Lebanon funds revisited to ensure wise usage
We can all use some investing practices to also help others around the world.
10:37 12 July 2013
More information is now available regarding the aid that will be used to help Lebanon. Reportedly many were wondering if the aid would be spent on the things which mattered most.
When we plan for our future, we often worry about whether or not we are choosing the right way to spend our money, or to invest.
Funds to assist Lebanon will be used for basic services and for creating jobs. Here are a few ways that you might consider investing your money while also helping others:
- Choose companies and organisations that commit to giving back part of their profits to impoverished areas, or helping out with a specific cause. Many companies have programmes, which help countries become successful, or provide the amenities with which we are already blessed.
- Select entities that have proof showing they cater to ensuring sustainable growth and farming methods that will not cause local people to suffer due to severe depletion of the natural resources. Investing in these types of companies makes life fairer for many people, and also helps protect the environment and utilize resources more responsibly.
- One of the other ways you can ensure that your investing habits help local areas is to have your portfolio manager help you ensure that you have enough money to leave to a charity of your choice as a part of your will. You may also be able to avoid inheritance tax if you have such a donation lined up for the future. You can also check into giving donations beforehand as well.
- Certain websites allow you to invest the in the businesses of others and you can earn a little bit of profit when that business is successful. Not only do you get some extra money, but you help someone achieve their dreams of financial success and security with wise investing.