Self-proclaimed former hippy Gordon Roome rediscovered his ‘peace and love’ roots and decided he wanted to make a positive impact on the world.
So the 65-year-old, who lives in Eastbourne, took out an Ethical ISA with Charity Bank.
“I’m of the love and peace Woodstock generation. I see ethical finance as a reaction against the whole greed culture. I don’t want my money going into the arms trade or anything like that; I want to put it to good use.
“I’m a baby boomer, so I’ve got some savings and have the luxury of deciding what to do with the money. I looked at several ethical ISAs. Charity Bank had very good reviews and a competitive rate.
“So many smaller organisations are trying to do a lot of good but haven’t got a lot of money. They can’t afford to advertise, so people don’t get to hear about them and they don’t get left money in wills and so on. The money you’re investing as a Charity Bank saver might be what’s keeping them afloat.
“I like to support those smaller, off-the-radar charities. I think it’s wonderful that, instead of having to give all my money to charity, it can be used to help good causes and I get the money back as well. It’s a win-win situation.”
About Charity Bank
Charity Bank is the loans and savings bank owned by and committed to supporting the social sector. Since 2002, we have used our savers’ money to make more than 1100 loans totalling over £400m to housing, education, social care, community and other social purpose organisations.
Nothing in this article constitutes an invitation to engage in investment activity nor is it advice or a recommendation and professional advice should be taken before any course of action is pursued.
Last reviewed: 24/02/2022