Showing posts with label Shona Prophett. Show all posts
Showing posts with label Shona Prophett. Show all posts

Saturday, 19 November 2011

Teaching Money Matters in School - WHY?

Home Economics + Basic Arithmetic = Good Kousekeeping!


Shona Prophett gets into her stride on the state of the nation.

I've been watching the recent news and developments with regards to the petitions that are floating around the place. They are plying us with reasons to pledge our support to their cause, asking us to help bring money matters into schools as part of our basic education system. To be frank, I just don't get it!

School is a place for children learning the basics needed for their future adult lives, isn't it? These lessons are simple, they establish an elementary understanding of subjects that are important to everyone during future careers, regardless of what that career may or may not be. We can choose to listen and learn or we can tolerate these 'lessons' up until the point we have the freedom of choice to leave school and learn in another capacity - through life itself.

Some may see school simply as a place where children get sent during the day so they aren't wandering the streets with nothing better to do, biding their time until they are old enough to earn. School, like nursery, could even be seen as a place where children go so their parents can carry out activities other than childcare, like earning an income or anything else they see fit to do in the absence of their offspring.

Whatever any of us thinks of school, it is our right to have a basic education and our duty to provide similar for future generations. But it is not our duty to accept responsibility for the bad spending habits of others. We each receive a basic understanding of reading, writing and arithmetic, along with the simple concept of economics, be they home or otherwise, so common sense should prevail. But it doesn't!

Those who should know more than us have burdened this society with false beliefs that we should all be classed as equals, that we should all be able to partake of a decent meal, own designer labels, buy the most up to date gadgetry and possess all manner of luxury items. We should all be able to afford hobbies, pastimes and holidays, convenience and luxury should be readily available, en masse.

They led us to believe that we could all own our own homes and have the basic skills necessary to turn us into entrepreneurs or even just start our own businesses. But they overlooked one fundamental flaw in the plan - the fact that money is not a living entity. It cannot grow naturally, it cannot adapt to its surroundings and it cannot learn right from wrong. It is nothing more than paper, plastic and metal developed, manufactured and controlled by the chosen few who, to their disgrace, have been unable to balance the nations' books.

The concept is simple - take one pile of money, divide it be any number to whom you see fit to lend, then sit back and watch them pay dividends, by way of interest. If those payments fail, charge even more, add on penalties and drive the borrowers further into debt. Offer an array of incentives and promises of a better future, more security, better choices and the potential to feel good and then sit back, watch the borrowers borrow more and spend more, lining the pockets of the chosen few or those who chose to become one of them by sheer grit and determination. They all seem to have one thing in common - a total disregard for others when things, not surprisigly, go wrong. But there are always the 'get out' clauses of insolvency and bankruptcy!

This continual building of debt has now escalated to such a height that even they cannot fathom out an agreeable method to stopping it, let alone putting it right. Their solutions are to print more money, cut back on what they think is 'unneccessary' spending and make it even more difficult for 'normal' people to build real, reputable businesses that can grow to prosper and employ others.

They price ordinary people out of the market with legislation governing maternity pay, paternity pay, pension schemes, insurances, restricted working hours and minimum wage thresholds, then sit back and await the next emergency move.

But where do they go when all the previous options fail? They need to cast blame further and wider, so now we see the blame being laid on the children... If the youth of today and the common people had learned more, this may never have happened.

Well that is bullshit!

Those who dragged this nation to its proverbial knees were the very people who allegedly benefited from extra education. All their accumulated wealth of wisdom and expertise led us to where we are now, watching and waiting for the next global catastrophe that can quickly be assigned a few billion that adds to the amassed debt. They need huge tragedies, wars and disasters, so future generations can look back on history and point the finger of blame in any direction except that which is true. Nobody appears to have shoulders broad enough to support the burden of controlling what really cannot be controlled, so let's start again - educate the young.

To whom should we look for this teaching?

How and why are the current teaching methods allegedly failing us so badly?

Controlling a company, household or personal budget is nothing more than a combination of basic arithmetic and home economics, so why are so many people so bad at it?

Why isn't a closer look being taken at the education system itself?

Why are teachers failing to teach the basic principles of addition, subtraction, multiplication and division?

Why are parents failing to teach their children the basic skills necessary for survival in a capitalist society?

Is it not possible that some form of brainwashing has swept through our entire Western civilisation, engulfing an entire generation, and that generation is not the youth of today! Nor even is it their parents' nor their grand parents' generations.

There has always been poverty, unrest, unfair division and class differences. YES! I dare to suggest that we still live within a 'Class' system and I dare to deny the existence of this so-called 'classless society' or equality that was dreamt up by some 'numpty' who thought the only way to cast off blame from those who should have known better, would be to invite society's minions into their lifestyle of wanton greed and waste - offer them more credit, hold them down by debt, if they come out fighting, let them take the blame when it all goes wrong.

So, I guess what I am trying to say here is that, in my humble opinion, people won't learn lessons that they don't want to learn, even if it is taught in schools. Brainwashing is everywhere - it's called advertising! Unless we ignore all of that and accept that debt is caused by spending more than we have, then what gets taught in our schools matters not one jot.

