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You are here: Home / VeraSpectives / Economy / Save Your Pennies for the Earth

August 23, 2012 By Peter Leave a Comment

Save Your Pennies for the Earth

So if you want to know how the environment is doing, just ask your wallet. Many Americans are spending at least some money each month on earth-friendly goods. At the same time, many Americans are also devoting some of their monthly budget on products that are either so-so or bad for the earth:

Saving Pennies For The Earth

And, here’s the (maybe not so surprising) backdrop to this story – age matters (a lot!) in how you decide to save the earth. Younger adults (those who wave the environmental banner the loudest) are more likely to dedicate some of their money to organic food and downloaded (vs. print material); however, they are also more likely to buy bottled water and get their clothes dry-cleaned.

Age

 

18-29

30-39

40-49

50-64

65+

 

(% who spend more than $0)

Gas

77

85

82

87

88

Bottled water

65

75

69

68

53

Energy efficient products (i.e., bulbs, detergents)

46

55

53

60

60

Organic food

38

39

29

31

25

Traditional print material

25

38

39

49

62

Dry cleaning

17

21

14

17

11

Downloaded material for e-reader

17

17

13

12

10

I suppose we do what we can to help the earth, as long as it fits with our lifestyle. Or maybe we do what we can afford? Or, what’s recommended in the media we consume?

What’s your opinion on the age differences? Do you believe that on the whole this is driven by financial considerations – does it cost more to protect the earth, or do the long-term savings outweigh the short-term costs?

Filed Under: Economy, Environment, VeraSpectives

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