Thanks to technology, it’s possible to stay on top of your banking anytime you want. Not only is this helpful for you, but it can also be helpful for the environment.
Mobile Banking and Your Finances
I love mobile banking because it provides me with a way to keep track of your finances all the time. Whenever you want an idea of where you stand, you can check your account for information. It’s possible to use mobile banking to transfer funds, and accomplish a number of other tasks.
Mobile banking provides you with a great deal of convenience and access. I especially like that many banks now allow for remote check deposit. All you have to do is take the appropriate images of your checks and send them along. It makes the whole process easier, since you don’t have to go into the bank in person. Just as long as you shred the check at home, you can manage all aspects of your finances remotely.
You can also catch problems sooner with mobile banking. From errors to fraudulent purchases, the ability to check your account can help you identify problems much sooner. Mobile banking provides you with greater convenience, as well as a greater amount of control over your bank account. You can be more informed, and you can take care of problems faster.
What About the Environment?
Mobile banking can also help the environment. I got to the brick and mortar version of my bank now that I have mobile banking and the ability to deposit checks remotely. As a result, I am using much less gas, and there are fewer pollutants in the air.
If you combine mobile banking with the ability to go paperless, then you can do even more to help the environment. If you opt to receive your statements electronically, it means fewer trees cut down, and fewer greenhouse gases in the environment.
Switching to mobile banking can also have effects if you encourage others not to use paper checks as part of the effort. There are a number of services, from PayPal to Popmoney to Google Wallet that allow you to send and receive money from others without the need for writing a check. You can reduce the paper in your life, and help the environment, when you cut back on the paper checks.
On a larger scale, mobile banking has the potential to make an even bigger impact. If more people adopt mobile banking, physical bank branches could be smaller, reducing their footprints. PayItGreen estimates that if 20 per cent of Americans switched to electronic bills, statements, and payments every year, the savings would be huge: 150 million pounds of paper and two million tons of greenhouse gases.
That’s a big deal, and illustrates the power of collective action. If you can go with mobile banking and paperless finances, and convince others to do so as well, there is a very real chance that, not only will you be doing your part, but you will be part of a larger effort as well.
What do you think? Do you like mobile banking?
Twenty-first century living can be very harmful for the environment. You only have to consider recent disasters such as the BP oil spill to see this. Then there is our everyday living that is often hard on the environment. Many countries, ours included, have food shipped in from every corner of the world to our local markets. Many people drive large, gas guzzling vehicles as a status symbol. Others don’t believe in global warming and are not worried about the effects of their actions.
However, all is not doom and gloom. There are many other ways that our twenty-first lifestyle can also help protect the environment. As more people become aware of sustainable living, the prices of products which benefit the environment, such as hybrid cars, are falling. The drop in prices means that more and more people can buy more eco-friendly products.
In addition, there are changes to the way we live that make supporting an eco-friendly lifestyle more attainable. One of these conveniences is online banking.
Online banking has come a long way in a very short time. Most online banks offer basic products, such as savings and checking accounts, but there are also more complex products such as wealth management available. Some even offer structured products. Depending on your needs, make sure to do your research before signing up for an online bank because there are many banks to choose from.
Online banking is a boon for both the environment and your personal finances.
Eco-Friendly Advantages to Online Banking
Many online banks are entirely online, meaning there is no brick and mortar locations. This means there are no branches requiring energy, maintenance, and manpower to run.
In addition, customers can do their banking from the comfort of their home. There is no driving required, so fuel consumption, at least on this errand, is zero.
Finally, most online banks send statements and other materials via e-mail rather than in paper statement form. Resources are being saved through online banking.
Financial Advantages to Online Banking
Because online banks often don’t have brick and mortar locations, they usually have less overhead, so they can offer a better interest rate to customers. This can benefit you when you have money in a savings or checking account because most traditional banks are paying abysmally low interest rates. At least with online banks you get a little bit more for your money.
In addition, if you’re looking at investing or investment management, you’ll usually pay much less in fees when using an online bank. Of course, the less you pay in fees, the more money you can retain, whether for growing your wealth or your retirement nest egg.
