It also means investing in the arts and culture sector that are going to help make society more of an interesting place to be part of. Art makes up a large part of this, and if you’re interested in becoming a collector and you make the right choices, you could end collecting and selling pieces of art as an extra sort of income. Young and unknown artists sell their work for relatively small amounts, and if you look after it and the artist becomes well known, you could make a decent amount of money. You might also find yourself appreciating the art on your walls more, too.
The world of foreign exchange and stocks and shares might, overall, appear dangerous, risky and merciless, but actually, with the advancements of social trading, the bar to entry has been significantly lowered, allowing even the most novice trade to get a foot on the ladder and start making investments. Once again, if you read the news and open your positions carefully, you only have to invest in those currencies you believe are doing well as a result of conscientious governmental or economic policy, meaning your conscious is clean when it comes to making money, whether from foreign currencies or stocks and shares. Social features on trading platforms such as MT4 and MT5 offered by Alpari allow first-time investors to learn from more experienced pro traders to learn what strategies work and don’t work in given situations, so if you’re inexperienced, there’s no reason to believe you won’t be able to make any money.
Ultimately, there are a variety of sustainable investment opportunities for those who are interested in pursuing an extra flow of income without damaging the planet or other people – you just need to look.