Welcome to the Money Maven's Financial Blog

Money Maven Blog by Sheryl Sutherland, Authorised Financial Adviser and Director of The Financial Strategies Group

Monday, 19 October 2009

Who's Counting?

I am! I am counting the efforts of Hilary Clinton in advancing the cause of women; and I have to say I am full of admiration. She has met with:• Women South Korean students• Talked with women chicken farmers in Kenya• Listened to excruciating stories of rape victims in Congo.• In South Africa visited a housing project built by poor women.• Met with women Israeli entrepreneurs • Met Iraqi war widows• Met Chinese Civic activists• Mentioned women at...

Womenomics

Recently the executive director of Unifem, the United Nations Development Fund for Women visited Australia. The director, Ines Alberdi discussed with Australian women the inertia surrounding the deteriorating level of women in senior positions. She stated that there are broadly similar problems in developed countries but in nations such as Rwanda there is still a fight to get women into higher education. In her native Spain as here and in Australia,...

Musings and Amusings

A branch of psychology – positive psychology has been researching happiness on our behalf. Happy people, they say, form stronger social bonds, are healthier, are more creative and effective at work and are better citizens. And no – winning lotto does not make us happier what seems to matter more than wealth is “psychosocial prosperity;” characterised by social support, public trust, safety and tolerance in a society combined with individual feelings...

Why?

Why do apologists for the Islamic burka claim it relates to piety and religious faith. The wearing of the burka is a reflection of political and male power. It dehumanises the wearer by isolation her from normal human interaction. She cannot see clearly and her ability to hear is muffled. She inhabits her own personal cell.It saddens me that Muslim women don’t revisit their imprisonment at mans behest, part of the male quest to keep women ignorant...

Finance and Investments

Is the recession over? Economists and pundits world-wide are pontificating – while I might add most of us are getting on with our lives.According to Warren Buffet, the world’s most successful investor the economy has “sort of plateaued at the bottom.” The Federal Reserve Chairmen Ben Bernanke has said the recession “was very likely over.” The recent surge in the S&P500 (the American Share Market Index) of 58% is certainly impressive as has been...

Everyday Money

You and I both know that it is easy to make mistakes – we learn from them and some of them are expensive – toy boys for example! But, if you are planning on being financially secure there are some money mistakes you cannot afford to make.1.) Paying the minimum on credit card balances. I’ve calculated it would take 19 years to pay off a balance of $3,300.00 at 17% annual interest rate. Pay those cards monthly.2.) Not developing a budget. A budget...