News | Features
18 Jun 2021 23:57
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business > Features

    Gifts that Give on Several Levels

    Perhaps the most important assignment in a university course I teach on financial literacy has little to do with finance. Worried that the course might send the message “the more money you have the better”, I ask the students to think about how money and happiness are related.


    In an exercise that readers might like to try, each student lists at least ten people they know well, and then rates each one for wealth, with 1 being relatively poor and 5 being rich. There should be at least one 1 and one 5. They then similarly rate each person for happiness.

    I ask them to work out the average happiness score for each wealth level, and bring that information to discussion groups, where we calculate the group averages. The results so far: there has been no correlation between wealth and happiness.

    The students then think about the happiest people on their lists, and comment about what many of them seem to have in common. Frequently mentioned are good health, a positive attitude, supportive family and friends and so on.

    Often the discussion turns to the happiness people feel when they give to others, whether financially, through volunteer work or in less organized ways. And research shows that, indeed, this is a common source of wellbeing.

    All of which leads me to Christmas presents. Every year, many of us give our relatives and friends heaps of stuff they don’t want. But there’s an alternative, through which you can give your loved ones the pleasure of giving to others.

    You choose from a charity’s catalogue the items to be given – in the names of your relatives and friends – to people in need. You might, for instance, pay $12 for your child to give a chicken to a family in a poor country. The charity will send you notification of this to give the child.

    Charities that offer this include:

    • ChildFund New Zealand: 0800 223 111 or www.childfund.org.nz

    • Christian World Service: 0800 747 372 or www.cws.org.nz

    • Fred Hollows Foundation: 0800 227 229 or www.giveamiracle.org.nz

    • Leprosy Mission: 0800 862 873 or www.reallygoodgifts.org.nz

    • Oxfam: 0800 600 700 or www.oxfamunwrapped.org.nz

    • Save the Children: 0800 167 168 or www.wishlist.org.nz

    • TEAR Fund: 0800 800 777 or www.giftforlife.co.nz

    • Unicef: 0800 243 575 or www.inspiredgifts.org.nz

    • World Vision: 0800 245 000 or www.giftsofhope.org.nz

    COME AND REPRESENT INVESTORS

    The government’s Capital Market Development Taskforce has been working for months on many issues, including how the whole investment process could be improved for the ordinary investor – from simple, clear disclosure about every investment through to easier redress for victims of ripoffs.

    On Wednesday December 16 the taskforce will reveal its recommendations to the government at a breakfast in downtown Wellington, attended by Commerce Minister Simon Power. This will be followed by a lunch the same day in Auckland.

    The taskforce, of which I’m a member, would like to invite ten members of the public to attend each function, as representatives of all the New Zealand investors who the taskforce hopes will benefit from its recommendations.

    To be in the random draw to be there, send your name and address to mary@maryholm.com, putting "Wellington breakfast" or "Auckland lunch"
    in the subject line, or mail it to "Wellington Breakfast" or "Auckland lunch", Capital Market Development Taskforce, PO Box 1473, Wellington, to be received by December 8. Winners will be notified directly, and listed in this column in two weeks.

    © 2021 Mary Holm, NZCity

     Other Features News
     10 Sep: Spring clean your finances
     13 Aug: Plan ahead to give yourself a debt-free Christmas!
     10 Jul: Wise up to clear credit card debt
     07 May: Ways to prepare for the unexpected
     30 Mar: Time for a financial progress check
     10 Feb: Studying up on NZ Super
     10 Jan: Managing the back-to-school bills
     Top Stories

    RUGBY RUGBY
    Disappointment from Taranaki head coach Neil Barnes, that loose forward Lachlan Boshier has been let go by New Zealand Rugby More...


    BUSINESS BUSINESS
    The Auckland Tuatara will miss a second straight Australian Baseball League season, citing ongoing uncertainty around Covid-19 More...



     Today's News

    International:
    Taliban taking back territory as Australian and US forces prepare to leave Afghanistan by September 23:26

    Rugby League:
    Adam Pompey has bounced Rocco Berry out of the Warriors side to play the Knights tomorrow 21:56

    Entertainment:
    Kanye West "likes spending time" with Irina Shayk and is happy to enjoy things as they progress 21:41

    Law and Order:
    Police say they'll be reviewing their footage from a major gang member's funeral...and following up any infringements 21:16

    Entertainment:
    Dwayne Johnson has topped PEOPLE magazine's list of 100 Reasons to Love America 21:11

    Entertainment:
    Cheryl eats a meat-free diet three or four days a week 20:41

    Entertainment:
    Kelsey Grammer has teased "some things will be different" with the 'Frasier' reboot 20:11

    Entertainment:
    Sharna Burgess definitely wants to have children 19:41

    International:
    Victoria's Secret signs Megan Rapinoe and Priyanka Chopra Jonas in brand makeover bid 19:36

    Entertainment:
    Reese Witherspoon had panic attacks "for weeks" before filming 'Wild' 19:11


     News Search






    Power Search


    © 2021 New Zealand City Ltd