Archive for June, 2008

The credit crunch: One year on

The credit crunch: One year on
It was around this time last year that the first rumblings began emerging from the international markets of serious problems with the US sub-prime mortgage market. Many of us have felt the resulting effects of tightened credit conditions, and it’s far from over – in fact, it appears that things are still getting worse. The British Bankers Association recently reported that the number of new mortgage ...
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The reluctant eco-warrior

The reluctant eco-warrior
I have a dark secret: I have thus far been reluctant to embrace a green lifestyle.  To me, words such as ‘green’ and ‘eco’ summon thoughts of middle-aged, unwashed types who give their children names like Star and River.  Not to mention the fact that I derive intense enjoyment from long, hot showers and long-haul flights to tropical holiday destinations. And I don’t like mung ...
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Is thrift no longer a dirty word?

Is thrift no longer a dirty word?
No matter how tired you are of being endlessly broke, watching your mortgage repayments rise, and having to continuously put off getting the kitchen re-done because you just plain can’t afford it (not to mention those Gucci sling-backs that gave you the backside of a 16 year old), you’ve got to ask yourself: Is the credit crunch making it chic to be cheap? How many times in ...
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