the social bank
DESCRIPTION
Presentation on how we need to re-think banking institutions and credit cards to incorporate social capital and social value.TRANSCRIPT
Credit cards and banks are uninspired!
We need them, but....
They make us crazy...
and stupid
They need a facelift
Maybe a full frontal?
To represent
more than just money
To represent social and “do gooder” capital...like
• Donations to charity
• Volunteer hours
• Nonprofit hours vs. for profit hours
• Time spent helping a neighbor…
What if social
transactions were
captured?
And combined
with financial
transactions
To give you a complete picture of your “earning”
and “spending”
What if you could accumulate
and borrow social capital?
$1= One One
HugHug
Just like saving and spending financial capital?
=
And get reimbursed in points…
like frequent flier miles
That could be exchanged…
For goods or services
from national
vendors and local
businesses
Or exchanged for a skill you don’t have…right in your own
community?
Or for cash to be
donated to a good cause
Or even to pay off your credit card or a loan?
Wouldn’t you want to spend and save more?
And feel good about
your spending,
for a change?
It might change the
way you look at money, at credit cards,
at the world….
Answer: COMMON SENSE!
What would we call this amazing re-invention?
thesocialbank.org
Join the capital revolution!