Posts tagged “spending”

ChittahChattah Quickies

  • [from steve_portigal] Teaching Children the Basics of Saving and Spending [NYTimes.com] – [We've explored people's attitudes and behavior around money in a number of projects. The power of education and influence at a young age is a clear takeaway from all that work, so this initiative is encouraging.] In the wake of the financial crisis and the realization that individuals share at least some blame for the bubbles, a number of people and organizations have taken up the cause of helping the next generation of grown-ups form better habits at an earlier age. Sesame entered the fray with a series of videos and other material aimed at teaching its audience about spending, saving and sharing. There is no definitive proof that any of this will make a lasting impact. “It would be 20 years before we would know the results,” said Laura Levine, JumpStart’s executive director, who served on Sesame Street’s advisory panel. But the beauty of watching young children absorb these lessons and answering their questions is that it can make you more aware of the financial examples you set.
  • [from steve_portigal] Lady Liberty Stamp Depicts a Vegas Replica [NYTimes.com] – [A failure of traceability/transparency, when a representation of a replica is mixed in with the original. But the USPS claiming to prefer the replica is confounding (as they apologize) – does sexy trump authentic here?] The United States Postal Service has issued a new stamp featuring the Statue of Liberty. Only the statue it features is not the one in the harbor, but the replica at the New York-New York casino in Las Vegas. The service selected the image from a photography service and accidentally used the 14-year-old statue that presides over thousands of weary gamblers a week. “We still love the stamp design and would have selected this photograph anyway,” said Roy Betts, a spokesman. Mr. Betts did say, however, that the post office regrets the error and is “re-examining our processes to prevent this situation from happening in the future.”

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