Can we become better financial citizens? The idea for this article came from a young person who has next to no money, but still puts 10 per cent of every dollar earned into a charity account.
Giving to charity isn't unusual of course. Even for those on low incomes. And nor is altruism/philanthropy the only aspect of becoming a better financial citizen. Every decision we make with our financial resources can be turned around for good.
The overarching concept of being a better financial citizen is nicely categorised by Sorted.org.nz's Tom Hartmann. He refers to "stewardship" of your money.