Welcome to the Money Maven's Financial Blog

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

Recommended Reading

Recommended Reading by Sheryl Sutherland: Girls Just Want to Have Fund$ - Every Women’s Guide to Financial Independence, Money, Money, Money Ain't it Funny - How to Wire your Brain for Wealth, and Smart Money - How to structure your New Zealand business or investments and pay less tax.

The Financial Strategies Group

We think for ourselves and make unique recommendations. We only recommend investments and insurances that are in the best interest of our clients.

The Financial Strategies Group

Most of us spend 40 years working to secure our financial future; the most important investment you can make is to purchase appropriate financial planning advice.

Contact us for a review of your investments and insurances.

Begin to experience the serenity that accompanies financial responsibility and integrity: email sheryl@strategies.co.nz, call 0800 64MONEY or visit our website http://www.strategies.co.nz

Showing posts with label Beauty. Show all posts
Showing posts with label Beauty. Show all posts

Friday, 2 May 2008

Everyday Money

Everyday I read advertisements which urge me to get rid of my wrinkles, change my body shape or alter my bust size - and the options don't stop there. The advertisers want my discretionary income, my everyday money, to create a new and miraculously better looking person.

The amount of money we spend on skin care and cosmetic procedures (which seem to become weirder and weirder) is phenomenal. Global skin care companies boast science laboratories which are better funded than most universities. The cosmetics industry spends $15-16 billion a year in the US, making profits of around $1 billion annually, it is the seventh largest industry in spending money on advertising - higher than telephones, beer and airlines. The cosmetic surgery spend is around $10 billion a year.

Don't get me wrong I love makeup, fragrance and have no qualms about collagen but I am beginning to feel somewhat uneasy at the cult of beauty which wants an ever increasing share of my money.