How Being Green can Help you Build Wealth

Being environmentally friendly can help you build wealth. For example, if you live in a smaller property, there is less energy that goes into building the home. Also, the less land you take up with your property, the more land is available for e.g. trees and forests. Living in a smaller property also saves you money on accommodation costs. 

If you drive less or drive a more fuel efficient car (or ride a bike or walk), you save more money and help the environment at the same time. 

If you eat less meat and replace it with e.g. beans then you also help the environment and also save more money. 

If you get solar power, you reduce your electricity bills and also help the environment.

Furthermore, many "green" investments e.g. ESG ETFs seem to be outperforming the broader indexes now. On the Australian Securities Exchange, ETHI and VESG are outperforming IWLD, and FAIR is outperforming A200.

So basically in many areas of life, being green meaing you make more money. Another benefit of being green is the psychological aspect e.g. being green can be a powerful motivator for saving money. Being green shifts your mindset, making frugality something you do not as an act of deprivation but something that you do out of purpose, which means you're more likely to stick with it.