How Our Money Behaviors Support a New Economy that works for All

As micro-cosmic creators of the new earth,  we are  committed to supporting a new economy that prioritizes the well-being of humanity and the planet. In order to achieve this goal, it is important to understand the various economies that shape our society and their connection to our personal finances.   Consider which of these “new” economies resonate with you and how your current money behaviors support the shift towards them. 

WELL-BEING ECONOMY
 This economic model emphasizes the importance of measuring success beyond traditional indicators such as GDP, and instead focuses on societal well-being, happiness, and fulfillment. When it comes to our personal finances, this means prioritizing investments in companies that promote the well-being of their employees, customers, and the environment.

REGENERATIVE ECONOMY
One of the economies that aligns closely with my values is the regenerative economy, which focuses on restoring and revitalizing ecosystems while supporting local communities. This economy prioritizes the well-being of both people and the planet and aims to create a thriving and resilient society. As conscious leaders committed to co-creating a new economy, we can support regenerative businesses and initiatives that prioritize social and environmental well-being. By aligning our financial choices with regenerative principles, we can help build a more equitable and sustainable economy for future generations.

DOUGHNUT ECONOMY
Similarly, the doughnut economy framework, developed by economist Kate Raworth, emphasizes the need to balance social and environmental needs within the constraints of planetary boundaries. This model encourages us to consider the impact of our financial decisions on both people and the planet, and to strive for a more sustainable and equitable future.

CIRCULAR ECONOMY
The circular economy is another important concept to consider when managing our personal finances. This economic model is based on the idea of creating a closed-loop system where resources are reused and recycled, rather than disposed of after a single use. As individuals, we can support the circular economy by purchasing products that are made from recycled materials, and by recycling and repurposing items in our own lives.
CARE ECONOMY
The care economy is a crucial aspect of our society that is often undervalued in traditional economic models. This economy encompasses the unpaid work of caring for children, elderly relatives, and the sick, as well as the paid work of caregivers in professions such as healthcare and education. When it comes to our personal finances, it is important to recognize the value of care and to support policies and organizations that prioritize the well-being of caregivers and those in need of care.

BAREFOOT ECONOMY
Finally, the barefoot economy is a term used to describe a simple, sustainable way of living that prioritizes connection to the earth and community over material wealth. In our consumer-driven society, it can be easy to get caught up in the cycle of spending money on things we don't truly need. As a financial planner, I encourage my clients to consider what truly brings them happiness and fulfillment, and to align their spending, saving, investing, and giving with their values and goals.

In conclusion, the various economies that shape our world are interconnected with our personal finances in ways that are both complex and profound. As a conscious leader committed to co-creating a new economy that works for humanity and the planet, I believe it is essential to consider the impact of our financial decisions on the well-being of others and the health of the planet. By aligning our money behaviors with our values and goals, we can create a more sustainable and equitable planet that works for all of humanity and the planet.