Ideal Bite

News flash: The economy's in the dumper. It's times like these that you wanna put your money somewhere low-risk, and in spite of my lack of a degree in finance, I'd like to suggest a certificate of deposit (CD) with a green bank.

I recently funneled some funds into CDs with New Resources and HSBC. If you've been reading your tips, you might know New Resources as maybe the greenest bank in the nation, but HSBC's greenness was news to me. Turns out it's ranked first when it comes to climate change among big banks (as ranked by Ceres, which is this well-respected organization for responsible investors). It also offers a green credit card touted by Leonardo DiCaprio.

As of today, HSBC has a 4% APY CD deal - you give them your money for 6 months, and at the end of that, you get it back, plus about 2%. Easy.

-Toshio...off to spend my interest...

PS: Adam at NeighBorrow (a site that connects neighbors who wanna lend each other stuff) dropped us one about a new contest that could stuff your wallet. Deets are here.

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