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Motivation to save money and stay on track
By Tammy May

Are you participating in the Buy Nothing New in May Challenge? I’m loving the great tips and comments on MyBudget Buzz. Please keep us updated!

Here are some quick quotes, facts and figures that I hope will keep you feeling motivated and on track for the rest of the month. You’re nearly half-way there!

And if you haven’t yet joined the challenge, it’s not too late. It’s never too late to save money.

“Between 1996-97 and 2006-07, the volume of waste produced per person in Australia grew at an average annual rate of 5.4 per cent. In 1996-97, Australians generated approximately 1,200kg of waste per person. By 2006-07, this had increased to 2,100kg per person.” Australian Bureau of Statistics

“Australians are among the highest users of new technology, and waste from obsolete electronic goods is one of the fastest growing types of waste (ABS 2006).” Australian Bureau of Statistics

Australia’s credit card debt has reached nearly $50 billion. More than two-thirds of all cards attract an interest rate between 15 and 20 per cent, which means that Australians are spending around $7 billion a year on credit card interest charges.

“Too many people spend money they haven’t earned, to buy things they don’t want, to impress people they don’t like.” Will Rogers, cowboy, performer and social commentator

“In a consumer society there are inevitably two kinds of slaves: the prisoners of addiction and the prisoners of envy.” Ivan Illich, philosopher and social critic

“Every man is a consumer and ought to be a producer.” Ralph Waldo Emerson, poet and writer

“Shopping tip: You can get shoes for 85 cents at the bowling alley.” Unknown

“Buy, buy, says the sign in the shop window; Why, why, says the junk in the yard.” Paul McCartney, songwriter and musician

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