Hi all, was listening to the recent Build a Better Future podcast with Michael Mezz interviewing Ayana Elizabeth Johnson and she brought up a really interesting point that I wonder if people overlook.
Banks.
They function by using money given to them by us and loan that money out to projects and pay you back some interest as an incentive to remain with them essentially.
I'd never thought about it before and have been using Monzo for probably a decade or so now and I can't lie it's pretty good.
But for the effort of spending a few hours or even a day moving accounts to something significantly more environmentally beneficial then I'd love to.
Ideally though I want to retain as much of the "modern" functionality of slick online banking.
Is there such a thing?
Any recommendations you have would be greatly recieved.