Last time on Enrichmentality, we examined the equation ethical = expensive, and found that, in most cases, we can’t trust this assumption. Sometimes, clothing is cheap and nasty. But it can be expensive and nasty, too. In fact, some of the most expensive brands had the very worst environmental and social records according to the Ethical Fashion Report. But I came across something important when I was analysing the data included in the report. And that was the fact that most of the brands surveyed that sold exclusively or primarily children’s clothing scored abysmally.Continue reading “Did a child make your child’s clothes?”
Last year, I took a long break from posting, in part because I was working on other projects (finishing off my first novel manuscript, yay!). But it was also in part because I felt sick of talking.
Specifically, I was sick of talking about money to people who don’t want to listen.
If you have someone in your life who doesn’t want to hear it when it comes to money (or if you yourself don’t!) read on!Continue reading “How can I talk about money to people who don’t want to listen?”
It’s the holiday season! The most wonderful time of the year… At least, that’s what I keep telling myself as we watch The Million in this Queensland heat!
But the most wonderful time of the year can involve a lot of waste.
Every year in the UK alone, Cloud Sustainability reports, some 74 million mince pies are thrown away. As are 500 tonnes of Christmas tree lights.
Lining up every Christmas tree bought in a single year in the UK would give you a line the equivalent of a round trip to New York. And, the Guardian reports, enough wrapping paper is thrown away to circle the equator. Not once. Not twice. But nine times. And that is just the UK’s supply.
Yesterday while finishing up some gift shopping, I got to thinking about what the ‘silly season’ means. And, how we can avoid waste, save, and enjoy the holiday season.
Enrichmentality now has a wealth of posts – 130 in total. So I thought, what better time than the end of the year to delve into some of them?
Should you have to pay extra to bring your baby on a plane, or to a concert? Should an overweight person have to pay for two tickets? Or should an underweight person get an additional baggage allowance on their flight? Should students have to give up their seats to seniors when they’re both getting cut-price tickets? Continue reading “Should you pay for two tickets?”
A worrying new report names the so-called ‘Bank of Mum and Dad’ as Australia’s 5th largest lender. This ‘Bank’ – Aussie parents – have collectively lent their sons and daughters more than a whopping $65 billion dollars. Almost a third of parents now help their kids buy a home. The average amount ‘lent’ is $64,000. Why the scare quotes around ‘lent’? Because in two-thirds of cases, Mum and Dad don’t expect to be repaid. (In my book, that’s called a gift, not a loan).
But should you rely on the Bank of Mum and Dad? And, Mums and Dads – should you lend to your kids?
This post – a bumper issue that is the first to tackle two questions – is not only for those considering lending money within families, but also for those who have or will buy a home without family support.
Continue reading “Should I rely on the Bank of Mum and Dad? / Should I lend money to my kids?”
You may not realise it, but you are a script writer.
Every day, you are writing the script of your life. And just like in the movies, what you write into the script today will influence the eventual outcome of the story.
As Susan David writes in ‘Emotional Agility’, ‘We may not drive convertibles past palm trees or take meetings with movie stars, but each of us, in our own way, is a Hollywood screenwriter. That’s because, every minute of every day, we’re writing the scripts that get screened at the cinema inside our heads.’
As Australians vote on marriage equality, and the phrase ‘diamonds are forever’ marks its 60th anniversary, I thought it appropriate to ask how much you should spend on an engagement ring.
One usual answer is “three months’ salary”. Sometimes you may hear “as much as you can afford”. There are even (extremely depressing) calculators to “help” hopeful fiancés to calculate an appropriate figure.
If you’re a regular reader of this blog, however, you’ll realise “how much should you spend on an engagement ring?” is of course a trick question.
But it is one that is interesting for us all -of any gender, sex, sexual identity, or marital status – to consider.
‘You’re not the boss of me!’ It’s a common cry you might hear from a child. But as we get older, and go out to work, most of us do end up with someone we call our boss. Almost 90% of American workers work for someone else.
Early last year, I took out a T-shirt I had been waiting to wear for a while. It was one I designed myself.
Across the front, in the largest letters possible, it read ‘CEO of me’.
Like language, money is a symbolic system we use to communicate with each other. Kids’ exposure and sensitivity to language begins early, and the same may be true of money. The majority of opinions agree financial education ‘begins with children – the younger the better’. In the last post, we looked at what an important role financial education and family background has in influencing outcomes in life.
But where do – and where should – kids learn about money?
Having just returned from the shops with boxes full of melomakarona (μελομακάρονα, a dessert made of flour, olive oil and honey) and kourabiedes (κουραμπιέδες, a butter shortbread dipped in rosewater and powdered sugar) in preparation for Christmas in Greece, food is on my mind!