What advice would you give this cash-strapped teacher?

Teacher
Teacher (Photo credits: www.myparkingsign.com)

The other morning I was listening to a radio show and a teacher came on with a terribly sad story. She said all she could expect as a pay increase this year was a 6.5% salary adjustment, which would amount to R250 ($23) a month.

She didn’t elaborate. I think all she wanted to do was to draw people’s attention to how poorly paid teachers are. The DJ expressed his sympathies.

I wonder what will happen to this teacher who sounded as though she was in her early 30s. There is an education crisis and people like this who are in the education field trying to improve the lives of many children are not recognised for the work they do.

It’s sad to watch on the sidelines, after your children have left the education system, and see how it continues to deteriorate. Teaching has never been a well-paid job anyway but from what this woman was saying it looks as though it is another leading indicator of entropy in the educational system.

What can a teacher like this do? How can she improve her circumstances? Should she leave or stay? Continue reading “What advice would you give this cash-strapped teacher?”

5 ways your small business needs to tackle inflation – unless you’re the Great Gatsby

MV5BMTkxNTk1ODcxNl5BMl5BanBnXkFtZTcwMDI1OTMzOQ@@._V1_SX214_The Great Gatsby, or Jay Gatsby, the lead character in F Scott-Fitzgerald‘s novel, was a bootlegger. The new movie shows the millionaire protagonist living a lavish lifestyle but behind-the-scenes he made his wealth from selling illegal liquor during the Prohibition period.

Jay Gatsby would have made even more money in our present inflationary times. But commentators who have examined his criminal past say that bootlegging was a fairly low-margin business. The reason: he had to pay for bribes, lawyers and mob protection. It is also doubtful that he would have raised prices above all his many competitors.

Warnings of high inflation are coming from economists, business owners and consumer unions as the Rand got beaten to smithereens by the US dollar. It’s difficult always to make predictions about how fast inflation will grow but it’s best to take precautionary measures now than wait until your small business gets a kick in the stomach from inflation. Continue reading “5 ways your small business needs to tackle inflation – unless you’re the Great Gatsby”