In my climate action series, I’m sharing the behind-the-scenes of how I incorporate ecofriendly behaviours+ into my life (or don’t).
This post is about my banking setup and money management - both it’s current setup and what I’ve been procrastinating doing.
I’m currently using a few of the Big 5/6 of big banks who are investing in fossil fuels:
My TFSA is through RBC [long-term investments]
My personal and business accounts (mainly chequing and short-term savings) are in Simplii Financial, which is owned by Scotiabank
I have no plans to switch my 2 credit cards and medium-term savings accounts (even if one card is TD).
I am still procrastinating though, so I don’t have much more to share. It all seems really big, a lot of work, and not so urgent or time-sensitive, so…
I want to switch from RBC to a robo advisor - but I don’t even know what’s involved with setting it up. I don’t even know if I still have my years-ago research of it…
I want to move from Simplii to a credit union. Until recently, I didn’t know anyone who used one, so didn’t want to use it.
And those 2 switches have been pushed off for years now. It’s far down on the list of what I’m spending time on.
Sigh.
I don’t want to leave you with nothing though, so here are a few really helpful resources:
[I had others too, but they got lost when my laptop crashed in September]
*shrug