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Move Your Money!

by Stephanie Casher on January 25, 2010

You’ve probably noticed that our economy has been in a tailspin for quite some time. While folks continue to throw blame around and argue about whose fault it is, I’ve been trying to find ways to do my part to reverse this trend of economic instability, environmental degradation, and spiritual malnourishment. I believe we DO have power as individuals to enact change, and that the small gestures of many can make a big difference. Just ask Obama. Or Haiti. :)

Anyhoo, there’s a movement sweeping the nation right now called Move Your Money, which I think is freaking genius.

Part of the reason our economy is constantly on the brink of collapse is because we have all our proverbial eggs in one basket. In too many sectors, the power/wealth/resources are in the hands of few, and those few are not making decisions that are in the best interests of the greater community. One example of this problem is the bloated banking industry. Arianna Huffington and Rob Johnson co-authored a fabulous piece examining all the different ways big banks contributing to the economic collapse:

Move Your Money: A New Year’s Resolution
Bill Maher also wrote some pretty hilarious commentary on the subject – Stop the Abuse: It’s Time to Break Up With Your Big Bank
I won’t be able to take part in this movement, because my money has been in my local credit union since 1994, so it doesn’t need to moved. But I love the idea of it, and can do my part to spread the word. I think that people should be thinking about ways they can reinvest in their communities (like shopping local whenever possible or boycotting Walmart). We can’t rely on the government to fix this, or the banking industry to regulate itself. We need to be a little more proactive, a little more creative. I really think the “Move Your Money” folks might be on to something…

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