The Common Good
June 2010

Move Your Money

by Ken Sehested | June 2010

I very much appreciate Jim Wallis commentary ("Time to Move Your Money?" March 2010).

I very much appreciate Jim Wallis’ commentary (“Time to Move Your Money?” March 2010). There are, however, better reasons for moving money than anger (much as it’s warranted) at the traditional big bank crowd.

Though their work is still woefully underreported, quite a few people have pioneered the work of community funding and microfinance investing. In my previous work with the Baptist Peace Fellowship, we initiated an effort called the Gleaners’ Project to encourage individuals and congregations to place at least part of their savings in institutions that provide working capital in poorer communities here in the U.S. and abroad. We set a goal for the initial year of redirecting $100,000 to alternative economic institutions. Imagine our shock (not to mention joy) when the total exceeded $1 million. It is a relatively simple, safe, and productive way to allow gospel values to guide decisions about money.

Ken Sehested
Asheville, North Carolina
Sojourners relies on the support of readers like you to sustain our message and ministry.

Related Stories

Like what you're reading? Get Sojourners E-Mail updates!

Sojourners Comment Community Covenant

I will express myself with civility, courtesy, and respect for every member of the Sojourners online community, especially toward those with whom I disagree, even if I feel disrespected by them. (Romans 12:17-21)

I will express my disagreements with other community members' ideas without insulting, mocking, or slandering them personally. (Matthew 5:22)

I will not exaggerate others' beliefs nor make unfounded prejudicial assumptions based on labels, categories, or stereotypes. I will always extend the benefit of the doubt. (Ephesians 4:29)

I will hold others accountable by clicking "report" on comments that violate these principles, based not on what ideas are expressed but on how they're expressed. (2 Thessalonians 3:13-15)

I understand that comments reported as abusive are reviewed by Sojourners staff and are subject to removal. Repeat offenders will be blocked from making further comments. (Proverbs 18:7)