February, week 3 in The Simple Home
The Gender Pay Gap
Throughout the developed world, there is a significant difference between what men and women earn. In Australia the gap is currently around 17 per cent. All through their working lives, women usually earn less than men even when doing the same type of work; they move in and out of employment during the years they have babies and often work part-time when they do return to work. As such, a woman’s overall lifetime income is much lower than a man’s. As well as being unfair, this means that women’s superannuation is much lower than their male counterparts, putting them in a precarious situation as they age. I wish I had a solution to this problem. I wish we had politicians who were strong enough to stand up and work towards a solution. I don’t have the answers, but I do have some suggestions.
The list below is mainly targeted at women who have chosen to be at home to raise children or those who leave the workforce when a baby is born. It could also cover men who choose the same path. The main point of this list is to protect people who are working within a relationship for the mutual benefit of the couple and their children, who do not get paid.
February, week 2 in The Simple Home
While I knew from a young age that I would work when I was older, it didn’t occur to me until much later how vital work is. Work builds character, families, neighbourhoods and nations. I can say without a doubt that I am the person I am because of the work I’ve done – both in the work force and at home. The daily effort of earning a living and keeping a home operating builds layer upon layer of experience, skill, confidence, trust, character, responsibility, understanding and common sense.
There are several distinct stages we go through in life, each has it's own rewards and challenges and going through one stage often helps prepare you for the next. I've written about this in The Simple Home but I'll highlight how each stage is slightly different and the financial aspects that can make a real difference as you grow older.
February, week 1 in The Simple Home
We make a living by what we get, but we make a life by what we give.
Winston Churchill
Hanno and I made the transition from a frenzied working life to a more simple and beautiful one almost 20 years ago. Now we save what we can, care for what we own and we mend, recycle, reuse and repurpose. Using these principles, we've gone from being thoughtless spenders who bought everything we wanted, to mindful, self-reliant people living on a fraction of what we once did. We are also much happier.
We live on a low income so it's vital that we spend our money wisely, but it's equally important for those who have more than enough to cut back when they can. Mindless consumption has become the norm and if we continue to surround ourselves with products we think of as disposable, we will hand our grandchildren a planet that is not worth living on.
We still hear from politicians and business leaders about unlimited economic growth. I don't think there is such a thing. Our government tells us that our spending supports the economy, and, conversely, that we should be saving more. I agree, we should save more by cutting back on spending. Our support for the economy is evident when we buy and rent our homes, buy cars, furniture and groceries, and by working for a living. Supporting the economy by buying things we don't need is wasteful and focuses on one aspect of the nation's viability at the expense of others. Of course we need a healthy economy but strong nations are built on people. I think it's better to work hard when you're young to buy a home and pay it off quickly, then, when you've paid off your mortgage, step into a more frugal lifestyle and focus on family and living. That is when you get to enjoy what you've worked so hard for.