Mar 17 2011

the one for one model [day 295]

Blake Mycoskie, the founder of TOMS shoes, was a keynote speaker this year at SXSW.  Not only was it incredible to hear his story, but just to hear the magnitude of positive change his company has created in the world.  Here’s the best part.  Blake made this statement at the end of his talk.

“From this day forward, TOMS is no longer a shoe company. It’s a one-for-one company.  Our next step is meeting those needs around the world.”

Yes, TOMS is now a one-for-one company.  In June, they’re launching their next product.  You buy one, somebody in need gets one.  It’s a for profit model, and an extremely successful one.  I have to say here that I would love to go out and buy a pair of TOMS shoes.  With my one year of no retail shopping, unfortunately that’s not an option.  If I buy them used, a person in need will not get a new pair of shoes, however, even in the secondary market, good can still be done.

  • If I get them at a thrift store, that money goes to charity.
  • If I wear them, I’m marketing TOMS and this one-for-one model.
  • If I buy them used, paying less than retail, I’ve saved money that I can donate to one of my favorite charities.

How else can we apply the 1-for-1 model?

I’ve been pondering this question for a few days now.  I don’t know how anyone can hear the TOMS story and not wonder how we can all be a part of it.  TOMS is obviously onto something here.  I have a few ideas of how this could be applied in other ways to benefit TOMorrow.   Continue reading


Feb 26 2011

the minimalist challenge update [day 275]

I have to say, I never thought I would call myself anything related to being a minimalist.  I was raised in a very materialistic home and placed a pretty high value on having stuff.   So what exactly is a minimalist?  Here’s the dictionary definition.

minimalist

[min-uh-muh-list]

–noun
1.  a person who favors a moderate approach to the achievement of a set of goals or who holds minimal expectations for the success of a program.
2.  a practitioner of minimalism in music or art.

–adjective
3.  of, pertaining to, or characteristic of minimalism.
4.  being or offering no more than what is required or essential.

Every day, within my normal routine, I’m finding a lot of material possessions that I just don’t need, want or even use.  I have a basket set up as a staging area to get these things out of my house.  Not a day has gone by, within the last week, that I haven’t placed at least one thing in there.  I open the kitchen drawer and realize I have extra hot pads, I walk by a shelf wondering why I have a cluster of too many vases on it, do I really need that stack of books… you get the picture.  I like this new mentality.  It’s that same one that keeps me from buying impulse items, shopping for no reason and buying things just because it’s a good deal.

I suppose if I look at this, applying the definition, I din’t know how many people would say I’m striving to be a minimalist.  When you look at the part that says “required or essential”, does that mean for us to live or to live in our society?  My minimalism would be considered the latter of the two.  Clearly, I don’t need a car to live, I don’t need that cute art bowl on my table to live, nor do I need the most awesome hot tub in my back yard to live.  Comparing these items to our basic necessities of food, water and moderate shelter, it’s extravagant.  When compared to a middle class family, it’s the norm.

My house is considered small in the higher income, affluent city I live in.  I’ve thought about downsizing.  I even had a nightmare about it last night.  Worse yet, it’s a recurring one.  I bought a new, bigger house about 30 minutes north of where I live.  I got a good deal on it, so I bought it with the intention of selling my current house.  In this dream, I always forget I have the new house until the 1st mortgage payment invoice shows up.  I haven’t sold my house, I’ve lost the key to the new house and I’m not even sure exactly where the new house is.  I usually wake up from this nightmare in a panic, clenching my teeth, stressed out about something that never happened.

As Madonna says, we’re living in a material world, but I don’t want to be a material girl.


Dec 13 2010

I've saved a lot of money, but that wasn't why I did it [day 201]

I’m speaking tonight at Preston Trail Community Church, in the Financial Peace University class, about the “no retail” shopping challenge.  I didn’t start this to save money, but it did turn out to be a nice benefit.  Here’s a recap of the posts from the last 200 days that have to do with saving money and thinking differently.  Enjoy & save!!

Basic & small money saving tips

A money lesson from Barbie. [day 198] – You can learn a lot for a dummy, I mean a Barbie.  This has tips on teaching your kids about money, and even though it’s Barbie, it’s good for boys or girls.

Saving electricity [day 191] – It’s a small thing, but these add up, as my last utility bill was $52.01 on a 100% renewable energy plan, 1,780 square foot house with huge vaulted ceilings and 16 year old appliances.

White elephant gifts [trashogram] – Give it away or trade it.

Junk drawer [trashogram] – You know there’s money there and also in your couch cushions.  It’s not collecting interest, that’s dust.

Made in China [day 176] – Know the difference between cheap and frugal.

To buy or not to buy? [day 167] – Kids spending money and get a small loan, because your going to the movies and buying popcorn.

Ask the chickens [day 162] – Expiration dates and tips on not being wasteful.

Fine!  Dress me up like a fairy princess! [day 161] – Tips on thrift store clothing shopping.

Shopping tips [day 160] – We’ve been subconsciously trained by little yellow tags.  Buyer beware.  Continue reading