Besides paying less in investment fees, you’ll likely pay less in fees for all other aspects of your banking needs, too.
Online banking is just one 21st century convenience that makes it easy to be eco-friendly AND make smart money decisions. That’s why it’s our preferred method of banking.
What about you? Have you switched to online banking yet?
Electric motorcycles and scooters are fitted with a motor. Electricity is stored on the vehicle in a rechargeable battery that can be powered from any external electricity source.
The overriding factor for many bikers in choosing an electric motorbike is the environment. If you’re concerned by current pollution levels and the detrimental effect it has on the ecosystem, then an electric bike offers a greener alternative to motorcyclists.
No gas means zero emissions. If more people buy and use electric bikes, there will eventually be a reduction in air pollution, welcomed by many in heavily populated towns and cities across the country.
Electric bikes also have a significant impact on noise pollution. The electric motor is nearly silent, which is another big attraction, especially in quiet residential areas. The deafening roar of a powerful petrol-fuelled bike in the early hours of the morning is unlikely to make the rider popular with the neighbours.
Electric motorcycles don’t just help the planet; they’re also good for your pocket.
Running a bike on electricity is much cheaper than running it on gas. You’ll save money as you have no fuel expenses. The onboard rechargeable battery can be topped up without causing too much of a drain on your electric meter.
With no petrol or oil involved, there is much less maintenance required in the upkeep of an electric vehicle, meaning you’ll save even more money by avoiding hefty bills from garage mechanics. Continue reading The many advantages of purchasing an electric motorbike
Greenifying your life has undeniable benefits. Being conscience about the environment can have a tremendous impact on your personal finances. If you and your family get into the habit of conserving energy, this can reduce your energy costs and increase your personal savings. Likewise, going green and reducing the number of toxins in your environment can have a huge impact on your health.
However, going green and being environmentally conscious requires certain lifestyle changes. There is an adjustment period, and unfortunately, some people aren’t committed to the effort. But if you start slow, greenifying your life can work.
1. Update your household appliances.
If your appliances are overdue for an upgrade, don’t purchase any type of refrigerator, dishwasher or washing machine for your home. Look for the Energy Star logo or ask your retailer to suggest appliances that are energy-efficient. Choosing a more energy-efficient appliance for your home might cost more. But there are ways to swing this expense.
For example, some people purchase appliances with low interest rate credit cards with no annual fee. A good interest on credit cards increases affordability. If you pay off the balance within the low-rate period, you can avoid interest charges.
2. Buy organic fruits and vegetables
The majority of produce at grocery stores have been exposed to pesticides and other chemicals. Even if you clean your fruits and vegetables once you bring them home, your family may be exposed to toxins. This can increase the risk for certain cancers and other illnesses. If you want to go green, eat organic foods. These selections are slightly higher, but there are ways to offset the cost.
For example, you may consider purchasing your produce from the farmers market, or growing your own fruits and vegetables. Likewise, you can purchase your groceries with cash back credit cards. Some reward credit cards pay up to 5% cash back at stand-alone grocery stores, which can save you money on future trips.
3. Go paperless
Using less paper conserves resources, and if you switch to paperless statements, you’ll have a share in protecting the environment. Think of the amount of mail you receive each day from your credit card companies, your bank and even your insurance companies. If you have an email account, you can quickly and conveniently access this information online.
Go to your bank and creditor websites and switch to paperless statements. Once the company processes your request, they will send all correspondences to the email address on file. Are you considering whole life versus term life insurance. Although monthly premium is a decisive factor, look specifically for life insurance companies with green options, such as paperless statements and paperless policies.
4. Make your own cleaning supplies
You may love the scent of a particular household disinfectant. But many cleaners on the shelves contain chemicals that pollute the air and release toxins into your home. There is a better, safer way to disinfect and clean your home. Buy organic cleaners or search instructions on how to make your own homemade cleaning solutions. Oftentimes, you can make solutions with products already in your home.
Take responsibility for your environment, your health and your personal finances. Going green doesn’t have to break the bank. You may have to get financially creative in some areas – but your health and the health of your family is worth the effort.