3 min read
Our world is changing fast. The need for sustainable solutions for ourselves and future generations has become more urgent. What can we do? How can we find purpose in our daily self-quarantined and “shelter in place” states of being?
It is possible. We can make a difference.
We need to do what we can to contribute positively. Coronavirus has made evident that there are a lot of things outside of our control, so that which we can control has become even more important. So, what can we achieve collectively, as a community, 6 feet apart?
What separate but collective action can we engage in?
Times are changing. We are all isolated, but while separately and individually isolated, can we still serve and support our communities? This spirit may inspire us to engage in more collective action. This time to pause can inspire us to truly distill down the world into the elements of what is important to us, which relationships are essential, must be strengthened, renewed, and restored. Who we genuinely care for and who cares for has become blatantly obvious.
These are all important considerations and things to think about as we plan for life post-COVID 19. Daily we gorge ourselves on articles and press about which communities are being plagued by the virus and the hospitals being overloaded with inspirational doctors on the frontlines—ruminating over the data and numbers to see when our curves will flatten. But how about thinking about all the things we can do after we emerge from this chaos?
Can we help the world prevent other such pandemics in the future? What can we do? Can we help build a better world for all? Can we work towards improving educational systems, safer environments for children and teachers? Can we help increase representation for women and support increased career promotions, upward career development, and equal pay? Can we find equality for all communities of all races and sexual orientations?
What’s your cause?
I was saving up to buy a bigger home
Most of us have been scared to open our latest investment account holdings. It’s frustrating to think that we were so close to buying that next home, paying next year’s college tuition, or buying that new car. Now we may be years away. I was investing in companies that were doing well, but that’s all they were: companies that were helping me to reach that next big purchase or savings threshold in my investment accounts. Inevitably as we have all seen, our investment portfolios drop so uncomfortably that as longer-term investors, we do not even want to open up our accounts to check our investment portfolios.
Our approach towards our investments and savings should change as well. In more certain times, we still wonder how we plan for this. How do I save for retirement? How do I save for tuition? How do I save to buy my first home? What can we do to help us “Be calm and carry on” in these times of uncertainty? We can do transformative things with technology and our social consciousness is now catching up with the costs of these advancements. Such times call for a new way of thinking. It’s time to pursue business and innovation in a way that delivers both value and positive impact.
As a conscious consumer, have you ever contemplated that it could be possible to maintain your sustainable lifestyle while concurrently saving for your next big financial investment or purchase?
It is possible to marry saving for retirement and your next big financial decision while supporting the causes you want, whether it’s better healthcare, education, or a safer, more peaceful world.
Now you can combine sustainable living with saving for your goals
This unprecedented period in our lives is a unique time for us to step back to reflect on all that we can be grateful for. Perhaps this time leaves us inspired to do more to contribute the world for future generations. We can start by contemplating the most harmful issues that trouble the world and then prioritize those we want to help solve.
With these altruistic reflections may come moments to plan for our futures. During these times, we find ourselves daydreaming about all the things we want to achieve and accomplish when we can resume our lives. We may want to pull the trigger on buying our first home, open a Roth IRA for ourselves, start a 529 college savings plan for your infant, splurge on that adventurous vacation you’ve been drooling over or pay off our education loans once and for all. It is possible to support causes that are important to us while saving up for that next big household expense.
For more concrete steps, here are three easy steps to follow.
It is possible to save for retirement while supporting the causes you want, whether it’s better healthcare, education, climate or a safer, more peaceful world for all.