Saving Money


As Americans tighten their belts, reducing their debt and budgets in their personal and professional lives going green has widely been thought to be costly, but facts are emerging to prove just the opposite.

“Going green is not only good for the environment,” said Houston based Waste Management vice president of the industrial segment, “It’s good for the bottom line.” At a 3 day Green, Energy & Climate Control Conference/Expo held in South Florida small and Fortune 500 companies alike attended a seminar on how businesses can go green.

The key note speaker pointed out the obvious benefit of going green to the planet, but also highlighted the holes in myths that going green is costly and results in loss of quality. Using light bulbs as an example, the key note speaker pointed out if you’re not using compact fluorescent lights or CFLs as they’re commonly referred to, you’re simply wasting money and reducing your businesses profitability.

Sustainability is the key to saving money and being eco friendly, it is the combined efforts that are practiced on a daily basis consistently that lead to substantial reduction of operating costs and less damage to our planet. The smallest of steps such as setting the thermostat at 78 degrees at the end of each work day, using plates and silverware instead of plastic and paper, and having employees use their own personal coffee cups/mugs can really make a difference to the planet and your company budget.

Going eco friendly is practicing wise debt reduction practices that will increase your company’s profitability and help to save our environment at the same time. Studies have shown that conventional utensils consumes less water and energy i.e. gas and electricity (saving you money) using tableware because plastic and paper must be manufactured, wrapped and shipped and then purchased weekly by consumers who expend more energy coming and going to purchase them for products that have a one time use and then must be processed for waste which begins the energy consuming process all over again, often with lasting consequences to the environment and budget.

The problem is that while some businesses do make some effort to be eco friendly they don’t make a comprehensive and sustained effort, it is reported that only 5% to 10% of businesses are seriously involved in sustainability.

In today’s economic environment it is bad debt management not to bring your business into this century’s eco management programs and being politically correct when it comes to the future of our planet is gaining a lot of weight with consumers who would rather do business with eco friendly companies. There is no down side to going green … its good debt management that saves you money, saves the planet and will result in your bringing in more of the $green$.

National Association of Certified Credit Counselors ISO 9001:2000 Certified on Quality Management System and BSI