plonkee money an english-er's thoughts on personal finance

March 12, 2007

isn’t it nice when your values make financial sense

Filed under: environment,ethics,plonkee — plonkee @ 1:23 pm

I believe that potentially irrevocable global warming is underway and that we all should do as much as possible to reduce our destruction of the planet. I’m not asking you to agree with me on this. If you disagree strongly, I won’t change your mind and you won’t change mine. If you think other things are more important then so be it.

Given that I feel this way, is nice to know that a good way of being environmentally friendly is to cut down on the amount of energy I consume. I no longer leave the tv on standby, I use compact flourescent bulbs for lighting, and I switch off lights and appliances when I no longer need them on. When I last bought a kitchen appliance (a washing machine) I chose one that was A rated for energy that had the features that I particularly wanted.

This is a good way of being environmentally friendly from a personal finance point of view because it saves me money.

Using less energy by switching the tv off properly and switching off lights and appliances costs nothing and reduces my electricity bills. Using compact flourescent lightbulbs is generally calculated to be cheaper overall, even though they cost slightly more to buy in the first place and the prices are coming down all the time. The washing machine I bought not only had the features I was looking for, but was also the second cheapest machine in the shop – I could have bought less efficient appliances for more money.

Its so nice not to have to make a compromise between what I believe to be the right thing to do and what is good for my bank balance.

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