Putting time to good use

If we spend less, or waste less, then we don't need to trade away so much of our lives for dollars.

So what are the other options for our time? Recently I've been looking at social enterprises - businesses whose primary goal is a social outcome rather than a profit.

Last month I reviewed the Fruit Butcher. Today I'm looking at the ground-breaking work of Green Fox Studio - who I also discovered at a local social enterprise showcase.

Who are Green Fox Studio?

Green Fox Studio trains and employs people to do graphic and digital design.

By itself that sounds unremarkable but Green Fox has a difference. Their students and designers are serving time.

How does that work?

We like to think prison somehow sets people straight. But 46% of people in prison end up re-offending and returning to prison. Others end up homeless. Many have reduced employment prospects due to their record.

Most organisations aren't willing to train or employ people with a criminal record. Green Fox studios is.

So how's it going?

Green Fox is now an award-winning studio and has trained 60 people. Less than 2% have returned to jail (compared to the usual 46%).

The cost of a studio which trains and employs 28 people is less than the cost to keep one person in jail.

They now operated in two states in Australia and are looking to expand, and help more people turn their life around.

In short

I was really touched by this initiative. It makes such an amazing difference. I wondered why something like this hasn't happened earlier.

I guess it's because Amanda and Kelly had the time and space to come up with this idea and make it happen. I guess this is what you can do when you're not spending every hour earning money to buy stuff you don't need.

Comments

How to waste a year's wages

A friend recently asked me why it is that so many people (on good incomes) are struggling to save. Often the big three money areas are housing, transport and food. In one sense these are necessary items. But what we spend on them is often way more than necessary. I crunched some numbers on how much extra my wife and I could spend on these things - if for some reason we wanted to burn our money. 1. Housing Our apartment is fairly nice, but also cost-effective. I've mentioned how choosing it saves us $1,800 per year , compared to a similar one we saw. The high end of 2-bedroom apartments in our suburb is $305 per week more than our apartment. Not $305 per week. $305 per week more than ours is. I cannot get over that. Sure it's new and modern-looking, but that's a lot of money. It's an extra $15,860 per year above what we pay. 2. Transport The Australian Automobile Association lists the costs of owning and running a car. It includes many often-overlooked c...

How much super will we have?

Will we be OK in old age? How much will we have? One of the great things about living in Australia is superannuation. Our employers are required to pay into an investment account for our retirement. In recent times, my wife and I have been in several conversations with friends who are wondering (or worried) if their balance will be enough. That's what inspired this article. Great question It's a great question to ask, especially around the age of 35 to 40. At that point, old age is less of a distant abstract concept. It's becoming a medium-term reality. At 35 the number of years of living off super is possibly more than half of your remaining years. At 40 you may consider yourself about half way through your working life. Looking at your balance, it's easy to think that twice that balance may not be enough. Read on, because I have good news for you. It's better than you might think As I've mentioned in earlier posts, compound growth means the investment grows f...

Happiness: 13 science-based hacks

I've recently been doing a happiness course through Yale University and am excited to find so many proven methods for increasing our happiness. Here's a brief summary of some of them. You can find out more and go deeper by doing the free online course . My previous article was about our brain often making mistakes in picking the things it thinks will make us happy. So the first part here is quick happiness hacks to get around that. The second part is about wanting the right parts of the things our brains think will make us happy. Then there's the course experiments I did - to 'rewire' our habits for greater happiness. 1. Quick happiness hacks Experiences make us happier that things Stuff doesn't make us as happy as we think. "A new car sticks around to disappoint you. But a trip to Europe is over. It evaporates. It has the good sense to go away, and you are left with nothing but a wonderful memory." Studies show that (compared to material pur...

But wait... there's less!

Search This Blog