Sustainable Responsible IMPACT Investing Resources

From my viewpoint as a financial advisor, the Holy Grail of personal finance is finding balance between enjoying today while preparing for tomorrow. While enjoying today doesn’t necessarily require spending money, let’s be honest that it usually does, and often a substantial amount – whether in larger, lump sums or smaller, frequent expenditures. It’s not even just about “fun spending” for hobbies and travel. In the modern era of busy, nonstop lives, we gladly pay for convenience, and sometimes relaxation and rejuvenation, just to keep going on the hamster wheel.

Whenever you read an article about saving money, usually items like “stop buying Double Chocolaty Chip Crème Frappuccino Blended Crème coffee at Starbucks” are high on the list. That is a real drink, and doesn’t it sound delicious? If you are visiting Starbucks three times a day, then you might want to consider cutting back. But if you enjoy visiting a Starbucks patio on a Saturday morning to read a newspaper (remember those?), I think it will be okay. This sounds like a relaxing time for you. It’s time we revisit our grandparent’s motto: “Don’t be penny-wise and pound-foolish.”

The term “FIRE”, which stands for “Financial Independence, Retire Early” is a term that has been increasing in popularity over the last few years. “FIRE” is thought of as a way to escape a life of working in a stressful occupation for 40+ years before finally enjoying retirement. Although it sounds wonderful on the surface, it takes a very low-expense dedicated lifestyle in order to make this dream come true. Every city has a different cost of living. So we have created a case study to provide an example of: What does it take to successfully FIRE in Denver?

Scott Arnold, CFP® was recently a guest speaker for the popular Money Savage podcast. They dive into impact/ESG investing, how the space has evolved over the years, and how it’s possible to get great returns and manage risk. Listen to the podcast HERE to learn how to develop a portfolio of socially conscious companies. In addition, scroll to the bottom of our HOMEPAGE to see all the podcasts/articles that feature one of the IMPACTfolio partners!

We would be honored for you to join us for an ESG Panel of Denver Experts, including our very own Scott Arnold, on Thursday, September 12th. Registration is free: please RSVP here. Check out the bios of these five incredibly knowledgeable ESG experts: Akasha Absher, Alanna Fishman, Scott Arnold, Rebecca Jackson, and Ed Briscoe.

Our very own Julie Fletcher McDaniel is quoted in the US News Money article about how we sabotage our finances. Read the article here!