Tag Archives: money

 

It’s the money that moves us

We’ve moved through our education before a cold breeze hits us. Our transparent rainbow sphere breaks with a soapy "pop."

Next is the real adventure: move out, find a job, find a life, find a home, and keep chasing those dreams.

Keep chasing those aspirations – if you can afford it, if your student debt isn’t too heavy, if your parents are willing to support you, if you have any idea where to start, if you have the patience to continue – then keep chasing that ambition.

But I’m afraid it’s the money that really moves us. Sink, swim, or get a job at Wal-Mart. Just so long as you pay off that debt.

Example one: My friend (I’ll call him Bob for the sake of privacy) graduates with an English degree. Bob now wants to work in publishing. First, he moves back home because he can’t afford to live independently. Then Bob sends out resumes to almost every publisher in The Writer’s Handbook. Next, Bob realizes he’s more than broke, he’s seriously in debt. Eventually, he settles for a job outside of publishing and hopes the money hanging over his head like a blade will finally go away.

Example two: Me. I’ve graduated with an MA in creative writing and now want to write, write, write. I have no pressing student debt, thanks to my parents. Instead I have pressing rent, utilities, and taxes to pay. Every month there’s a slashing of bills into my bank account that bleeds it of the dollars I’ve saved.

I want to write, but I also need to live. Now that I’m married, my next step is to find part- or full-time work. Other authors have managed to build their careers while working other jobs, so why not me?

Why not me? Well it’s what I want, but deep inside I feel a sort of complacency that isn’t ambitious enough, isn’t desperate enough…and I’m not positive that my writing will make it.

I need to work and I’d like to enjoy my job. However, I’m afraid that, like Bob, I’ll throw me off track.

The money moves us…that’s scary to consider. It’s distracting, too.

Maybe I’ll go for a Ph.D. and stay in the bubble longer. But it’ll pop again eventually – you can’t hide forever, right?

I guess it’s time to step up to the challenge. Sink or swim.

Hopefully I’ll avoid the job at Wal-Mart.

 

Daycare: it’s more than just chatter

 

This morning's broadcast of the Today Show focused on a recently released study regarding the effects of daycare attendance on children's later behavior.  According to the study, which is documented in the current issue of Child Development, there is a correlation between the amount of time a child spent in daycare and the same child's behavior in sixth grade.  As reported by sixth-grade teachers, the children who spent more time in center-based child care were more likely to display problem behaviors.  The same study also noted that children who had participated in higher quality daycare before entering kindergarten received a higher vocabulary score in the fifth grade than those children receiving lower quality care.  Conducted by the National Institutes of Health, the study involving these 1,364 children, who have been tracked since birth, is the largest study of child care and development carried out in the United States.

In the tradition of wrapping up everything nice and neat with a bow, the Today Show's discussion of the topic can be summed up in a sound bite: parents choose your child care carefully.  While it is unrealistic to expect a thorough discussion of the study to be fitted into a five-minute segment, at least the information shared should avoid the trite.  Today's segment on the correlation between children's behavior and language development and time spent in daycare manages to be both naïve and trite.  Twice during the discussion, Matt Lauer commented that the cost of child care was not indicative of the quality of the care provided.  The notion that cost does not translate into quality child care ignores the fact that research has upheld that one of the best predictors of quality child care is the training received by the childcare providers.  Regardless of how or where this training is received, it is a cost that is often passed on to parents.         

The point Lauer made that it is the people who care for the children that are important, rather than the dollars paid by parents, is well taken.  Yes, the people who care for children should be nurturing and loving.  They should also be well versed in the whys and hows of child development.  Why should you speak to an infant, when he can't even talk?  Why do two-year-olds want to do everything for themselves?  How do you tell a parent that you have concerns regarding her daughter's development?  Knowledge, in distinguishing high-quality from low-quality care, does not come without a price tag.  When we demand that childcare providers offer educated care, it is only reasonable for us to expect that they will want payment and benefits commensurate with their knowledge and experience.

As is standard for morning news shows, a guest speaker in this case, child psychologist Neil Bernstein was brought aboard to highlight points of the study.  In explaining the increased vocabulary scores by those fifth graders who attended higher quality child care before kindergarten, Bernstein attributed the "constant chatter" he assumes is found in daycare classrooms as the key contributor to these results.  In another example of assumption living up to its reputation, Bernstein overlooks the emphasis placed on language development by trained childcare providers.  It is also no accident that quality childcare programs manage to actively engage children, thus minimizing the "hitting" that Bernstein marked as red flags of low-quality care.  Training, like that offered by Dr. Becky Bailey, founder of Conscious Discipline, gives childcare providers knowledge and strategies to foster positive classroom interactions.                      

Research continues to support what we have long suspected: caring for young children in daycare centers is much more than baby-sitting.  We know what children in daycare need: childcare providers trained in appropriate child development practices.  What may be more interesting is our response.  Are we ready to make the changes needed to provide all children with quality child care?  Can we make the jump from academia to reality?  Enough with the sound bites  been there, done that.

 

Patchwork: it’s not grandma’s quilt

Hey, I am all for recycling but $42,000 for a handbag? Yes, you read correctly. French icon Louis Vuitton introduces us to a fresh take on recycling. According to the March 13th edition of The New York Post, fashion house Vuitton is preparing to launch its Tribute Patchwork Bag. Reminiscent of my grade-school collage days, the $42,000 handbag will combine patterns selected from 15 bags from the Louis Vuitton spring/summer and cruise collections. No slouch when it comes to promotion, Vuitton is limiting the number of Tribute bags to 24. Only four of these handbags will be crossing the Atlantic to the U.S. And yes, for those of you with the dough, all four have been taken.

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According to the U.K.'s Daily Mail, Louis Vuitton and designer Marc Jacobs, along with company executives, created the concept as an attempt to stem the tide of mass counterfeiting that generally occurs when new bags are launched. No matter that imitation is the best form of flattery  if you are creating a product that is generating income, it is definitely preferable that you get to keep the bucks. That said, let's ask ourselves why we are willing to pay exorbitant amounts for an item that, while it may serve a helpful function (where else would you put the pound of make-up needed for touch-ups?), according to one enterprising reporter can be re-created for approximately $205?

What is it about us that makes owning collections of expensive shoes, handbags, and make-up so vital? In fact, it appears that our need to be included and yet just a wee bit better is what keeps the counterfeiters counterfeiting and the Louis Vuittons so sure in their ability to attract people willing to spend $42,000 on a handbag. In our consumption-driven world, the end is never in sight. Whether we are filling our closets with the latest fashions, juggling our planners to fit in one more appointment, or adding one more book about organization to our shelves, we acknowledge the ironies only to return to the feast. For a lucky 24, the exclusive Tribute handbag will be served. Louis Vuitton will gorge on an extra $1,000,000. Street vendors, with a new vision to hawk, can hope for some additional bread. Thanksgiving in March, we can keep on giving thanks that there is room for just one more at the table, err, in the closet.