Important things to know about Sustainable Investing
As investing becomes increasingly common, we are also seeing a shift in where money is being invested. For many, choosing to put their money toward causes that align with their personal beliefs and values is becoming more important.
Using the free *Native American Financial Services Association (NAFSA) Financial Literacy Program, you can explore online playlists with many modules that relate to overall financial competency, whether this is understanding checking accounts or estate planning, our curated playlists will provide you with important information.
Sustainable investing is where the traditional investment goal of making money is combined with the goal of having an impact on something close to your personal beliefs and values. Deciding whether to make a sustainable investment involves many of the same steps as traditional investment. Unlike traditional investing, the investor must now balance the likelihood of long-term financial gain with the likelihood that their investment will support a positive impact on the cause tied to their own value. Common criteria for this type of investment are environmental, society and corporate governance factors. This is often referred to as ESG.
Our Sustainable Investing module, located in the Investing in your Future playlist explains sustainable investing and breaks down the ESG factors, and provides examples of sustainable causes. The module also discusses strategies that may be used for this type of investing, and the investment vehicles themselves. Like other types of investing, it is important to understand your risk and be strategic. In the case of sustainable investing, it is also critical to know your values.
The NAFSA Financial Literacy Program provides a variety of modules and tools with easy-to-understand information to help people better comprehend their finances and make more informed decisions.
Explore the program today: https://nafsa.everfi-next.net/welcome/nafsa-achieve
*The NAFSA Financial Literacy Program content contained on the NAFSA web page(s) referenced above, and on any subsequent pages created by our service providers/partners, provides general consumer information. It is not legal advice or regulatory guidance. There may be other resources that also serve your needs and you are always encouraged to, and should, consult with your own professional advisors prior to making any financial decisions.