It is up to us, as individuals, to challenge ourselves to live within our means and if speculative investments need to be made, have a back up plan in the event you don't quite pull it off in time.

Shona Prophett
www.shonaprophett.co.uk

Wednesday, 23 March 2011

Making Ends Meet with Social Media & Virtual Networking

SHONA PROPHETT on
SOCIAL MEDIA and NETWORKING

Frugaldom and microholding are all very well, but we still need to make ends meet. Bills won't stop arriving simply because we are moving house, nor will they decrease. In reality, they are going to double, temporarily (again), while we make the transition from one house to the next.

Keep in mind that we have had to dig up everything from this garden in preparation for the move to a place that has no garden at the moment. 2011 could be a completely non-productive gardening year. But we still need to eat, pay for the keep of the poultry and have enough income to make a start on creating a cost-effective garden system that will suit our needs in years to come. (We also need to make the house habitable.)

So where, exactly, does social media and networking fit into all of this?

Simple! I need to be able to communicate with other people. I need to be able to spread the word of who we are, what we are about and how we are going about what we're doing.  I need FREE help while making the transition from the rented house to our very own  fixy-up, forever house. The bottom line is that I  need to generate an income from my time spent online - and that means being a virtual socialite, deploying tactics that can net me cold, hard, cash. I need to be SHOWN A PROFIT and that profit needs to be sustainable while other sources of income are out of action.

Shona Prophett is essential for this task, as we can't simply 'make ends meet' while renovating a house and creating a self-sustainable microholding that includes regular income generation. It needs to be a great deal more than that - it needs a supportive network of people, whose combined knowledge store can be tapped into by making the most of social media.

I'll mostly be asking questions and hoping to receive helpful hints, tips and advice. But, in so doing, I am inviting answers from social media moguls who represent themselves, their businesses and their clients' businesses, so it works both ways... it's free publicity for them and lending a helping hand to the new frugal entrepreneurs of this virtual world.

There's also the fact that I've now set up The Microholding Daily - a free, online newspaper that's generated from all the content linked to my preferred list on Twitter. You could be part of that, if you play your Tweets right.

Join us in the Frugaldom forums if you'd like to discuss this further.

Tuesday, 28 December 2010

Shona Prophett on the Frugaldom Challenge in 2011

Hellooooooooo Fellow Frugalers!

Just introducing 'Shona Prophett' on here before the start of the Frugaldom Challenge in 2011 - £4,000 for a year, will I be Shona Prophett by the end of it? Who knows!

Getting started immediately, with £4k at the ready: £1,000 is in Premium Bonds in preparation for the first draw of 2011, so the starting figure for everything else is £3,000. Working from home should make the entire Frugaldom project self-sufficient, self-funding and, eventually, profitable.

It's going to be difficult juggling the various challenge budgets but I'll overcome any problems as and when they arise, with a little help from my friends.

Here is the link to the spreadsheet I'll be using.
(Right click the link and save file as whatever you want it to be.)

The above is the Frugaldom Budget spreadsheet - it shows all the budget amounts from which all expenses will be deducted, but it also has a seperate section to the right for all the other things not included in the household budget. If anything gets spent, it gets logged in the negative and anything that comes in from any of the categories listed gets logged in the positive. The household budget balance is still maintained but it then continues across to the overall budget in the lower right hand side of the spreadsheet. My challenge is for this figure to be positive or, at the very least, '0' by 31/12/11. Because the budget is supposed to beat the bank, the minimum this final figure should be is £20, to reflect the 0.5% interest that the £4k would attract had it been left in the bank - my reward, or profit, had I not needed to spend it.

I want to be 'SHONA PROPHETT' next year. But don't we all?
_________________

I was Shona Penny but it turned into a pound, so I'm now Shona Prophett
Check out www.shonaprophett.com/
_________________

I have just logged -£119.88 from the telephone budget, as I opted to pay BT an annual lump sum in order to make the most of their discount. Weekend calls are free, so no phone bills as long as we don't use the phone through the week. 1571 service cancelled - we don't really need it - but still got online billing for checking the monthly statements and calls plus the DD set up for internet calls to 0845. Despite this being a free number for many, it excludes internet dial-up, which is what needs to be used here once a month or so for updating a website. Keeps it otherwise free.

Going into 2011 with a grand total of £2,880.12 plus £1,000 of Premium Bonds in the hope of winning something, even if it's only £25. It will still beat the bank, working out at 2.5%

I'm planning on earning everything extra needed by selling surplus eggs, surplus stock, hand crafting decorative eggs, small investments, utilising cashback sites, using a cashback credit card for almost everything, negotiating discounts, trading and bartering, possibly trying a few free competitions, selling on eBid and hoping the interest rates increase so the monthly ISA interest payment covers the cost of the chicken feed. I'm also hoping to make the most of social media, learning what I can about it in a bid to generate some extra interest in the challenge.

As always, you are welcome to follow the Frugaldom challenges in our free forums

GOOD LUCK TO ALL WHO DECIDE TO PARTICIPATE IN 2011