catapult magazine

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discussion

Earning vs Consuming

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farmer
Feb 03 2004
06:28 pm

What is it to earn money responsibly? What is it to spend money responsibly? Two very huge questions in my life. Two large topics of discusson, so I will focus on spending. I find it unhelpful to consider the “millionaries” until I have consider my own “millions.” I would like to share some basic principles that my wife and I try to enact.
1. Always ask, “need” or “want” before spending (Intentionality)
2.We try to not be ascetic nor gluttonous (We are Blessed)
3. Make Purchases that are “fair” to the environment and global and local communities. (Buy Local whenever Possible!)
4. Invest our savings money in Socially Responsible Funds, Green Funds etc. (We vote with our Dollars as shareholders)
5. 10% of all income to church, plus causes we are passionate about
6.Detailed Tracking of Spending ( I spend that much on beer?)
7.Share: Borrow, buy togther, Reduce, Reuse, Recycle

Hope, I am clear and I would like to know if others have similiar struggles with actually living out the above ideas!
Dan P