COMMENT:

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.

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Invest responsibly

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Pay your taxes

Spend mindfully

Think of the of the environment

Budget for good

Be kinder to yourself