Welcome to the Money Maven's Financial Blog

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

Friday, 27 January 2012

Who's counting?

Interesting that the two energy sources New Zealand is not using are the cheapest. Political correctness perha...

Why?

Why are we being forced to use electricity? Is it too hard to attack sectors such as manufacturing, transportation, agriculture and deforestation? This is of particular interest to Christchurch residents who are being forced to use electricity as the main source of heati...

Finance and Investments

Women in developed economies have made substantial gains in the workplace during recent decades. Nevertheless, it’s still true that the higher up in a company you look, the lower the percentage of women.Research in Europe and the United States suggests, for example, that companies with several senior-level women tend to perform better financially. Hiring and retaining women at all levels also enlarges a company’s pool of talent at a time when shortages...

Why are we still stuck in this rut? Changing companies minds about women.

Despite significant corporate commitment to the advancement of women’s careers, progress appears to have stalled. The percentage of women on boards and senior-executive teams remains stuck at around 15 percent in many countries, and just 3 percent of Fortune 500 CEOs are women.The last generation of workplace innovations—policies to support women with young children, networks to help women navigate their careers, formal sponsorship programs to ensure...

Do women lack ambition? Not on your life.

Women want to succeed, yet even when they do “all the right things” Catalyst has found that they earn less and progress more slowly than men. The fact that some women adjust their career advancement strategies after crashing into institutional barriers is a rational response to inhospitable workplaces. It is not an example of a lack of ambition.Women aspired to be CEO in equal proportions as men. But the women—to a much greater extent than men—ran...

How to get to the other side of the debt chasm

Paying off debt doesn’t require a secret formula: 48% of people who’ve done it said they simply stopped spending on their cards, 28% stuck to a budget, and 15% took a side job.Living debt-free – what is it likeYou’ll live a fuller life. A full 60% of people surveyed felt that being in debt prevented them from really enjoying life. Picture what you’d put your energy into when your debts were paid.You’ll save money. Using 30% or less of your total...